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

Source: Helgi Calculation
Last Updated: May 11, 2017

Bank staff expenses as a share of total costs reached 41.5% in 2020 in Latvia, according to the National Central Bank. This is 2.90% more than in the previous year.

Historically, bank staff expenses as a share of total costs in Latvia reached an all time high of 58.7% in 2015 and an all time low of 26.0% in 1994.

Latvia has been ranked 48th within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.

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