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

Interest Rate in Latvia averaged 1.69 percent from 1998 until 2022, 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. 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 December of 2022.

Interest Rate in Latvia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Interest Rate is projected to trend around 3.50 percent in 2023 and 2.75 percent in 2024, according to our econometric models.

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Latvia Interest Rate



Related Last Previous Unit Reference
Interest Rate 2.00 1.25 percent Oct 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.25 4.75 0.00 1998 - 2022 percent Daily