Wage Payments into Accounts Statistics in Latvia (2026)

54% of adults in Latvia received wage payments into an account in 2021, World Bank Global Findex data show. Down from 55.1% in 2017 to 54% in 2021 (−1.1 percentage points). Latvia ranks #11 of 46 economies in Europe & Central Asia on this measure, and #20 of 140 globally.

Latest value (2021)
54% (2021)
Wage Payments into Accounts in Latvia as of 2021, the most recent observation in World Bank Global Findex data.
Change since 2017
−1.1 pp (2021)
Down from 55.1% in 2017 to 54% in 2021 (−1.1 percentage points).
Earliest value in this dataset (2014)
54.2% (2014)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 54.2% in 2014 to 54% in 2021.
Peak value (2017)
55.1% (2017)
Highest value in the available series; the 2021 value is 54%.
Rank in Europe & Central Asia
#11 of 46 (2021)
Latvia ranks 11 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
Global rank
#20 of 140 (2021)
Latvia ranks 20 of 140 countries with data globally.
Europe & Central Asia average
43.6% (2021)
Latvia (54%) is above the average of 43.6% across the 46 countries in Europe & Central Asia with data.
Among women (2021)
47.9% (2021)
Value for women in Latvia, same 2021 World Bank Global Findex data.
Among men (2021)
61.3% (2021)
Value for men in Latvia, same 2021 World Bank Global Findex data.
Gender gap (women minus men)
−13.4 pp (2021)
In 2021, the figure was 47.9% for women and 61.3% for men — 13.4 percentage points lower among women.
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.
Wage Payments into Accounts in Latvia by year (% of adults (age 15+))
Year % of adults (age 15+) Change
2021 54%−1.1 pp
2017 55.1%+1.0 pp
2014 54.2%
Wage Payments into Accounts in Latvia, 2014–2021Line chart of 3 observations from 2014 to 2021. Values range from 54% to 55.1%; the series starts at 54.2% in 2014 and ends at 54% in 2021.53.5%54%54.5%55%55.5%201420162018202154.2%54%
Fig. 1 — Wage Payments into Accounts in Latvia, 2014–2021

Frequently asked questions

What share of adults in Latvia received wage payments into an account?

54% of adults in Latvia received wage payments into an account in 2021, according to World Bank Global Findex data.

Where does the wage payments into accounts data for Latvia come from?

The data comes from the World Bank Global Findex (indicator fin32.acc). The latest observation for Latvia is from 2021; the snapshot was retrieved on 2026-06-10.

How has wage payments into accounts in Latvia changed over time?

World Bank Global Findex data show a decline from 54.2% in 2014 to 54% in 2021.

How does Latvia compare with other countries in Europe & Central Asia?

Latvia ranks 11 of 46 countries in Europe & Central Asia with data, with 54% versus a regional average of 43.6% (latest values per country).

Source: World Bank Global Findex, indicator fin32.acc, 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 .