Key Market Indicators
Latvia's recreational activities revenue is projected to reach approximately €320 million by 2028, up from around €270 million in 2023. This marks an annual growth rate of 2.6%, according to recent market data. Since 2000, the Latvian market has experienced an average annual increase of 2.1%. In 2023, Latvia ranked 30th globally, with Iceland surpassing it by registering the same revenue of €270 million. Leading the rankings, France, the United Kingdom, and Spain held the second, third, and fourth positions respectively in the recreational activities market.
