Latvia Interest Rate

The benchmark interest rate in Latvia was last recorded at 0.25 percent. Interest Rate in Latvia is reported by the European Central Bank. . 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. This page provides - Latvia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.25 0.25 6.00 0.25 0.75 | 2014/05 2009 - 2014 Percent Monthly

TO

Latvia Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 2562.76 2014-03-31 2553.24 8395.26 350.16 3241.97 2014-04-30 USD Million [+]
Interbank Rate 0.10 2013-09-15 0.20 53.60 0.10 0.00 2013-10-31 Percent [+]
Interest Rate 0.25 2014-04-03 0.25 6.00 0.25 0.75 2014-05-31 Percent [+]
Money Supply M0 5852.20 2014-03-31 5905.90 5905.90 108.40 5757.66 2014-03-31 LVL Million [+]
Money Supply M1 7464.00 2014-02-28 7579.00 7579.00 1479.30 7241.99 2014-03-31 LVL Million [+]
Money Supply M2 9782.70 2014-02-28 9935.20 9935.20 2024.90 10062.32 2014-03-31 LVL Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Latvia Balance of Trade at -145.80 EUR Million  
Latvia recorded a trade deficit of 145.80 EUR Million in February of 2014. Balance of Trade in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Capital Flows at 64013.00 LVL THO  
Capital Flows in Latvia decreased to 64013 LVL THO in the fourth quarter of 2013 from 268123 LVL THO in the third quarter of 2013. Capital Flows in Latvia is reported by the Bank of Latvia.
Latvia Capacity Utilization at 72.10 Percent  
Capacity Utilization in Latvia decreased to 72.10 percent in the first quarter of 2014 from 72.20 percent in the fourth quarter of 2013. Capacity Utilization in Latvia is reported by the European Commission.
Latvia Car Registrations at 2910.00 Cars  
Car Registrations in Latvia decreased to 2910 Cars in the first quarter of 2014 from 3048 Cars in the fourth quarter of 2013. Car Registrations in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Consumer Price Index (CPI) at 107.30 Index Points  
Consumer Price Index (CPI) in Latvia increased to 107.30 Index Points in March of 2014 from 107 Index Points in February of 2014. Consumer Price Index (CPI) in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Consumer Spending at 3476763.00 LVL Thousand  
Consumer Spending in Latvia increased to 3476763 LVL Thousand in the fourth quarter of 2013 from 3445343 LVL Thousand in the third quarter of 2013. Consumer Spending in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Employed Persons at 900.00 Thousand  
The number of employed persons in Latvia decreased to 900 Thousand in the fourth quarter of 2013 from 906 Thousand in the third quarter of 2013. Employed Persons in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Exports at 797.10 EUR Million  
Exports in Latvia increased to 797.10 EUR Million in February of 2014 from 738.40 EUR Million in January of 2014. Exports in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia Export Prices at 117.20 Index Points  
Export Prices in Latvia remained unchanged at 117.20 Index Points in the fourth quarter of 2013 from 117.20 Index Points in the third quarter of 2013. Export Prices in Latvia is reported by the Central Statistical Bureau of Latvia.
Latvia GDP Constant Prices at 5654522.00 LVL THO  
GDP Constant Prices in Latvia increased to 5654522 LVL THO in the fourth quarter of 2013 from 5470765 LVL THO in the third quarter of 2013. GDP Constant Prices in Latvia is reported by the Central Statistical Bureau of Latvia.
MORE RELATED NEWS

LATEST NEWS

South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News