Business loan interest rate in Latvia

New loans to businesses in Latvia carried an average interest rate of 5.40% in September 2026.

Measure: Interest rate on new loans to businesses Unit: % per year Data: July 2004 to September 2026 Source: ECB
Latvia, September 2026 5.40% % per year
Change from August 2026 −0.39percentage points August 2026: 5.79%
Euro area, September 2026 3.79%p (Provisional) Official aggregate
Median of European Union (27 countries), September 2026 4.13% Middle value of 16 countries
Position in September 2026 1st of 16 See the full ranking

Business loan interest rate in Latvia over time

View
Places
2 selected
Latvia Euro area ×

% per year. Source: ECB statistics. Gaps mean no published value; points are not joined across missing years.

Interest rate on new loans to businesses (% per year), January 2017 to September 2026 – most recent 40 periods; the CSV has all of them
Period LatviaEuro area
September 2026 5.40% 3.79%p (Provisional value)
August 2026 5.79% 3.63%
July 2026 not availableq (Missing value, suppressed) 3.72%
June 2026 not availableq (Missing value, suppressed) 3.73%
May 2026 4.79% 3.56%
April 2026 not availableq (Missing value, suppressed) 3.55%
March 2026 4.82% 3.50%
February 2026 4.73% 3.41%
January 2026 not availableq (Missing value, suppressed) 3.48%
December 2025 not availableq (Missing value, suppressed) 3.50%
November 2025 not availableq (Missing value, suppressed) 3.40%
October 2025 not availableq (Missing value, suppressed) 3.41%
September 2025 not availableq (Missing value, suppressed) 3.38%
August 2025 not availableq (Missing value, suppressed) 3.33%
July 2025 not availableq (Missing value, suppressed) 3.43%
June 2025 4.59% 3.48%
May 2025 not availableq (Missing value, suppressed) 3.54%
April 2025 5.35% 3.68%
March 2025 not availableq (Missing value, suppressed) 3.81%
February 2025 5.36% 4.00%
January 2025 6.05% 4.13%
December 2024 5.24% 4.23%
November 2024 not availableq (Missing value, suppressed) 4.40%
October 2024 6.30% 4.56%
September 2024 not availableq (Missing value, suppressed) 4.68%
August 2024 not availableq (Missing value, suppressed) 4.93%
July 2024 6.36% 4.96%
June 2024 not availableq (Missing value, suppressed) 5.00%
May 2024 6.69% 5.02%
April 2024 6.66% 5.11%
March 2024 6.79% 5.13%
February 2024 6.35% 5.05%
January 2024 6.87% 5.11%
December 2023 not availableq (Missing value, suppressed) 5.17%
November 2023 not availableq (Missing value, suppressed) 5.20%
October 2023 6.78% 5.25%
September 2023 6.13% 5.07%
August 2023 not availableq (Missing value, suppressed) 5.01%
July 2023 6.48% 4.93%
June 2023 not availableq (Missing value, suppressed) 4.78%

Flags: p Provisional value; q Missing value, suppressed . A dash means no value was published.

In short

  • That is a change of −0.39 percentage points from 5.79% in August 2026.
  • Since October 2024, when it was 6.30%, the figure has changed by −0.90 percentage points.
  • Among the 16 countries with data for September 2026, Latvia has the highest value.
  • The figure for the euro area in September 2026 was 3.79%.

Source and dates

Original producer
European Central Bank and national central banks, MFI interest rate statistics
Distributed by
European Central Bank, ECB Data Portal
Dataset or series code
MIR · dataset details · view at source
Selection
M..B.A2A.A.R.A.2240.EUR.N
Observation period
July 2004 to September 2026 for Latvia
Provider update
Not stated by the provider
Retrieved
9 November 2026
Published here
9 November 2026
Licence
ESCB statistics reuse policy
Attribution
Source: ECB statistics, original data: European Central Bank and national central banks, MFI interest rate statistics

Values are shown as published by the ECB. Changes between periods are calculated on this site.