Spending by international visitors while visiting a country in Latvia
Latvia: Spending by international visitors while visiting a country was 1.34 billion in 2024. ◆ Volatile
Spending by international visitors while visiting a country in Latvia, 1995–2024
Source: Our World in Data.
Analysis
Latvia recorded 1.34 billion for spending by international visitors while visiting a country in 2024. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 68.9% over five years.
Over the whole period, spending by international visitors while visiting a country in Latvia peaked at 1.34 billion in 2024 and was at its lowest, 37.00 million, in 1995.
Latvia ranks 101st of 203 countries on this measure, 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 in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 37.00 million | — |
| 1996 | 231.00 million | +524.3% |
| 1997 | 235.00 million | +1.7% |
| 1998 | 222.00 million | -5.5% |
| 1999 | 153.00 million | -31.1% |
| 2000 | 172.00 million | +12.4% |
| 2001 | 153.00 million | -11.0% |
| 2002 | 201.00 million | +31.4% |
| 2003 | 271.00 million | +34.8% |
| 2004 | 343.00 million | +26.6% |
| 2005 | 446.00 million | +30.0% |
| 2006 | 622.00 million | +39.5% |
| 2007 | 880.00 million | +41.5% |
| 2020 | 794.64 million | -9.7% |
| 2021 | 739.31 million | -7.0% |
| 2022 | 1.07 billion | +45.0% |
| 2023 | 1.28 billion | +19.2% |
| 2024 | 1.34 billion | +5.1% |
Latvia compared with similar countries
- Latvia's 1.34 billion is below the median for high income countries, which is 6.08 billion, 22% of the median. (73 countries reporting)
- Latvia's 1.34 billion is below the median for Europe & Central Asia, which is 6.00 billion, 22% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Spending by international visitors while visiting a country 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 | +524.3% | 37.00 million | 231.00 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 175.60 million | 37.00 million | 235.00 million | 5 |
| 2000s | 386.00 million | 153.00 million | 880.00 million | 8 |
| 2020s | 1.05 billion | 739.31 million | 1.34 billion | 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 spending by international visitors while visiting a country in Latvia?
- Spending by international visitors while visiting a country in Latvia was 1.34 billion in 2024, according to Our World in Data.
- What is the highest spending by international visitors while visiting a country recorded in Latvia?
- The highest recorded value was 1.34 billion in 2024.
- What is the lowest spending by international visitors while visiting a country recorded in Latvia?
- The lowest recorded value was 37.00 million in 1995.
- How does Latvia rank for spending by international visitors while visiting a country?
- Latvia ranks 101st out of 203 countries with data for 2024.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Spending by international visitors while visiting a country. Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).