Latvia - Tourism Gross Value Added
Since 2014, Latvia Tourism Gross Value Added jumped by 1.1points year on year. In 2019, the country was number 7 comparing other countries in Tourism Gross Value Added at 4.54 Percent of Gross Value Added. Latvia is overtaken by Costa Rica, which was number 6 at 4.91 Percent of Gross Value Added and is followed by Netherlands at 4.47 Percent of Gross Value Added. Mexico lead the ranking with 8.78 Percent of Gross Value Added in 2019, that is an increase of 0.3points compared to 2018. Portugal, Hungary and Greece respectively ranked number 2, 3 and 4 in this ranking. Kazakhstan witnessed the best average annual growth at +7.4points per year, while United Kingdom witnessed the worst performance at -1.4points per year.
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| Date | Percent of Gross Value Added |
|---|---|
| 2019 | 4.54 |
| 2018 | 4.50 |
| 2017 | 4.46 |
| 2016 | 4.49 |
| 2015 | 4.18 |
How does Latvia rank in Tourism Gross Value Added?
| # | 24 Countries | Percent of Gross Value Added | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Mexico
|
8.78 % | 2019 | +0.3 % | +0.7 % | View data | |
| 2 |
#2
Portugal
|
7.98 % | 2019 | -0.2 % | +4.3 % | View data | |
| 6 |
#6
Costa Rica
|
4.91 % | 2019 | +0.9 % | +1.9 % | View data | |
| 7 |
#7
Latvia
|
4.54 % | 2019 | +0.9 % | +1.1 % | View data | |
| 8 |
#8
Netherlands
|
4.47 % | 2019 | +1.7 % | +3.9 % | View data | |