Spending by international visitors while visiting a country in Latvia

Latvia: Spending by international visitors while visiting a country was 1.34 billion current US$ in 2024. ◆ Volatile

Latest (2024)
1.34 billion current US$
Change on year
up 5.1%
World rank
101st
of 203 countries
All-time high
1.34 billion current US$
in 2024
All-time low
37.00 million current US$
in 1995
Years of data
18
1995–2024

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

0500.0M1.0B1.5B1995200920241995: 37.0M current US$1996: 231.0M current US$1997: 235.0M current US$1998: 222.0M current US$1999: 153.0M current US$2000: 172.0M current US$2001: 153.0M current US$2002: 201.0M current US$2003: 271.0M current US$2004: 343.0M current US$2005: 446.0M current US$2006: 622.0M current US$2007: 880.0M current US$2020: 794.6M current US$2021: 739.3M current US$2022: 1.1B current US$2023: 1.3B current US$2024: 1.3B current US$

Source: UN Tourism (2025) – processed by Our World in Data. Measured in current US$.

Analysis

Latvia recorded 1.34 billion current US$ 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 current US$ in 2024 and was at its lowest, 37.00 million current US$, 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 175.60 million current US$ 37.00 million current US$ 235.00 million current US$ 5
2000s 386.00 million current US$ 153.00 million current US$ 880.00 million current US$ 8
2020s 1.05 billion current US$ 739.31 million current US$ 1.34 billion current US$ 5

Countries ranked near Latvia

  1. 98 Guatemala 1.66 billion current US$ compare
  2. 99 Montenegro 1.64 billion current US$ compare
  3. 100 Saint Lucia 1.39 billion current US$ compare
  4. 102 Uganda 1.32 billion current US$ compare
  5. 103 Ghana 1.28 billion current US$ compare
  6. 104 Pakistan 1.19 billion current US$ compare

See the full ranking of 203 places →

More reference data data for Latvia

All data for Latvia →

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 current US$ in 2024, according to UN Tourism (2025) – processed by 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 current US$ 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 current US$ 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 UN Tourism (2025) – processed by 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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About this data

Indicator
Spending by international visitors while visiting a country
Unit
current US$
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
203 places, 4,579 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, local transport, entertainment, shopping, and fares paid to the country’s own airlines. The data is expressed in current US dollars and is not adjusted for inflation or differences in living costs between countries.