Spending by international visitors while visiting a country … unit in Latvia
Latvia: Spending by international visitors while visiting a country … unit was 0.0305 current US$ per US$ of GDP in 2024. ▲ Rising
Spending by international visitors while visiting a country, per unit in Latvia, 1995–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, spending by international visitors while visiting a country, per unit in Latvia stood at 0.0305 current US$ per US$ of GDP.
Compared with earlier readings it is up 2.1% on the previous year and up 28.1% over five years.
Over the whole period, spending by international visitors while visiting a country, per unit in Latvia peaked at 0.0398 current US$ per US$ of GDP in 1996 and was at its lowest, 0.0066 current US$ per US$ of GDP, in 1995.
That places Latvia 89th out of 191 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Spending by international visitors while visiting a country … unit in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0066 current US$ per US$ of GDP | — |
| 1996 | 0.0398 current US$ per US$ of GDP | +503.7% |
| 1997 | 0.037 current US$ per US$ of GDP | -7.1% |
| 1998 | 0.0318 current US$ per US$ of GDP | -14.0% |
| 1999 | 0.0209 current US$ per US$ of GDP | -34.4% |
| 2000 | 0.0222 current US$ per US$ of GDP | +6.1% |
| 2001 | 0.0187 current US$ per US$ of GDP | -15.7% |
| 2002 | 0.0217 current US$ per US$ of GDP | +16.3% |
| 2003 | 0.0241 current US$ per US$ of GDP | +10.9% |
| 2004 | 0.0248 current US$ per US$ of GDP | +2.9% |
| 2005 | 0.0274 current US$ per US$ of GDP | +10.3% |
| 2006 | 0.0304 current US$ per US$ of GDP | +11.3% |
| 2007 | 0.0299 current US$ per US$ of GDP | -1.7% |
| 2020 | 0.0238 current US$ per US$ of GDP | -20.4% |
| 2021 | 0.0194 current US$ per US$ of GDP | -18.7% |
| 2022 | 0.0282 current US$ per US$ of GDP | +45.7% |
| 2023 | 0.0299 current US$ per US$ of GDP | +5.9% |
| 2024 | 0.0305 current US$ per US$ of GDP | +2.1% |
Latvia compared with similar countries
- Latvia's 0.0305 current US$ per US$ of GDP is below the median for high income countries, which is 0.0369 current US$ per US$ of GDP, 83% of the median. (71 countries reporting)
- Latvia's 0.0305 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0324 current US$ per US$ of GDP, 94% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Spending by international visitors while visiting a country … 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 | +503.7% | 0.0066 current US$ per US$ of GDP | 0.0398 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0272 current US$ per US$ of GDP | 0.0066 current US$ per US$ of GDP | 0.0398 current US$ per US$ of GDP | 5 |
| 2000s | 0.0249 current US$ per US$ of GDP | 0.0187 current US$ per US$ of GDP | 0.0304 current US$ per US$ of GDP | 8 |
| 2020s | 0.0263 current US$ per US$ of GDP | 0.0194 current US$ per US$ of GDP | 0.0305 current US$ per US$ of GDP | 5 |
Countries ranked near Latvia
- 86 Ireland 0.032 current US$ per US$ of GDP compare
- 87 Mongolia 0.031 current US$ per US$ of GDP compare
- 88 Australia 0.0306 current US$ per US$ of GDP compare
- 90 Trinidad and Tobago 0.0295 current US$ per US$ of GDP compare
- 91 Puerto Rico 0.0293 current US$ per US$ of GDP compare
- 92 Uzbekistan 0.0292 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 international visitors while visiting a country, per unit in Latvia?
- Spending by international visitors while visiting a country, per unit in Latvia was 0.0305 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest spending by international visitors while visiting a country, per unit recorded in Latvia?
- The highest recorded value was 0.0398 current US$ per US$ of GDP in 1996.
- What is the lowest spending by international visitors while visiting a country, per unit recorded in Latvia?
- The lowest recorded value was 0.0066 current US$ per US$ of GDP in 1995.
- How does Latvia rank for spending by international visitors while visiting a country, per unit?
- Latvia ranks 89th 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 international visitors while visiting a country, 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 international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Spending by international visitors while visiting a country ÷ GDP (current US$)
Computed from
- Spending by international visitors while visiting a country 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 international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.