Bank Staff Expenses (As % of Total Costs) in Latvia

Bank staff expenses as a share of total costs reached 41.5% in third quarter of 2021 in Latvia, according to the National Central Bank. This is 7.01% less than in the previous quarter.

Historically, bank staff expenses as a share of total costs in Latvia reached an all time high of 64.3% in 3Q2012 and an all time low of 25.0% in 4Q2016.

Latvia has been ranked 32nd within the group of 50 countries we follow in terms of bank staff expenses as a share of total costs.