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
Latvia recorded 1.12 billion Euro for expenditure by detailed country/world region of the main destination in 2024. 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% |
Latvia compared with similar countries
- Latvia's 1.12 billion Euro is below the median for Europe & Central Asia, which is 7.25 billion Euro, 15% of the median. (28 countries reporting)
- Latvia's 1.12 billion Euro is below the median for high income countries, which is 6.00 billion Euro, 19% of the median. (29 countries reporting)
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
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
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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