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Interest Rate on Bank Deposits (Local Currency) in Latvia

Source: OECD, National Central Bank, Financial and Capital Market Commission
Last Updated: July 24, 2023

Interest rate on bank deposits reached 0.117% in fourth quarter of 2013 in Latvia, according to the National Central Bank. This is 25.0% more than in the previous quarter.

Historically, interest rate on bank deposits in Latvia reached an all time high of 40.8% in 1Q1994 and an all time low of 0.093% in 3Q2013.

Latvia has been ranked 129th within the group of 132 countries we follow in terms of interest rate on bank deposits.

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