Interest spread, which is the difference between interest rate on loans and deposits reached 19.1% in 2016 in Latvia, according to the National Central Bank. This is 2.89% less than in the previous year.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Latvia reached an all time high of 51.6% in 1993 and an all time low of 2.36% in 2003.
Latvia has been ranked 6th within the group of 130 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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