Consumer Credit in Latvia decreased to 509 EUR Million in December from 517.20 EUR Million in November of 2018. source: Bank of Latvia

Consumer Credit in Latvia averaged 660.86 EUR Million from 2003 until 2018, reaching an all time high of 1138 EUR Million in October of 2008 and a record low of 161.80 EUR Million in July of 2003. This page provides the latest reported value for - Latvia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Consumer Credit - values, historical data and charts - was last updated on January of 2021.

Consumer Credit in Latvia is expected to be 515.62 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Latvia to stand at 534.45 in 12 months time. In the long-term, the Latvia Consumer Credit is projected to trend around 561.17 EUR Million in 2022 and 578.01 EUR Million in 2023, according to our econometric models.

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Latvia Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
509.00 517.20 1138.00 161.80 2003 - 2018 EUR Million Monthly
Current Prices, NSA

Latvia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -25.80 -22.00 0.20 -54.30 points [+]
Retail Sales MoM -1.90 1.00 10.40 -8.90 percent [+]
Retail Sales YoY 1.40 6.40 60.60 -28.40 percent [+]
Consumer Spending 3970603.00 3288856.00 4389631.00 1418096.00 EUR Thousand [+]
Personal Savings 6.34 4.42 13.28 -20.51 percent [+]
Households Debt To Income 32.19 33.47 74.05 8.55 percent [+]
Bank Lending Rate 4.36 3.68 9.99 3.16 percent [+]
Economic Optimism Index 90.40 92.30 116.60 30.10 [+]
Gasoline Prices 1.41 1.30 1.86 0.41 USD/Liter [+]