Key Market Indicators
Latvia's air transport traffic is projected to see a steady increase in the coming years. By 2028, the number of departures is expected to reach approximately 70,800, up from around 64,300 in 2023. This marks an average annual growth rate of 1.5%. Since 1997, the demand for air transport in Latvia has seen a significant rise, with an average yearly increase of 3.4%. In the global ranking for 2023, Latvia was positioned at number 55, with Belize narrowly surpassing it at the same number of departures. In the broader context, China, India, and Canada held the second, third, and fourth spots respectively in the worldwide rankings for air transport traffic.