Interest Rate on Bank Loans (Local Currency) in Latvia

Interest rate on bank loans reached 19.6% in 2016 in Latvia, according to the National Central Bank. This is 2.48% less than in the previous year.

Historically, interest rate on bank loans in Latvia reached an all time high of 86.4% in 1993 and an all time low of 5.38% in 2003.

Latvia has been ranked 11th within the group of 136 countries we follow in terms of interest rate on bank loans.