Latvia Late-payment interest (EU Late Payment Directive)
Latvia Late-payment interest (EU Late Payment Directive) is 10.4 percent, in force since 1 Jul 2026. It was 10.15 percent before that. Last checked against the official source on 22 Aug 2026.
Statutory interest for late payment in commercial transactions under EU Directive 2011/7/EU as implemented in Latvia's Civillikums art. 1765: the ECB main refinancing rate in force on the first day of the calendar half-year plus 8 percentage points. Derived live from this API's LV ecb-main-refinancing-rate series.
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| Current value | 10.4 percent |
|---|---|
| In force from | 2026-07-01 |
| Official source | Derived from the ECB main refinancing rate (this API's LV ecb-main-refinancing-rate series) under Civillikums art. 1765, half-yearly snapshot convention |
| Last verified | 2026-08-22 |
| Verification | derived — Computed from another series we hold, not read from any document. Computed from another series we hold (reference rate plus the statutory margin), not read from a document. |
| Provenance | source fingerprint |
What this value means
Latvia implements the Late Payment Directive directly in the Civillikums: commercial late-payment interest = the ECB main refinancing rate in force on the first calendar day of the half-year + 8 percentage points, the snapshot holding for the following six months regardless of intra-period ECB moves (art. 1765(3)) — H2 2026: 2.40% + 8 = 10.40%. DUAL REGIME: in contracts involving a CONSUMER, and generally where no rate is fixed by act or transaction, the likumiskie procenti are a fixed 6% per annum (art. 1765(1)-(2)) — the derived rate here is the COMMERCIAL rate only. The 30/60-day payment-term limits and the EUR 40 recovery-cost fee live in arts. 1668.2-1668.3. Retrieval: likumi.lv's consolidated Part 4 page truncates under automated fetch (~art. 1740); the operative third-daļa wording is verbatim in the amending law at likumi.lv/ta/id/260195-grozijumi-civillikuma.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-07-01 | 10.15 | Derived from the ECB main refinancing rate (this API's LV… |
| 2025-01-01 | 11.15 | Derived from the ECB main refinancing rate (this API's LV… |
| 2024-07-01 | 12.25 | Derived from the ECB main refinancing rate (this API's LV… |
| 2024-01-01 | 12.5 | Derived from the ECB main refinancing rate (this API's LV… |
| 2023-07-01 | 12 | Derived from the ECB main refinancing rate (this API's LV… |
| 2023-01-01 | 10.5 | Derived from the ECB main refinancing rate (this API's LV… |
| 2016-07-01 | 8 | Derived from the ECB main refinancing rate (this API's LV… |
| 2015-01-01 | 8.05 | Derived from the ECB main refinancing rate (this API's LV… |
Get it programmatically
curl https://euroref.dev/v1/lv/late-payment-interest
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://euroref.dev/v1/lv/late-payment-interest/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/lv/late-payment-interestOther Latvia series: Policy interest rate · Statutory legal interest (likumiskie procenti, Civillikums 1765) · Value added tax (PVN) · VAT registration threshold · National minimum wage · Public holidays · Consumer price index (annual inflation) · Corporate income tax (UIN, distributed-profit model) · Withholding tax rates · Personal income tax (IIN) · Statutory social-insurance contributions · ECB main refinancing operations rate (fixed rate)
The same figure elsewhere: Lithuania · Luxembourg · Malta · Netherlands · Poland · all 25