Data
21 August 2024
Tourism’s contribution to Latvia’s economy
Data
21 August 2024
Adventure tourism
Coastal, maritime and inland water tourism
Cultural tourism
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10
The tourism industry in Latvia experienced significant growth in 2018 but faced a severe decline in 2021 due to the pandemic.
Official Statistics Portal of Latvia
Topics
Latvia
Academic / Research and VET Institutions
Company with 250 or more employees
Consumer Organisations
Cultural and Heritage Organisations
Destination Management & Marketing Organisations
EU institutions
Financial Institutions and Investors
Industry Associations and Chambers of Commerce
International Organisations
Local authorities
Media / Journalist Organisations
National authorities
Networks and Federations / Confederations
NGOs / Non-profits
Regional authorities
SMEs (a company with less than 250 employees)
Trade Unions
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Specific types of tourism
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Adventure tourism
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Coastal, maritime and inland water tourism
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Cultural tourism
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Ecotourism
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Education tourism
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Festival tourism
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Gastronomy tourism
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Health and medical tourism
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MICE tourism
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Mountain tourism
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Religious tourism
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Rural tourism
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Sports tourism
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Urban/city tourism
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Wellness tourism
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Transition Pathway Strategic Areas
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Coordinated information on travelling
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Improving statistics and indicators
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Innovative tourism services
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Business activities
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Activities of amusement parks and theme parks
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Activities of associations and other organisations supporting tourism
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Air passenger transport
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Camping grounds, recreational vehicle parks and trailer parks
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Events catering and other food services
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Festivals, cultural and entertainment activities
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Gardens and nature reserves activities
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Holiday Housing / Apartments and other short stay accommodation
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Hotel and similar accommodation
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Mobile beverage services
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Mobile food services
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Museums
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Operation of historical sites
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Other
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Other accommodation
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Other amusement and recreation activities
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Other food and beverage services
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Other holiday reservation services
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Other tourism transportation activities
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Rail Passenger transport
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Recreational and sport activities
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Restaurants, cafes and bars (Food and Beverage serving activities)
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Road passenger transport
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Tour operator activities
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Travel agency activities
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Water (sea, coastal and inland) passenger transport
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Share
In 2018, Latvia’s tourism industry reached its highest economic significance since 2004, contributing 4.9% to the total gross value added. Other indicators showed tourism’s contribution to the economy ranging from 5.0% to 10.3% in terms of tourism characteristic industries’ share in total gross value added, and from 5.3% to 8.1% in terms of their share in total output. However, in 2021, due to the pandemic and market restrictions, these values dropped significantly, with tourism’s share in total gross value added falling to 2.6%, which is 2.3% less than in 2019. Overall, the pandemic had a severe impact on the country’s economy. More detailed data is available in the Central Statistical Office of Latvia’s public database, which can be accessed free of charge and customized to meet individual needs.
#Tourism indicators
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