The Tier 1 ratio of the Latvian banking industry increased overall between 2015 and 2023, despite some fluctuations. After reaching its peak in the fourth quarter of 2021 at 29.19 percent, the ratio saw a downward trend. By the fourth quarter of 2023, it stood at 20.56 percent. Despite this, it remained above the lowest ratio observed in the second quarter of 2016 at 15.63 percent.
Tier 1 ratio of the banking industry in Latvia from 1st quarter 2015 to 4th quarter 2023
Characteristic
Tier 1 ratio
Q4 2023
20.56%
Q3 2023
21.56%
Q2 2023
22.23%
Q1 2023
23.12%
Q4 2022
23.62%
Q3 2022
26.11%
Q2 2022
27.15%
Q1 2022
28.53%
Q4 2021
29.19%
Q3 2021
23.7%
Q2 2021
24.09%
Q1 2021
23.79%
Q4 2020
25.7%
Q3 2020
23.51%
Q2 2020
23.33%
Q1 2020
23.66%
Q4 2019
21.98%
Q3 2019
20.64%
Q2 2019
20.2%
Q1 2019
21.19%
Q4 2018
20.26%
Q3 2018
19.92%
Q2 2018
20.08%
Q1 2018
19.82%
Q4 2017
18.4%
Q3 2017
20.3%
Q2 2017
17.64%
Q1 2017
17.01%
Q4 2016
17.29%
Q3 2016
16.52%
Q2 2016
15.63%
Q1 2016
16.36%
Q4 2015
18.98%
Q3 2015
17.8%
Q2 2015
17.53%
Q1 2015
17.21%
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Data refers to domestic banking groups and stand alone banks, foreign (EU and non-EU) controlled subsidiaries and foreign (EU and non-EU) controlled branches.
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ECB. (June 13, 2024). Tier 1 ratio of the banking industry in Latvia from 1st quarter 2015 to 4th quarter 2023 [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1428846/latvia-tier-1-capital-ratio-banking-industry-quarterly/
ECB. "Tier 1 ratio of the banking industry in Latvia from 1st quarter 2015 to 4th quarter 2023." Chart. June 13, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1428846/latvia-tier-1-capital-ratio-banking-industry-quarterly/
ECB. (2024). Tier 1 ratio of the banking industry in Latvia from 1st quarter 2015 to 4th quarter 2023. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1428846/latvia-tier-1-capital-ratio-banking-industry-quarterly/
ECB. "Tier 1 Ratio of The Banking Industry in Latvia from 1st Quarter 2015 to 4th Quarter 2023." Statista, Statista Inc., 13 Jun 2024, https://www.statista.com/statistics/1428846/latvia-tier-1-capital-ratio-banking-industry-quarterly/
ECB, Tier 1 ratio of the banking industry in Latvia from 1st quarter 2015 to 4th quarter 2023 Statista, https://www.statista.com/statistics/1428846/latvia-tier-1-capital-ratio-banking-industry-quarterly/ (last visited November 18, 2024)
Tier 1 ratio of the banking industry in Latvia from 1st quarter 2015 to 4th quarter 2023 [Graph], ECB, June 13, 2024. [Online]. Available: https://www.statista.com/statistics/1428846/latvia-tier-1-capital-ratio-banking-industry-quarterly/