International tourism, expenditures for travel items in Latvia

Latvia: International tourism, expenditures for travel items was 301.00 million current US$ in 2020. ▲ Rising

Latest (2020)
301.00 million current US$
Change on year
down 59.8%
World rank
93rd
of 191 countries
All-time high
1.14 billion current US$
in 2008
All-time low
24.00 million current US$
in 1995
Years of data
26
1995–2020

International tourism, expenditures for travel items in Latvia, 1995–2020

0250.0M500.0M750.0M1.0B1.2B1995200720201995: 24.0M current US$1996: 373.0M current US$1997: 326.0M current US$1998: 305.0M current US$1999: 268.0M current US$2000: 247.0M current US$2001: 223.0M current US$2002: 230.0M current US$2003: 328.0M current US$2004: 377.0M current US$2005: 584.0M current US$2006: 704.0M current US$2007: 927.0M current US$2008: 1.1B current US$2009: 798.0M current US$2010: 648.0M current US$2011: 765.0M current US$2012: 680.0M current US$2013: 715.0M current US$2014: 715.0M current US$2015: 618.0M current US$2016: 699.0M current US$2017: 728.0M current US$2018: 778.0M current US$2019: 748.0M current US$2020: 301.0M current US$

Source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism. Measured in current US$.

Analysis

Latvia recorded 301.00 million current US$ for international tourism, expenditures for travel items in 2020.

Compared with earlier readings it is down 59.8% on the previous year and down 53.5% over ten years.

Over the whole period, international tourism, expenditures for travel items in Latvia peaked at 1.14 billion current US$ in 2008 and was at its lowest, 24.00 million current US$, in 1995.

That places Latvia 93rd out of 191 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 259.20 million current US$ 24.00 million current US$ 373.00 million current US$ 5
2000s 555.70 million current US$ 223.00 million current US$ 1.14 billion current US$ 10
2010s 709.40 million current US$ 618.00 million current US$ 778.00 million current US$ 10
2020s 301.00 million current US$ 301.00 million current US$ 301.00 million current US$ 1

Countries ranked near Latvia

  1. 90 Ethiopia 322.00 million current US$ compare
  2. 91 Armenia 307.00 million current US$ compare
  3. 92 Aruba 306.00 million current US$ compare
  4. 94 Costa Rica 300.00 million current US$ compare
  5. 95 Lesotho 276.00 million current US$ compare
  6. 95 Moldova 276.00 million current US$ compare

See the full ranking of 238 places →

More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is international tourism, expenditures for travel items in Latvia?
International tourism, expenditures for travel items in Latvia was 301.00 million current US$ in 2020, according to Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism.
What is the highest international tourism, expenditures for travel items recorded in Latvia?
The highest recorded value was 1.14 billion current US$ in 2008.
What is the lowest international tourism, expenditures for travel items recorded in Latvia?
The lowest recorded value was 24.00 million current US$ in 1995.
How does Latvia rank for international tourism, expenditures for travel items?
Latvia ranks 93rd out of 191 countries with data for 2020.
Is international tourism, expenditures for travel items rising or falling in Latvia?
Over the last ten years it is down 53.5%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism, published as part of International tourism, expenditures for travel items (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
International tourism, expenditures for travel items (current US$)
Unit
current US$
Source
Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 5,590 data points, 1995–2020
Last refreshed

International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.