Total Credit — Value US$, 2015 prices in Latvia
Latvia: Total Credit — Value US$, 2015 prices was 9,453 million USD in 2024. ▼ Falling
Total Credit — Value US$, 2015 prices in Latvia, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total credit — value us$, 2015 prices in Latvia is 9,453 million USD, measured in 2024.
Compared with earlier readings it is up 5.0% on the previous year and down 30.0% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Latvia peaked at 21,287 million USD in 2010 and was at its lowest, 9,001 million USD, in 2023.
Latvia ranks 92nd of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Total Credit — Value US$, 2015 prices in Latvia, year by year
| Year | million USD | Change |
|---|---|---|
| 2010 | 21,287 million USD | — |
| 2011 | 18,812 million USD | -11.6% |
| 2012 | 16,366 million USD | -13.0% |
| 2013 | 15,001 million USD | -8.3% |
| 2014 | 13,509 million USD | -9.9% |
| 2015 | 13,170 million USD | -2.5% |
| 2016 | 13,067 million USD | -0.8% |
| 2017 | 12,204 million USD | -6.6% |
| 2018 | 11,046 million USD | -9.5% |
| 2019 | 10,478 million USD | -5.1% |
| 2020 | 9,835 million USD | -6.1% |
| 2021 | 9,828 million USD | -0.1% |
| 2022 | 9,555 million USD | -2.8% |
| 2023 | 9,001 million USD | -5.8% |
| 2024 | 9,453 million USD | +5.0% |
Latvia compared with similar countries
- Latvia's 9,453 million USD is below the median for high income countries, which is 62,034 million USD, 15% of the median. (52 countries reporting)
- Latvia's 9,453 million USD is below the median for Europe & Central Asia, which is 38,541 million USD, 25% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14,494 million USD | 10,478 million USD | 21,287 million USD | 10 |
| 2020s | 9,535 million USD | 9,001 million USD | 9,835 million USD | 5 |
Countries ranked near Latvia
More agriculture & rural data for Latvia
- Agriculture, forestry, and fishing, value added (current US$), annual 12.21 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0401 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,055 current US$ per person (2025)
- Rural population, annual growth rate -1.45 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3137 units per person (2025)
- Share of GDP from agriculture 4.0% (2025)
- Agriculture as a share of GDP vs. GDP per capita 4.0% (2025)
- Agricultural raw materials exports 9.8% (2025)
- Agricultural raw materials imports 2.1% (2025)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Latvia?
- Total credit — value us$, 2015 prices in Latvia was 9,453 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Latvia?
- The highest recorded value was 21,287 million USD in 2010.
- What is the lowest total credit — value us$, 2015 prices recorded in Latvia?
- The lowest recorded value was 9,001 million USD in 2023.
- How does Latvia rank for total credit — value us$, 2015 prices?
- Latvia ranks 92nd out of 166 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in Latvia?
- Over the last ten years it is down 30.0%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.