Money in Latvia
The Latvian economy recorded an average money supply growth rate of 7.8% in the decade up to 2022, above the 5.5% average for the Euro Area. The money supply growth in 2022 was 6.4%. For more monetary base information, visit our dedicated page.
Latvia Money Supply Chart
Latvia Money Supply Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Money (ann. var. of M2 %) | 8.0 | 13.1 | 7.9 | 6.4 | 2.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Latvian money supply projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable money supply forecast available for Latvian money supply.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Latvian money supply projections.
Want to get access to the full dataset of Latvian money supply forecasts? Send an email to info@focus-economics.com.