Spending by international visitors while visiting a country … capita in Latvia

Latvia: Spending by international visitors while visiting a country … capita was 719.29 current US$ per person in 2024. ◆ Volatile

Latest (2024)
719.29 current US$ per person
Change on year
up 6.1%
World rank
78th
of 194 countries
All-time high
719.29 current US$ per person
in 2024
All-time low
14.89 current US$ per person
in 1995
Years of data
18
1995–2024

Spending by international visitors while visiting a country, per in Latvia, 1995–2024

02004006008001995200920241995: 14.9 current US$ per person1996: 94 current US$ per person1997: 96.6 current US$ per person1998: 92.1 current US$ per person1999: 64 current US$ per person2000: 72.6 current US$ per person2001: 65.5 current US$ per person2002: 87 current US$ per person2003: 118.4 current US$ per person2004: 151.6 current US$ per person2005: 199.2 current US$ per person2006: 280.4 current US$ per person2007: 399.9 current US$ per person2020: 418.1 current US$ per person2021: 392.3 current US$ per person2022: 570.4 current US$ per person2023: 678.2 current US$ per person2024: 719.3 current US$ per person

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

The most recent figure for spending by international visitors while visiting a country, per in Latvia is 719.29 current US$ per person, measured in 2024. That is the highest value across all 18 years on record.

The figure is up 6.1% on the previous year and up 72.0% over five years.

Over the whole period, spending by international visitors while visiting a country, per in Latvia peaked at 719.29 current US$ per person in 2024 and was at its lowest, 14.89 current US$ per person, in 1995.

That places Latvia 78th out of 194 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 international visitors while visiting a country … capita in Latvia, year by year

Annual values for Spending by international visitors while visiting a country, per capita in Latvia, 1995 to 2024.
Year current US$ per person Change
1995 14.89 current US$ per person —
1996 94.01 current US$ per person +531.4%
1997 96.59 current US$ per person +2.8%
1998 92.12 current US$ per person -4.6%
1999 64 current US$ per person -30.5%
2000 72.65 current US$ per person +13.5%
2001 65.46 current US$ per person -9.9%
2002 87.01 current US$ per person +32.9%
2003 118.45 current US$ per person +36.1%
2004 151.56 current US$ per person +28.0%
2005 199.21 current US$ per person +31.4%
2006 280.39 current US$ per person +40.7%
2007 399.94 current US$ per person +42.6%
2020 418.13 current US$ per person +4.5%
2021 392.31 current US$ per person -6.2%
2022 570.44 current US$ per person +45.4%
2023 678.23 current US$ per person +18.9%
2024 719.29 current US$ per person +6.1%

Latvia compared with similar countries

  • Latvia's 719.29 current US$ per person is below the median for high income countries, which is 1,726 current US$ per person, 42% of the median. (73 countries reporting)
  • Latvia's 719.29 current US$ per person is below the median for Europe & Central Asia, which is 1,028 current US$ per person, 70% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Spending by international visitors while visiting a country … capita 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
1996 +531.4% 14.89 current US$ per person 94.01 current US$ per person

Averages by decade

DecadeAverage LowestHighest Years
1990s 72.32 current US$ per person 14.89 current US$ per person 96.59 current US$ per person 5
2000s 171.83 current US$ per person 65.46 current US$ per person 399.94 current US$ per person 8
2020s 555.68 current US$ per person 392.31 current US$ per person 719.29 current US$ per person 5

Countries ranked near Latvia

  1. 75 United States 740.13 current US$ per person compare
  2. 76 Bulgaria 735.12 current US$ per person compare
  3. 77 Oman 732.46 current US$ per person compare
  4. 79 Malaysia 691.62 current US$ per person compare
  5. 80 Uruguay 678.44 current US$ per person compare
  6. 81 Lithuania 663.21 current US$ per person compare

See the full ranking of 194 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is spending by international visitors while visiting a country, per in Latvia?
Spending by international visitors while visiting a country, per in Latvia was 719.29 current US$ per person in 2024, according to Statizoid (derived).
What is the highest spending by international visitors while visiting a country, per recorded in Latvia?
The highest recorded value was 719.29 current US$ per person in 2024.
What is the lowest spending by international visitors while visiting a country, per recorded in Latvia?
The lowest recorded value was 14.89 current US$ per person in 1995.
How does Latvia rank for spending by international visitors while visiting a country, per?
Latvia ranks 78th 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 international visitors while visiting a country, per capita. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country, per in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-per-capita/latvia/

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<a href="https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-per-capita/latvia/">Spending by international visitors while visiting a country, per in Latvia</a> — Statizoid

How this figure is calculated

Spending by international visitors while visiting a country divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by international visitors while visiting a country ÷ Population, total

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 international visitors while visiting a country, per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,413 data points, 1995–2024
Last refreshed

Spending by international visitors while visiting a country divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.