Retail deposits reached 2.35 LVL bil in 2013 in Latvia, according to the National Central Bank. This is 3.85 % more than in the previous year.
Historically, retail deposits in Latvia reached an all time high of 3.42 LVL bil in 2007 and an all time low of 0.116 LVL bil in 1995. When compared to Latvia's main peers, retail deposits in Belarus amounted to 106,335 BYR bil, 5.45 EUR bil in Estonia, 28.0 LTL bil in Lithuania and 16,958 RUB bil in Russia in 2013.
Latvia has been ranked 38th within the group of 39 countries we follow in terms of retail deposits, 4 places behind the position seen 10 years ago.
A bank retail deposit is money placed into a banking institution for safekeeping by physical persons.