Spending by a country’s residents while travelling abroad, annual in Latvia

Latvia: Spending by a country’s residents while travelling abroad, annual was 12.19 % change on previous year in 2024. ◆ Volatile

Latest (2024)
12.19 % change on previous year
Change on year
down 46.5%
World rank
90th
of 191 countries
All-time high
556.45 % change on previous year
in 1996
All-time low
-12.46 % change on previous year
in 2000
Years of data
16
1996–2024

Spending by a country’s residents while travelling abroad, annual in Latvia, 1996–2024

02004006001996201020241996: 556.5 % change on previous year1997: -6.9 % change on previous year1998: -6.3 % change on previous year1999: -9.6 % change on previous year2000: -12.5 % change on previous year2001: -9.3 % change on previous year2002: 4.7 % change on previous year2003: 36.7 % change on previous year2004: 17.3 % change on previous year2005: 53 % change on previous year2006: 20.3 % change on previous year2007: 29.6 % change on previous year2021: 33 % change on previous year2022: 39.8 % change on previous year2023: 22.8 % change on previous year2024: 12.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, spending by a country’s residents while travelling abroad, annual in Latvia stood at 12.19 % change on previous year.

That represents a change of down 46.5% on the previous year and down 63.1% over five years.

Over the whole period, spending by a country’s residents while travelling abroad, annual in Latvia peaked at 556.45 % change on previous year in 1996 and was at its lowest, -12.46 % change on previous year, in 2000.

That places Latvia 90th out of 191 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by a country’s residents while travelling abroad, annual in Latvia, year by year

Annual values for Spending by a country’s residents while travelling abroad, annual growth rate in Latvia, 1996 to 2024.
Year % change on previous year Change
1996 556.45 % change on previous year —
1997 -6.88 % change on previous year -101.2%
1998 -6.33 % change on previous year -8.0%
1999 -9.58 % change on previous year +51.2%
2000 -12.46 % change on previous year +30.1%
2001 -9.25 % change on previous year -25.7%
2002 4.71 % change on previous year -150.9%
2003 36.7 % change on previous year +680.0%
2004 17.26 % change on previous year -53.0%
2005 53.04 % change on previous year +207.3%
2006 20.31 % change on previous year -61.7%
2007 29.57 % change on previous year +45.6%
2021 33.02 % change on previous year +11.7%
2022 39.76 % change on previous year +20.4%
2023 22.81 % change on previous year -42.6%
2024 12.19 % change on previous year -46.5%

Biggest year-on-year movements

Years where Spending by a country’s residents while travelling abroad, annual in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2003 +680.0% 4.71 % change on previous year 36.7 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 133.42 % change on previous year -9.58 % change on previous year 556.45 % change on previous year 4
2000s 17.48 % change on previous year -12.46 % change on previous year 53.04 % change on previous year 8
2020s 26.95 % change on previous year 12.19 % change on previous year 39.76 % change on previous year 4

Countries ranked near Latvia

  1. 87 Aruba 13.32 % change on previous year compare
  2. 88 Costa Rica 12.55 % change on previous year compare
  3. 89 Armenia 12.22 % change on previous year compare
  4. 91 Bermuda 12.12 % change on previous year compare
  5. 92 Russia 12.08 % change on previous year compare
  6. 93 Bulgaria 12.03 % change on previous year compare

See the full ranking of 191 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is spending by a country’s residents while travelling abroad, annual in Latvia?
Spending by a country’s residents while travelling abroad, annual in Latvia was 12.19 % change on previous year in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, annual recorded in Latvia?
The highest recorded value was 556.45 % change on previous year in 1996.
What is the lowest spending by a country’s residents while travelling abroad, annual recorded in Latvia?
The lowest recorded value was -12.46 % change on previous year in 2000.
How does Latvia rank for spending by a country’s residents while travelling abroad, annual?
Latvia ranks 90th out of 191 countries with data for 2024.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, annual growth rate. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, annual in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-annual-growth-rate/latvia/

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How this figure is calculated

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by a country’s residents while travelling abroad, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
191 places, 4,321 data points, 1996–2024
Last refreshed

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.