International Tourism, Expenditure (USD) rose 9.86% to USD 880 mil in Latvia in 2016

International Tourism, Expenditure (USD) (USD mil)
Travel & Hospitality | Latvia | March 11, 2019
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Excel Sheet

Expenditure of international tourism reached 880 USD mil in 2016 in Latvia, according to Eurostat. This is 9.86 % more than in the previous year.

Historically, expenditure of international tourism in Latvia reached an all time high of 1,139 USD mil in 2008 and an all time low of 62.0 USD mil in 1995. When compared to Latvia's main peers, expenditure of international tourism in Belarus amounted to 897 USD mil, 1,297 USD mil in Estonia, 1,220 USD mil in Lithuania and 27,652 USD mil in Russia in 2016.

Latvia has been ranked 88th within the group of 146 countries we follow in terms of expenditure of international tourism, 14 places behind the position seen 10 years ago.

International tourism expenditure is the expenditure of international outbound visitors in other countries, including payments to foreign carriers for international transport.

International Tourism, Expenditure (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belarus USD mil 729 948 1,333 1,308 997
China USD mil 72,585 101,977 128,576 227,344 249,831
Estonia USD mil 806 796 1,236 1,345 1,169
Finland USD mil 6,010 5,843 6,387 6,324 5,785
Germany USD mil 99,839 96,233 102,677 101,702 85,308
Japan USD mil 39,760 40,967 32,244 28,609 23,252
Latvia USD mil 765 680 900 887 801
Lithuania USD mil 859 925 1,069 1,058 1,131
Poland USD mil 8,882 9,129 9,132 9,540 8,523
Russia USD mil 37,343 48,096 59,504 55,383 38,434
USA USD mil 116,448 129,902 130,148 140,558 150,044
Ukraine USD mil 4,829 5,536 6,300 5,470 5,408