Latvijas Banka collects and compiles a wide range of statistical information in pursuit of its tasks. Latvijas Banka uses statistical information for performing financial and macroeconomic analyses, assessing financial stability, supervising financial market participants, and raising public awareness of developments in the financial sector and economy. The ECB also uses statistical information produced by Latvijas Banka to compile the Eurosystem's monetary statistics and other euro area statistical data to support its broader functions. To provide transparent information on the activities planned in the area of statistics, Latvijas Banka publishes the annual statistical programme and its implementation report, as well as a medium-term statistical work programme covering three years.

Data management

In 2025, Latvijas Banka developed several centralised solutions.

  • A data catalogue (an open-source tool (DataHub)) was integrated into Latvijas Banka's infrastructure, and information describing the data sets available at Latvijas Banka is being gradually incorporated into it.
  • Licensing and sanctioning information on supervised market participants was transferred to the single register of institutional units, and the duplicate maintenance of this information in a separate licensing and sanctioning register was discontinued.
  • The secure data lake infrastructure was expanded, providing much broader research opportunities and enabling Latvijas Banka to reuse data from various institutions in pseudonymised form more efficiently, extensively, and comprehensively for analytical and research purposes by linking them with other data at Latvijas Banka's disposal.
  • An artificial intelligence platform (Open WebUI) was established, with models hosted locally and in the MS Azure cloud, enabling the staff to develop and manage artificial intelligence assistants.
  • Several Large Language Model projects were introduced, such as smart search solutions for extensive documents related to cash handling instructions and procedures.

Latvijas Banka continues to promote the reuse of data, as well as the timely accessibility and processing of data, using modern data processing tools. In 2025, more than 40 new databases were added to the data lake, interdepartmental cooperation was strengthened, and various guidelines for working with data were provided to the staff.

Development of the statistical regulatory framework

Latvijas Banka, together with the central banks of other EU Member States and the ECB, continued to assess certain aspects of the implementation of the ESCB Integrated Reporting Framework (IReF) and the drafting of the IReF Regulation. In 2025, the investigation phase of the IReF project was extended until September 2026. Accordingly, a detailed implementation plan for the IReF project is expected to be developed and communicated in the first half of 2026, together with updated implementation deadlines.

In 2025, Latvijas Banka participated in another significant ESCB-level task. The revision of the Regulation on statistical reporting requirements for insurance corporations was launched. Latvijas Banka surveyed Latvian insurance corporations in order to identify the costs associated with the introduction of the amendments to the aforementioned Regulation. The results of the costs survey were submitted to the ECB in aggregated form, together with information on the costs incurred by Latvijas Banka in implementing the new requirements. Based on the results of the cost-benefit assessment, the process of drafting amendments to the Regulation on statistical reporting requirements for insurance corporations will be launched in 2026. The first reporting under the new requirements is planned to start with data for the first quarter of 2027.

Integration of data submission

To optimise the information systems used for reporting after the integration of the FCMC into Latvijas Banka, the submission of supervisory and resolution reports was gradually shifted during 2024 and 2025 from the data reporting system to the advanced security system and the electronic reporting system. The following measures were implemented:

  • technical descriptions were developed for all revised FCMC regulations and directly applicable binding EU legal acts to enable market participants to comply with the technical requirements for data provision in a timely manner;
  • meetings with the segments of market participants were organised to discuss the planned changes and to support the implementation of changes in the process of compiling and submitting these data;
  • within the electronic reporting system, a comprehensive monitoring tool for reporting was developed, covering all statistical, supervisory, resolution, and protection system reports to be submitted on a regular and regulated basis. The monitoring tool reflects submission deadlines for reports by market participants, as well as the status of submitted reports, including response messages in the event of errors. The functionality of the monitoring tool allows users to view all reports in a table or calendar format, download a list, and synchronise reporting schedules with MS Outlook and Google Calendar;
  • a file API channel was introduced as a modern alternative for submitting reports.

