Credit Card Usage Statistics in Latvia (2026)
According to World Bank Global Findex data, 13.4% of adults in Latvia used a credit card in 2021. Up from 13.2% in 2017 to 13.4% in 2021 (+0.2 percentage points). Latvia ranks #32 of 46 economies in Europe & Central Asia on this measure, and #50 of 142 globally.
Key Statistics
- Latest value (2021)
- 13.4% (2021)
- Credit Card Usage in Latvia as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- +0.2 pp (2021)
- Up from 13.2% in 2017 to 13.4% in 2021 (+0.2 percentage points).
- Earliest value in this dataset (2014)
- 18.4% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 18.4% in 2014 to 13.4% in 2021.
- Peak value (2014)
- 18.4% (2014)
- Highest value in the available series; the 2021 value is 13.4%.
- Rank in Europe & Central Asia
- #32 of 46 (2021)
- Latvia ranks 32 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #50 of 142 (2021)
- Latvia ranks 50 of 142 countries with data globally.
- Europe & Central Asia average
- 26.3% (2021)
- Latvia (13.4%) is below the average of 26.3% across the 46 countries in Europe & Central Asia with data.
- Owns a credit card (% age 15+) (2021)
- 17.1% (2021)
- Related indicator from World Bank Global Findex.
- Internet use in Latvia (2024)
- 92.7% (2024)
- 92.7% of the population in Latvia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 1.9 million (2024)
- Latvia had a population of 1.9 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 13.4% | +0.2 pp |
| 2017 | 13.2% | −5.2 pp |
| 2014 | 18.4% | — |
Frequently asked questions
What share of adults in Latvia used a credit card?
13.4% of adults in Latvia used a credit card in 2021, according to World Bank Global Findex data.
How does Latvia compare with other countries in Europe & Central Asia?
Latvia ranks 32 of 46 countries in Europe & Central Asia with data, with 13.4% versus a regional average of 26.3% (latest values per country).
Where does Latvia rank globally on credit card usage?
Latvia ranks 50 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did credit card usage in Latvia peak?
The highest value in the available series was 18.4% in 2014; the latest (2021) value is 13.4%.
How recent is the credit card usage data for Latvia?
The most recent observation is from 2021. World Bank Global Findex data is reported with a lag, so 2021 is the latest available year for Latvia.
Source & methodology
Source: World Bank Global Findex, indicator
fin22g, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .