Key tourism economic indicators — Tourism share of GVA in Latvia
Latvia: Key tourism economic indicators — Tourism share of GVA was 4.5 Percentage of gross value added in 2016. ▲ Rising
Key tourism economic indicators — Tourism share of GVA in Latvia, 2008–2016
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of gross value added.
Analysis
The most recent figure for key tourism economic indicators — tourism share of gva in Latvia is 4.5 Percentage of gross value added, measured in 2016. That is the highest value across all 9 years on record.
That represents a change of up 7.1% on the previous year and up 7.1% over ten years.
Over the whole period, key tourism economic indicators — tourism share of gva in Latvia peaked at 4.5 Percentage of gross value added in 2016 and was at its lowest, 3.1 Percentage of gross value added, in 2009.
That places Latvia 13th out of 38 countries with data for 2016, putting it in the middle of the range.
Key tourism economic indicators — Tourism share of GVA in Latvia, year by year
| Year | Percentage of gross value added | Change |
|---|---|---|
| 2008 | 4.2 Percentage of gross value added | — |
| 2009 | 3.1 Percentage of gross value added | -26.2% |
| 2010 | 3.1 Percentage of gross value added | +0.0% |
| 2011 | 3.4 Percentage of gross value added | +9.7% |
| 2012 | 4.4 Percentage of gross value added | +29.4% |
| 2013 | 4.2 Percentage of gross value added | -4.5% |
| 2014 | 4.3 Percentage of gross value added | +2.4% |
| 2015 | 4.2 Percentage of gross value added | -2.3% |
| 2016 | 4.5 Percentage of gross value added | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.65 Percentage of gross value added | 3.1 Percentage of gross value added | 4.2 Percentage of gross value added | 2 |
| 2010s | 4.01 Percentage of gross value added | 3.1 Percentage of gross value added | 4.5 Percentage of gross value added | 7 |
Countries ranked near Latvia
- 10 Estonia 4.8 Percentage of gross value added compare
- 11 Costa Rica 4.7 Percentage of gross value added compare
- 12 New Zealand 4.6 Percentage of gross value added compare
- 14 Netherlands 4 Percentage of gross value added compare
- 15 Russian Federation 3.9 Percentage of gross value added compare
- 16 Slovenia 3.8 Percentage of gross value added compare
More economy & growth data for Latvia
- Households and NPISHs Final consumption expenditure (current LCU) 4.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5099 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 13,417 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7513 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3809 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,022 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 11.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8052 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 21,187 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 6.37 % change on previous year (2025)
Frequently asked questions
- What is key tourism economic indicators — tourism share of gva in Latvia?
- Key tourism economic indicators — tourism share of gva in Latvia was 4.5 Percentage of gross value added in 2016, according to Organisation for Economic Co-operation and Development.
- What is the highest key tourism economic indicators — tourism share of gva recorded in Latvia?
- The highest recorded value was 4.5 Percentage of gross value added in 2016.
- What is the lowest key tourism economic indicators — tourism share of gva recorded in Latvia?
- The lowest recorded value was 3.1 Percentage of gross value added in 2009.
- How does Latvia rank for key tourism economic indicators — tourism share of gva?
- Latvia ranks 13th out of 38 countries with data for 2016.
- Is key tourism economic indicators — tourism share of gva rising or falling in Latvia?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Key tourism economic indicators — Tourism share of GVA (direct). Statizoid updates them automatically from the source API.
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About this data
Tourism GDP corresponds to the part of GDP generated by all industries in response to internal tourism consumption. A further distinction must be made between direct tourism GDP and indirect tourism GDP. Put simply, tourism direct GDP is generated by industries directly in contact with visitors, while indirect tourism GDP is generated by industries supplying inputs to industries directly in contact with the visitors. The Tourism Staellite Account (TSA) Framework limits its recommendations to the evaluation of direct tourism GDP.