EUR

Latvia

A new mortgage in Latvia costs 4.24 % right now (official figure, period 2026-05).

Mortgage rate

4.24 %

Checked 25 Jul 2026

Source: ECB Data Portal, MIR statistics

Inflation

3.75 %

Checked 25 Jul 2026

Source: Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB)

Real rates

Not published yet

House prices

225.8

Checked 25 Jul 2026

Source: Eurostat House Price Index (prc_hpi_q)

Rent

Not published yet

Electricity

€0.265/kWh

Checked 25 Jul 2026

Source: Eurostat household energy prices (nrg_pc_204 / nrg_pc_202)

Tax wedge

Not published yet

Minimum wage

€780/mo

Checked 25 Jul 2026

Source: Eurostat minimum wages (earn_mw_cur)

Average salary

Not published yet

VAT

Not published yet

Corporate tax

Not published yet

Top income tax

Not published yet

Days off

49 days

Checked 25 Jul 2026

Source: Public holiday calendar (Nager.Date)

Currency

-3.14 %

Checked 25 Jul 2026

Source: Currency strength vs USD (own calculation from ECB reference-rate snapshots)

GDP growth

2.14 %

Checked 25 Jul 2026

Source: World Bank open data (GDP growth, GDP/capita, unemployment, government debt)

GDP/capita

$26,312

Checked 25 Jul 2026

Source: World Bank open data (GDP growth, GDP/capita, unemployment, government debt)

Unemployment

6.57 %

Checked 25 Jul 2026

Source: World Bank open data (GDP growth, GDP/capita, unemployment, government debt)

Debt

Not published yet

What would a loan cost here?Taxes in Latvia