Non-performing loans as a share of bank loans reached 2.41% in fourth quarter of 2023 in Latvia, according to the National Central Bank. This is 22.3% more than in the previous quarter.
Historically, non-performing loans as a share of bank loans in Latvia reached an all time high of 15.9% in 4Q2010 and an all time low of 1.97% in 2Q2023.
Latvia has been ranked 43rd within the group of 75 countries we follow in terms of non-performing loans as a share of bank loans.
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