Tier 1 ratio of the banking industry in Latvia 2015-2023, by quarter
The Tier 1 ratio of the Latvian banking industry increased overall between 2015 and 2023, despite some fluctuations. In the third quarter of 2023, the Tier 1 ratio was 21.56 percent, slightly lower than in the previous quarter. The Tier 1 ratio peaked in the fourth quarter of 2014 at 29.19 percent.