Latvia vs Mongolia: Spending by international visitors while visiting a country as a share of GDP

Latvia
3.1%
in 2024
Mongolia
3.1%
in 2024
Latvia rank
89th
Mongolia rank
87th

Spending by international visitors while visiting a country as a share of GDP over time

  • Latvia
  • Mongolia
02.557.510199520092024

How they compare

Mongolia currently reports 3.1% against 3.1% in Latvia, a difference of 0.0%.

The two have swapped places 4 times across 18 shared years of data; in 1995 it was Mongolia ahead.

Latvia ranks 89th and Mongolia ranks 87th of 191 countries.

Across the 3 decades both report, Latvia averaged higher in 1 and Mongolia in 2.

Head to head by decade

Decade Latvia Mongolia Difference Ahead
1990s 2.7% 2.8% 0.1% Mongolia
2000s 2.5% 7.7% 5.2% Mongolia
2020s 2.6% 1.6% 1.0% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher spending by international visitors while visiting a country as a share of gdp, Latvia or Mongolia?
Mongolia, at 3.1% against 3.1% in Latvia as of 2024.
What is the difference in spending by international visitors while visiting a country as a share of gdp between Latvia and Mongolia?
0.0%, with Mongolia ahead.
How many years of comparable data are there for Latvia and Mongolia?
18 years are reported by both, from 1995 to 2024.
How do Latvia and Mongolia rank globally for spending by international visitors while visiting a country as a share of gdp?
Latvia ranks 89th and Mongolia ranks 87th of 191 countries.
Where does this data come from?
UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Spending by international visitors while visiting a country as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Mongolia: Spending by international visitors while visiting a country as a share of GDP. Statizoid, drawing on UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/spending-by-international-visitors-while-visiting-a-country-as-a-share-of-gdp/latvia/mongolia/

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<a href="https://economy.statizoid.com/compare/spending-by-international-visitors-while-visiting-a-country-as-a-share-of-gdp/latvia/mongolia/">Latvia vs Mongolia: Spending by international visitors while visiting a country as a share of GDP</a> — Statizoid

About this data

Indicator
Spending by international visitors while visiting a country as a share of GDP
Unit
%
Source
UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 4,349 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, transport, entertainment, shopping, and fares paid to the country’s own airlines, as a share of, as a share of GDP.