Bank branches in Latvia in 2024 — 4.44 per 100k. Ranked 128 in the world out of 153. Since 2004, the indicator has fallen by 85.9%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Latvia
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 4.44 | −0.23 | −4.96% |
| 2023 | 4.68 | −0.51 | −9.91% |
| 2022 | 5.19 | −1.38 | −21.01% |
| 2021 | 6.57 | −0.45 | −6.35% |
| 2020 | 7.02 | −2.68 | −27.65% |
| 2019 | 9.7 | −4.98 | −33.91% |
| 2018 | 14.67 | −1.81 | −10.99% |
| 2017 | 16.48 | −0.65 | −3.78% |
| 2016 | 17.13 | −0.92 | −5.09% |
| 2015 | 18.05 | −2.33 | −11.43% |
| 2014 | 20.38 | −1.2 | −5.55% |
| 2013 | 21.58 | −3.05 | −12.37% |
| 2012 | 24.63 | −8.15 | −24.87% |
| 2011 | 32.78 | −1.44 | −4.21% |
| 2010 | 34.22 | −1.18 | −3.32% |
| 2009 | 35.39 | −1.21 | −3.3% |
| 2008 | 36.6 | −0.7 | −1.88% |
| 2007 | 37.3 | +3.93 | +11.78% |
| 2006 | 33.37 | +1.47 | +4.6% |
| 2005 | 31.91 | +0.32 | +1.01% |
| 2004 | 31.59 | — | — |
The same indicator for neighboring countries — with links to their pages
The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.
Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The volume of bank lending to businesses and households as a percent of GDP.
Finance Bank capital to assets ratioA measure of the soundness of a banking system: how much capital of its own a bank holds per dollar of assets.
Internet Mobile cellular subscriptionsThe number of mobile subscriptions per 100 people — often more than 100.
