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

Consumer Credit in Latvia is expected to be 512.22 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 522.23 in 12 months time. In the long-term, the Latvia Consumer Credit is projected to trend around 554.04 EUR Million in 2020, 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 -7.30 -7.30 0.20 -54.30 points [+]
Retail Sales MoM 2.60 0.30 10.20 -9.20 percent [+]
Retail Sales YoY 1.70 0.10 60.60 -28.50 percent [+]
Consumer Spending 4406125.00 4153170.00 4406125.00 1286274.00 EUR Thousand [+]
Personal Savings 6.34 4.42 13.28 -20.51 percent [+]
Bank Lending Rate 3.92 3.73 9.99 3.16 percent [+]
Economic Optimism Index 103.50 102.90 115.30 69.30 [+]
Households Debt To Income 33.47 35.94 74.05 8.55 percent [+]
Gasoline Prices 1.43 1.37 1.86 0.41 USD/Liter [+]