The benchmark interest rate in Latvia is set by the European Central Bank. source: European Central Bank

Interest Rate in Euro Area averaged 1.78 percent from 1998 until 2021, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0.00 percent in March of 2016. The benchmark interest rate in Latvia is set by the European Central Bank.European Central Bank. This page provides - Latvia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Interest Rate in Euro Area is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Euro Area to stand at 0.00 in 12 months time. In the long-term, the Euro Area Interest Rate is projected to trend around 0.00 percent in 2022, according to our econometric models.

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Latvia Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 4.75 0.00 1998 - 2021 percent Daily

Latvia Money Last Previous Highest Lowest Unit
Interest Rate 0.00 0.00 4.75 0.00 percent [+]
Interbank Rate 0.17 0.17 23.50 0.16 percent [+]
Money Supply M0 11123.80 10807.50 11301.50 154.20 EUR Million [+]
Money Supply M1 16625.50 16090.30 16625.50 2104.90 EUR Million [+]
Money Supply M2 18313.80 17781.30 18313.80 2881.20 EUR Million [+]
Foreign Exchange Reserves 4473.00 4541.00 6080.19 308.34 USD Million [+]
Banks Balance Sheet 24295.20 24107.30 32743.00 21504.20 EUR Million [+]
Loans To Private Sector 4416.50 4323.90 9837.50 1783.40 EUR Million [+]
Central Bank Balance Sheet 23061.00 23045.70 23061.00 1528.00 EUR Million [+]


Latvia Interest Rate
Since January of 2014, Latvia is a member of the European Union which has adopted the euro. Latvia's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.