Information on quarterly leasing and factoring portfolio data of economically active enterprises whose main activity is financial leasing.


Factoring is a loan for financing the working capital of an enterprise or a financial institution, whereby the factoring company acquires accounts receivable (claims) of such enterprise or financial institution by taking over the enterprise's or financial institution's right of claim on receivers of goods or services and assuming credit risk.

Finance auxiliaries are financial institutions engaged mainly in finance auxiliary activities, i.e., in activities which are closely related with financial intermediation, but are not direct financial intermediation, e.g., investment brokers not performing financial intermediation activities on own behalf, companies ensuring infrastructure of financial market, institutions supervising monetary financial institutions (MFI), financial institutions and financial market.

Finance and Capital Market Commission and Nasdaq Riga, the Latvian Central Depository, insurance companies, currency exchange points, as well as investment management companies are considered as financial auxiliaries.

Financial leasing is a loan for the purchase of equipment meant for long-term use and similar fixed assets, if the lessor leases such fixed assets to the lessee for a fee that covers payments of the loan principal and interest.

At the end of the lease period the right of ownership transfer to the lessee. 

Household sector includes individuals or groups of individuals as consumers and, possibly, also as entrepreneurs who produce goods for market and provide non-financial and financial services (market producers).

This sector also includes individuals or groups of individuals as producers of goods and services for own final consumption.

Insurance companies and pension funds are financial institutions engaged in financial intermediation services, merging risks of various types.

Insurance companies take over the policyholder’s or insured person’s possible risk of loss or pass the risk of possible financial loss to the reinsurer. 

Insurance companies offer services of live and non-life insurance.

Private pension funds are providing social risk insurance for fund participants, accumulating and investing payments voluntarily made by the participants to ensure these participants with old-age and disability capital.

Lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.

Local government bodies are local government administrative structural units and local government agencies area of responsibility of which cover certain territory of the local government or territory of several local governments.

Local government bodies include local government bodies, mediated local government authorities as well as merchants controlled and funded by local governments.

Monetary financial institutions (MFI) are credit institutions and financial companies accepting deposits or close substitutes for deposits from clients, which are not MFI, granting credits on own account and investing in securities; MFI also include state central banks.

Non-financial merchants are economic units producing goods or providing non-financial services with an aim to gain profit or other benefits. Non-financial merchants are, e.g., corporations, joint stock companies and individual merchants.

The non-profit institutions serving households sector consists of non-profit institutions that serve households as separate legal persons and are other private non-market producers.

Their main resources other than those from occasional trade are gained from voluntary contributions in cash or in kind from households as consumers, from general government subsidies or as income from real-estate.

Non-residents are state institutions registered abroad and private persons households of which are located outside Latvia or who have arrived to Latvia for time period shorter than one year (except students). Also foreign diplomatic, consular, international institution and other representative bodies in Latvia are considered to be non-residents.

Operating lease is a lease other than a financial lease, signed for a period that does not last for the entire or a substantial part of the useful life of the leased asset.

The lessor covers all expenses related to the maintenance of the leased asset and assumes all risks and rewards associated with the ownership right and upon expiry of the contract will return the property to the leasing company. Upon request, lessee can also buy the property out at the end of the lease period at a previously agreed price.

Other financial intermediaries are financial institutions engaged mainly in financial intermediation, accepting obligations other than currency, deposits and substitutes for deposits from clients, which are not OFI, or insurance technical reserves.

Other financial intermediaries are companies engaged in crediting (e.g., financial leasing companies, factoring companies, export and import financing companies), investment funds, investment brokerage companies, financial vehicle corporations, financial holding corporations, venture capital companies as well as other financial institutions, if their activity meets the mentioned requirements.

Public bodies are state administrative structural units and public agencies area of responsibility of which cover all economic territory (except State Social Insurance Agency) – ministries, embassies, representative agencies, agencies, councils, education, health care, law enforcement, culture and other general government institutions as well as merchants controlled and funded by public bodies.

Residents in all institutions, including foreign institutions that are registered and working in the Latvia, and individuals whose household is located in Latvian Republic which do not leave the Latvian for a period exceeding one year (excluding students).

Regarded as residents of the Latvian Republic of diplomatic, consular and other missions abroad.

Dissemination Format and Release Calendar

Advance Release Calendar

Theme Reference period Planned release datesort icon Remarks
Leasing and factoring portfolio
  • 3rd quarter 2018
Leasing and factoring portfolio
  • 2nd quarter 2018

Theme Reference period Actual release datesort icon Remarks
Leasing and factoring portfolio
  • 1st quarter 2018
Leasing and factoring portfolio
  • 4th quarter 2017
Leasing and factoring portfolio
  • 3rd quarter 2017
Leasing and factoring portfolio
  • 2nd quarter 2017
Leasing and factoring portfolio
  • 1st quarter 2017


The following classifications are used for the Leasing and Portfolio data survey:

  • Revision 2 of the Statistical Classification of Economic Activities (NACE Rev. 2);
  • Classification of Institutional Sectors.

A Classification Catalogue with classification codes and their explanations has been published on the CSB website.

Customised Datasets

If you would like to obtain statistical data that are not available in publications or in the CSB online data base, please send us an information request:
 - postal mail: 1 Lāčplēša Street, Riga, Latvia, LV-1301;
 - e-mail: info [at] csb [dot] gov [dot] lv;
 - visiting Information centre.

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Data Collection

Survey Method and Source Data

The main data source is the CSB statistical report form 1-leasing "Survey of the lease provision".

Statistical Population

All economically active enterprises, whose main activity is financial leasing.

Sample size

The sampling frame is created applying information from the Statistical Business Register. All economically active enterprises, whose main activity is financial leasing.


Economically active enterprises

2018 15
2017 16
2016 18
2015 19
2014 19
2013 21
2012 21
2011 23
2010 23

Statistical Processing

Data Revision

Data adjustment is carried out if the respondent specifies data on some of the previous periods.

Publishing data for the 4th quarter the data of the previous quarters are revised.


Comparabality over time

Comparable data are available since 2006.


Confidentiality of the information provided by respondents is protected by the Section 17 of the Statistics Law stipulating rights and obligations of the Central Statistical Bureau of Latvia and other state authorities producing official statistics. Read more

Contact person on methodology

Name Surname Telephone Position e-mail
Inese Basova +371 67366673 Senior Officer Inese [dot] Basova [at] csb [dot] gov [dot] lv

Methodology last updated


Indicators of Non-banking corporations

Explanation of symbols


Magnitude zero


Less than half of the unit employed


Data not available or too uncertain for presentation


Figure not applicable because column heading and stub line make entry impossible, absurd or meaningless


Data not released for confidentiality reasons

If data are absolute numbers


Magnitude zero