Interest rate on bank deposits reached 0.500% in 2016 in Latvia, according to the National Central Bank. This is 16.3% more than in the previous year.
Historically, interest rate on bank deposits in Latvia reached an all time high of 34.8% in 1993 and an all time low of 0.128% in 2013.
Latvia has been ranked 126th within the group of 144 countries we follow in terms of interest rate on bank deposits.
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