The benchmark interest rate In the Euro Area was last recorded at 0 percent.

Interest Rate in the Euro Area averaged 1.86 percent from 1998 until 2020, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 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 May of 2020.

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 2021, 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 - 2020 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 10038.20 10165.40 10433.60 154.20 EUR Million [+]
Money Supply M1 13380.40 12993.20 13380.40 2104.90 EUR Million [+]
Money Supply M2 15930.20 15628.50 15930.20 2881.20 EUR Million [+]
Foreign Exchange Reserves 4382.00 4269.00 6080.19 308.34 USD Million [+]
Banks Balance Sheet 21504.20 21810.60 32743.00 21504.20 EUR Million [+]
Loans To Private Sector 4582.80 4611.10 9837.50 1783.40 EUR Million [+]
Central Bank Balance Sheet 19132.10 18882.10 19132.10 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.