Latvia - Production Value of Travel Agency and Tour Operator Services
Since 2014, Latvia Production Value of Travel Agency and Tour Operator Services increased 3.2% year on year. In 2019, the country was number 32 comparing other countries in Production Value of Travel Agency and Tour Operator Services with €50.5 Million. Latvia is overtaken by Luxembourg, which was ranked number 31 with €73.5 Million and is followed by Bosnia and Herzegovina at €45.8 Million. United Kingdom lead the ranking with €49,300.5 Million in 2019, an increase of 1.9% versus 2018. Switzerland, Germany and Italy respectively ranked number 2, 3 and 4 in this ranking. Denmark witnessed the best average annual growth at +27% per year, while Norway recorded the worst performance at -2.9% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 50.50 |
| 2018 | 54.40 |
| 2017 | 45.00 |
| 2016 | 38.00 |
| 2015 | 41.20 |
How does Latvia rank in Production Value of Travel Agency and Tour Operator Services?
| # | 33 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
49,300.50 | 2019 | +1.9 % | -0.5 % | View data | |
| 2 |
#2
Switzerland
|
12,270.40 | 2019 | +1.1 % | +17.3 % | View data | |
| 31 |
#31
Luxembourg
|
73.50 | 2019 | -2.0 % | -0.8 % | View data | |
| 32 |
#32
Latvia
|
50.50 | 2019 | -7.2 % | +3.2 % | View data | |
| 33 |
#33
Bosnia and Herzegovina
|
45.80 | 2019 | -3.2 % | +10.2 % | View data | |