As a result of the optimisation of the information systems to be used for reporting, access to the data reporting system was closed as of 1 April 2026.

Compilation and dissemination of statistical data

Within the framework of the Macroeconomic Imbalances Procedure (MIP), experts from Eurostat and the ECB's Directorate-General Statistics visited Latvia in 2025 to assess the quality of external statistics and financial accounts statistics that are under Latvijas Banka’s responsibility and within the scope of the MIP. Such country visits are organised on a regular basis and not only allow for an assessment of the quality of statistical data, which received a positive evaluation in the case of Latvia, but also provide insight into statistical compilation practices in different countries and contribute to the development of such statistics. The CSB, as an important data source for external statistics and financial accounts statistics, was also represented in these discussions.

Data from the 2023 Household Finance and Consumption Survey were published on the website of Latvijas Banka. They include, inter alia, data on households' real assets and their financing, other liabilities, credit constraints, private business activities, financial assets, income, transfers, and consumption, as well as net wealth. The next such survey will start in 2026 and will involve 1200 households.

For the first time, pension fund statistics data were published in Latvijas Banka's internet statistical database INTS. These also include supervisory statistics data on pension funds and plans, thereby continuing the transfer of supervisory statistics data to the internet statistical database INTS.

For information on Latvijas Banka's activities in improving the analysis of sustainability-related data on legal persons involved in securities and credit transactions, see the section Sustainability.

Credit Register

Latvijas Banka ensures the operation of the Credit Register, accumulating data on the loans and guarantees of natural and legal persons. The Credit Register provides the information needed for Latvijas Banka to perform its tasks, including the ESCB tasks, and gives public institutions an additional way to receive the information that they need for their legally mandated tasks.

In 2025, Latvijas Banka started automatically transmitting the data included in the Credit Register on natural persons to sworn notaries within the framework of ongoing inheritance cases. In 2025, this solution provided information on around 400 natural persons per month, while reducing the reporting burden for the Credit Register participants and the Credit Register participants with a restricted status (jointly referred to as Register participants).

For the fulfilment of the tasks laid down in the Law on Extrajudicial Recovery of Debt, Latvijas Banka started, on behalf of credit institutions, transmitting to the Consumer Rights Protection Centre the data included in the Credit Register on the credit institution customers' obligations classified as non‑performing and terminated by transferring them to another creditor by way of assignment.

Latvijas Banka started providing the State Revenue Service with the data included in the Credit Register in connection with the determination of the credit growth rate for credit institutions as set out in the Solidarity Contribution Law in order to ensure that the State Revenue Service has additional comparative data for the application of a reduction to the solidarity contribution.

The Register participants started including new data in the Credit Register, inter alia, in order to provide additional information for the purpose of climate change transition risk analysis (see the section Sustainability).

At the end of 2025, the Credit Register held data on 1.18 million obligations, covering outstanding obligations and those that have been fulfilled and are used for the purpose of assessing creditworthiness. The actual outstanding amount of the obligations totalled 24.55 billion euro and the off-balance sheet amount of the obligations totalled 5.62 billion euro. These obligations covered 1.2 million borrowers and guarantors for borrowers from 76 participants. The Credit Register data on loans granted to legal persons are also provided to the ECB within the framework of AnaCredit statistics.

Latvijas Banka allows anybody to obtain a copy of the information held on them in the Credit Register, including on the electronic service website manidati.kreg.lv, free of charge. It also provides information about individuals to state institutions for the fulfilment of their tasks set out in regulatory enactments, for example, to the pre-trial investigation authority, the court, and the Orphan's and Custody Court.

Chart 1. Trends in requests received by the Credit Register (number)

In 2025, Register participants submitted 15.13 million requests to the Credit Register to use data from the Credit Register for assessing the creditworthiness of current or potential borrowers and guarantors for borrowers.

Chart 2. Trends in requests made by Credit Register participants (number; millions)