International trade in services — Travel in Latvia
Latvia: International trade in services — Travel was 34 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services — Travel in Latvia, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
In 2024, international trade in services — travel in Latvia stood at 34 Euros, exchange rate converted.
Compared with earlier readings it is down 19.0% on the previous year and up 3,300.0% over ten years.
Over the whole period, international trade in services — travel in Latvia peaked at 42 Euros, exchange rate converted in 2023 and was at its lowest, -18 Euros, exchange rate converted, in 2017.
The series is highly variable year to year, so single readings are best treated with caution.
International trade in services — Travel in Latvia, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2010 | -9 Euros, exchange rate converted | — |
| 2011 | -4 Euros, exchange rate converted | -55.6% |
| 2012 | -5 Euros, exchange rate converted | +25.0% |
| 2013 | 1 Euros, exchange rate converted | -120.0% |
| 2015 | -1 Euros, exchange rate converted | -200.0% |
| 2016 | -14 Euros, exchange rate converted | +1300.0% |
| 2017 | -18 Euros, exchange rate converted | +28.6% |
| 2018 | -14 Euros, exchange rate converted | -22.2% |
| 2019 | -9 Euros, exchange rate converted | -35.7% |
| 2020 | 15 Euros, exchange rate converted | -266.7% |
| 2021 | 18 Euros, exchange rate converted | +20.0% |
| 2022 | 35 Euros, exchange rate converted | +94.4% |
| 2023 | 42 Euros, exchange rate converted | +20.0% |
| 2024 | 34 Euros, exchange rate converted | -19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -8.11 Euros, exchange rate converted | -18 Euros, exchange rate converted | 1 Euros, exchange rate converted | 9 |
| 2020s | 28.8 Euros, exchange rate converted | 15 Euros, exchange rate converted | 42 Euros, exchange rate converted | 5 |
Countries ranked near Latvia
- 3 Portugal 4,079 Euros, exchange rate converted compare
- 3 Slovenia 80.3 Euros, exchange rate converted compare
- 4 Estonia 59.2 Euros, exchange rate converted compare
- 4 Greece 2,871 Euros, exchange rate converted compare
- 5 Japan 2,363 Euros, exchange rate converted compare
- 5 Lithuania 52.4 Euros, exchange rate converted compare
- 6 Iceland 863.1 Euros, exchange rate converted compare
- 7 Chile 487.1 Euros, exchange rate converted compare
- 7 Netherlands -629.2 Euros, exchange rate converted compare
- 8 Czechia 321.9 Euros, exchange rate converted compare
- 9 Romania 284.4 Euros, exchange rate converted compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is international trade in services — travel in Latvia?
- International trade in services — travel in Latvia was 34 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services — travel recorded in Latvia?
- The highest recorded value was 42 Euros, exchange rate converted in 2023.
- What is the lowest international trade in services — travel recorded in Latvia?
- The lowest recorded value was -18 Euros, exchange rate converted in 2017.
- How does Latvia rank for international trade in services — travel?
- Latvia ranks 6th out of 7 countries with data for 2024.
- Is international trade in services — travel rising or falling in Latvia?
- Over the last ten years it is up 3,300.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services — Travel. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd