Spending by a country’s residents while travelling abroad, per unit in Latvia
Latvia: Spending by a country’s residents while travelling abroad, per unit was 0.0322 current US$ per US$ of GDP in 2024. ▼ Falling
Spending by a country’s residents while travelling abroad, per unit in Latvia, 1995–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, spending by a country’s residents while travelling abroad, per unit in Latvia stood at 0.0322 current US$ per US$ of GDP.
That represents a change of up 9.1% on the previous year and up 94.3% over five years.
Over the whole period, spending by a country’s residents while travelling abroad, per unit in Latvia peaked at 0.0702 current US$ per US$ of GDP in 1996 and was at its lowest, 0.0111 current US$ per US$ of GDP, in 1995.
That places Latvia 68th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Spending by a country’s residents while travelling abroad, per unit in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0111 current US$ per US$ of GDP | — |
| 1996 | 0.0702 current US$ per US$ of GDP | +534.8% |
| 1997 | 0.0597 current US$ per US$ of GDP | -14.9% |
| 1998 | 0.0509 current US$ per US$ of GDP | -14.7% |
| 1999 | 0.0438 current US$ per US$ of GDP | -13.9% |
| 2000 | 0.0362 current US$ per US$ of GDP | -17.4% |
| 2001 | 0.0311 current US$ per US$ of GDP | -14.0% |
| 2002 | 0.0289 current US$ per US$ of GDP | -7.3% |
| 2003 | 0.0325 current US$ per US$ of GDP | +12.4% |
| 2004 | 0.031 current US$ per US$ of GDP | -4.6% |
| 2005 | 0.0402 current US$ per US$ of GDP | +29.8% |
| 2006 | 0.0386 current US$ per US$ of GDP | -4.0% |
| 2007 | 0.0347 current US$ per US$ of GDP | -10.0% |
| 2020 | 0.0166 current US$ per US$ of GDP | -52.3% |
| 2021 | 0.0193 current US$ per US$ of GDP | +16.3% |
| 2022 | 0.0271 current US$ per US$ of GDP | +40.4% |
| 2023 | 0.0295 current US$ per US$ of GDP | +9.1% |
| 2024 | 0.0322 current US$ per US$ of GDP | +9.1% |
Biggest year-on-year movements
Years where Spending by a country’s residents while travelling abroad, per unit 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.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +534.8% | 0.0111 current US$ per US$ of GDP | 0.0702 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0471 current US$ per US$ of GDP | 0.0111 current US$ per US$ of GDP | 0.0702 current US$ per US$ of GDP | 5 |
| 2000s | 0.0341 current US$ per US$ of GDP | 0.0289 current US$ per US$ of GDP | 0.0402 current US$ per US$ of GDP | 8 |
| 2020s | 0.0249 current US$ per US$ of GDP | 0.0166 current US$ per US$ of GDP | 0.0322 current US$ per US$ of GDP | 5 |
Countries ranked near Latvia
- 65 Thailand 0.0326 current US$ per US$ of GDP compare
- 66 Fiji 0.0324 current US$ per US$ of GDP compare
- 67 United Kingdom 0.0323 current US$ per US$ of GDP compare
- 69 Jamaica 0.032 current US$ per US$ of GDP compare
- 70 Oman 0.0318 current US$ per US$ of GDP compare
- 71 Sao Tome and Principe 0.0313 current US$ per US$ of GDP compare
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 spending by a country’s residents while travelling abroad, per unit in Latvia?
- Spending by a country’s residents while travelling abroad, per unit in Latvia was 0.0322 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest spending by a country’s residents while travelling abroad, per unit recorded in Latvia?
- The highest recorded value was 0.0702 current US$ per US$ of GDP in 1996.
- What is the lowest spending by a country’s residents while travelling abroad, per unit recorded in Latvia?
- The lowest recorded value was 0.0111 current US$ per US$ of GDP in 1995.
- How does Latvia rank for spending by a country’s residents while travelling abroad, per unit?
- Latvia ranks 68th out of 194 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Spending by a country’s residents while travelling abroad ÷ GDP (current US$)
Computed from
- Spending by a country’s residents while travelling abroad UN Tourism (2025) – processed by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.