Expenditures for travel items of Latvia sank by 59.76% from 748,000,000 US dollars in 2019 to 301,000,000 US dollars in 2020. Since the 6.87% jump in 2018, expenditures for travel items plummeted by 61.31% in 2020.
The description is composed by our digital data assistant.International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
The Tourism Data Brief provides an interactive snapshot used widely by industry professionals around the world to analyze international tourism flows, expenditures, economic impact, and more.
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