Corporate loans reached 10.0 USD bil in 2017 in Latvia, according to the National Central Bank. This is 4.91 % more than in the previous year.
Historically, corporate loans in Latvia reached an all time high of 20.8 USD bil in 2008 and an all time low of 0.328 USD bil in 1995. When compared to Latvia's main peers, corporate loans in Belarus amounted to 15.2 USD bil, 8.33 USD bil in Estonia, 11.3 USD bil in Lithuania and 472 USD bil in Russia in 2017.
Latvia has been ranked 41st within the group of 75 countries we follow in terms of corporate loans.
Corporate loans are loans made to businesses for a specific business purpose.