Total Credit — Value US$ in Latvia
Latvia: Total Credit — Value US$ was 13,115 million USD in 2024. ▼ Falling
Total Credit — Value US$ 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$ in Latvia is 13,115 million USD, measured in 2024.
The figure is up 8.2% on the previous year and down 18.6% over ten years.
Over the whole period, total credit — value us$ in Latvia peaked at 22,688 million USD in 2010 and was at its lowest, 11,593 million USD, in 2020.
Latvia ranks 89th 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$ in Latvia, year by year
| Year | million USD | Change |
|---|---|---|
| 2010 | 22,688 million USD | — |
| 2011 | 22,218 million USD | -2.1% |
| 2012 | 18,227 million USD | -18.0% |
| 2013 | 17,586 million USD | -3.5% |
| 2014 | 16,113 million USD | -8.4% |
| 2015 | 13,170 million USD | -18.3% |
| 2016 | 13,116 million USD | -0.4% |
| 2017 | 12,840 million USD | -2.1% |
| 2018 | 12,603 million USD | -1.8% |
| 2019 | 11,823 million USD | -6.2% |
| 2020 | 11,593 million USD | -1.9% |
| 2021 | 12,392 million USD | +6.9% |
| 2022 | 11,782 million USD | -4.9% |
| 2023 | 12,126 million USD | +2.9% |
| 2024 | 13,115 million USD | +8.2% |
Latvia compared with similar countries
- Latvia's 13,115 million USD is below the median for high income countries, which is 78,085 million USD, 17% of the median. (52 countries reporting)
- Latvia's 13,115 million USD is below the median for Europe & Central Asia, which is 43,331 million USD, 30% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16,038 million USD | 11,823 million USD | 22,688 million USD | 10 |
| 2020s | 12,202 million USD | 11,593 million USD | 13,115 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$ in Latvia?
- Total credit — value us$ in Latvia was 13,115 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Latvia?
- The highest recorded value was 22,688 million USD in 2010.
- What is the lowest total credit — value us$ recorded in Latvia?
- The lowest recorded value was 11,593 million USD in 2020.
- How does Latvia rank for total credit — value us$?
- Latvia ranks 89th out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Latvia?
- Over the last ten years it is down 18.6%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.