
Latvia
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Digitalization
- Internet usage (of pop.)
- 90%
- Did online shopping (age 15+)
- 48 – 49%
- Paid bills via internet (age 15+)
- 71 – 73%
- Accessed a bank account online (age 15+)
- 69 – 70%
- Paid utility bills using a mobile phone (age 15+)
- 10 – 13%
- Made or received digital payments (age 15+)
- > 98%
Data overview for Latvia
Digitalization
- Internet usage (of pop.)
- 90%
- Did online shopping (age 15+)
- 48 – 49%
- Paid bills via internet (age 15+)
- 71 – 73%
- Accessed a bank account online (age 15+)
- 69 – 70%
- Paid utility bills using a mobile phone (age 15+)
- 10 – 13%
- Made or received digital payments (age 15+)
- > 98%
Macro data
- Population 2020
- 1.9M
- GDP Total 2020
- €146B
- GDP per capita 2020 (PPP)
- €27,900
- GDP forecast 2021
- 3.9%
- Trade Flows (% of GDP)
- 113.3%
Banking data
- Total bank assets 2020
- €88.8B
- Total bank assets 2020/GDP
- 60.7%
- Account ownership (age 15+)
- > 98%
- Debit card ownership (age 15+)
- 95 – 98%
Economic data
- Unemployment
- 7.2%
- Currency
- EUR
- Remittances (% of GDP)
- 3.3%
- Private Consumption (yoy)
- 9.8%
Data provided by Raiffeisen Research, Sources
Latvia compared to other CEE countries
Latvia
- Internet usage (of pop.)
- 90%
- Did online shopping (age 15+)
- 48 – 49%
- Paid bills via internet (age 15+)
- 71 – 73%
- Accessed a bank account online (age 15+)
- 69 – 70%
Data provided by Raiffeisen Research, Sources