Expenditure by detailed country/world region of the main destination in Latvia
Latvia: Expenditure by detailed country/world region of the main destination was 1.12 billion Euro in 2024. ▲ Rising
Expenditure by detailed country/world region of the main destination in Latvia, 2012–2024
Source: Eurostat. Measured in Euro.
Analysis
In 2024, expenditure by detailed country/world region of the main destination in Latvia stood at 1.12 billion Euro. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 0.7% on the previous year and up 119.9% over ten years.
Over the whole period, expenditure by detailed country/world region of the main destination in Latvia peaked at 1.12 billion Euro in 2024 and was at its lowest, 220.65 million Euro, in 2020.
Latvia ranks 35th of 37 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Expenditure by detailed country/world region of the main destination in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2012 | 514.60 million Euro | — |
| 2013 | 564.97 million Euro | +9.8% |
| 2014 | 508.19 million Euro | -10.0% |
| 2015 | 501.94 million Euro | -1.2% |
| 2016 | 484.10 million Euro | -3.6% |
| 2017 | 530.55 million Euro | +9.6% |
| 2018 | 541.34 million Euro | +2.0% |
| 2019 | 736.38 million Euro | +36.0% |
| 2020 | 220.65 million Euro | -70.0% |
| 2021 | 455.55 million Euro | +106.5% |
| 2022 | 816.52 million Euro | +79.2% |
| 2023 | 1.11 billion Euro | +35.9% |
| 2024 | 1.12 billion Euro | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 547.76 million Euro | 484.10 million Euro | 736.38 million Euro | 8 |
| 2020s | 743.98 million Euro | 220.65 million Euro | 1.12 billion Euro | 5 |
Countries ranked near Latvia
More reference data data for Latvia
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.15 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.71 Percentage of GDP (2022)
Frequently asked questions
- What is expenditure by detailed country/world region of the main destination in Latvia?
- Expenditure by detailed country/world region of the main destination in Latvia was 1.12 billion Euro in 2024, according to Eurostat.
- What is the highest expenditure by detailed country/world region of the main destination recorded in Latvia?
- The highest recorded value was 1.12 billion Euro in 2024.
- What is the lowest expenditure by detailed country/world region of the main destination recorded in Latvia?
- The lowest recorded value was 220.65 million Euro in 2020.
- How does Latvia rank for expenditure by detailed country/world region of the main destination?
- Latvia ranks 35th out of 37 countries with data for 2024.
- Is expenditure by detailed country/world region of the main destination rising or falling in Latvia?
- Over the last ten years it is up 119.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Expenditure by detailed country/world region of the main destination of the trip. Statizoid updates them automatically from the source API.
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