Latvia - Business Lending Rate





Latvia: Business Lending Rate

Mnemonic IRLENDB.ILVA
Unit % , NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Dec 2023 6.41
Nov 2023 6.38

Series Information

Source Bank of Latvia
Release Lending Interest Rates
Frequency Monthly
Start Date 6/30/2010
End Date 12/31/2023

Latvia: Markets

Reference Last Previous Units Frequency
Stock Market Index 15 Mar 2024 1,332 1,330 Index, NSA Business Daily
Average Long-term Government Bond Feb 2024 3.41 3.38 % p.a., NSA Monthly
Business Lending Rate Dec 2023 6.41 6.38 % , NSA Monthly
Household Lending Rate Dec 2023 15.46 16.02 % , NSA Monthly
Monetary Policy Rate May 2021 -0.5 %, NSA Monthly
Treasury Bills (over 31 days) Dec 2013 0.23 % p.a., NSA Monthly
Lending Rate Mar 2013 2.5 2.5 % - End of period Monthly

Release Information

For Latvia, weighted average interest rates charged by MFIs in transactions with resident non-financial corporations and households.

  • Measurement: Percent per annum (% p.a.)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: As early as 2004m1

Interbank interest rates are provided for loans granted in euro and foreign currencies of different maturites: overnight; up to 1 month; 1-3 months; and over 3 months. Weighted average interest rates on transactions of MFIs with resident households and non-finanfial corporations are reported for loans, time deposits and demand deposits, as well as transactions in euro foreign currencies. The Banks of Latvia is the source for  these indicators. 

Data may lag due to insufficient data for a particular period.