# Composite cost of borrowing for non-financial corporations in Latvia

Composite cost of borrowing for non-financial corporations in Latvia was 5.75% in August 2026. Source: European Central Bank.

- Indicator id: `ecb_business_borrowing_cost`
- Place id: `lv`
- Unit: %
- Definition: Monthly composite interest rate on new bank loans to non-financial corporations, in percent per year. Rates across corporate loan categories are combined using 24-month moving averages of new loan volumes.
- Note: Annualised agreed rates or narrowly defined effective rates (AAR/NDER) exclude fees and other charges. Corporations are non-financial companies, ESA 2010 sector S.11; the classification changed in December 2014. The euro area aggregate has changing membership. Country histories start at different dates; values may be revised.
- Source: European Central Bank, ECB MIR composite cost of borrowing for non-financial corporations, new business (A2I.AM.R.A.2240.EUR.N) (https://data-api.ecb.europa.eu/service/data/MIR/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.B.A2I.AM.R.A.2240.EUR.N?format=csvdata&startPeriod=2003-01)
- Publisher page: https://invokely.ai/en/publishers/european-central-bank
- Retrieved: 2026-10-12
- License: ESCB statistics reuse policy (free commercial and non-commercial reuse, source must be quoted)
- Citation: European Central Bank. ECB MIR composite cost of borrowing for non-financial corporations, new business (A2I.AM.R.A.2240.EUR.N). https://data-api.ecb.europa.eu/service/data/MIR/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.B.A2I.AM.R.A.2240.EUR.N?format=csvdata&startPeriod=2003-01. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/business-borrowing-cost/latvia
- API: https://invokely.ai/api/v1/series?indicator=ecb_business_borrowing_cost&place=lv

| Period | % |
|---|---:|
| 2026-08 | 5.75 |
| 2026-07 | 4.82 |
| 2026-06 | 4.9 |
| 2026-05 | 4.84 |
| 2026-04 | 4.9 |
| 2026-03 | 4.77 |
| 2026-02 | 4.75 |
| 2026-01 | 5.31 |
| 2025-12 | 4.78 |
| 2025-11 | 4.84 |
| 2025-10 | 4.36 |
| 2025-09 | 4.46 |
| 2025-08 | 4.25 |
| 2025-07 | 4.68 |
| 2025-06 | 4.66 |
| 2025-05 | 4.6 |
| 2025-04 | 5.39 |
| 2025-03 | 5.49 |
| 2025-02 | 5.4 |
| 2025-01 | 6.03 |
| 2024-12 | 5.4 |
| 2024-11 | 6.01 |
| 2024-10 | 6.33 |
| 2024-09 | 6.17 |
| 2024-08 | 5.85 |
| 2024-07 | 6.45 |
| 2024-06 | 6.26 |
| 2024-05 | 6.78 |
| 2024-04 | 6.74 |
| 2024-03 | 6.88 |
| 2024-02 | 6.43 |
| 2024-01 | 6.94 |
| 2023-12 | 6.08 |
| 2023-11 | 6.88 |
| 2023-10 | 6.78 |
| 2023-09 | 6.21 |
| 2023-08 | 6.19 |
| 2023-07 | 6.45 |
| 2023-06 | 5.55 |
| 2023-05 | 5.81 |
| 2023-04 | 5.65 |
| 2023-03 | 5.45 |
| 2023-02 | 5.31 |
| 2023-01 | 4.49 |
| 2022-12 | 4.96 |
| 2022-11 | 3.93 |
| 2022-10 | 3.32 |
| 2022-09 | 3.48 |
| 2022-08 | 3.08 |
| 2022-07 | 2.88 |
| 2022-06 | 3.19 |
| 2022-05 | 2.34 |
| 2022-04 | 2.56 |
| 2022-03 | 2.84 |
| 2022-02 | 2.94 |
| 2022-01 | 3.1 |
| 2021-12 | 2.98 |
| 2021-11 | 2.85 |
| 2021-10 | 2.68 |
| 2021-09 | 3.59 |
| 2021-08 | 2.59 |
| 2021-07 | 2.82 |
| 2021-06 | 3.06 |
| 2021-05 | 2.83 |
| 2021-04 | 3.79 |
| 2021-03 | 3.46 |
| 2021-02 | 3.37 |
| 2021-01 | 3.16 |
| 2020-12 | 3.21 |
| 2020-11 | 3.38 |
| 2020-10 | 3.55 |
| 2020-09 | 3.92 |
| 2020-08 | 3.16 |
| 2020-07 | 3.12 |
| 2020-06 | 2.99 |
| 2020-05 | 3.5 |
| 2020-04 | 3.76 |
| 2020-03 | 3.18 |
| 2020-02 | 3.52 |
| 2020-01 | 3.41 |
| 2019-12 | 3.42 |
| 2019-11 | 3.55 |
| 2019-10 | 3.78 |
| 2019-09 | 2.96 |
| 2019-08 | 3.1 |
| 2019-07 | 3.53 |
| 2019-06 | 3.43 |
| 2019-05 | 3.29 |
| 2019-04 | 3.6 |
| 2019-03 | 3.31 |
| 2019-02 | 2.78 |
| 2019-01 | 2.58 |
| 2018-12 | 2.67 |
| 2018-11 | 3.02 |
| 2018-10 | 3.02 |
| 2018-09 | 3.12 |
| 2018-08 | 3.02 |
| 2018-07 | 3.1 |
| 2018-06 | 2.93 |
| 2018-05 | 3.2 |
| 2018-04 | 2.54 |
| 2018-03 | 3.22 |
| 2018-02 | 3.34 |
| 2018-01 | 2.99 |
| 2017-12 | 2.75 |
| 2017-11 | 3.08 |
| 2017-10 | 2.6 |
| 2017-09 | 2.83 |
| 2017-08 | 3.07 |
| 2017-07 | 2.72 |
| 2017-06 | 2.87 |
| 2017-05 | 3.09 |
| 2017-04 | 2.79 |
| 2017-03 | 2.68 |
| 2017-02 | 2.87 |
| 2017-01 | 2.91 |
| 2016-12 | 3.23 |
| 2016-11 | 2.74 |
| 2016-10 | 2.77 |
| 2016-09 | 2.85 |
| 2016-08 | 2.48 |
| 2016-07 | 2.93 |
| 2016-06 | 2.96 |
| 2016-05 | 2.54 |
| 2016-04 | 2.68 |
| 2016-03 | 3.16 |
| 2016-02 | 2.96 |
| 2016-01 | 3.12 |
| 2015-12 | 3.51 |
| 2015-11 | 2.88 |
| 2015-10 | 3.41 |
| 2015-09 | 3.23 |
| 2015-08 | 3.21 |
| 2015-07 | 3.33 |
| 2015-06 | 3.6 |
| 2015-05 | 2.83 |
| 2015-04 | 2.89 |
| 2015-03 | 3.95 |
| 2015-02 | 3.52 |
| 2015-01 | 3.65 |
| 2014-12 | 3.48 |
| 2014-11 | 2.88 |
| 2014-10 | 3.59 |
| 2014-09 | 4.09 |
| 2014-08 | 3.29 |
| 2014-07 | 3.57 |
| 2014-06 | 3.06 |
| 2014-05 | 2.97 |
| 2014-04 | 4.14 |
| 2014-03 | 3.48 |
| 2014-02 | 3.99 |
| 2014-01 | 3.52 |