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Latvia Transportation Industry Outlook 2022 - 2026

See how Latvia Transportation performed compared to key markets such as Germany, France and Italy.

Key Market Indicators

Latvia's transportation revenue is expected to hit €2.5 billion by 2026, an increase of 1.4% year on year from 2021's €2.2 billion. Since 2000, Latvian market growth has averaged 2.4% year on year. In 2021, Latvia ranked 16th, with Luxembourg just ahead at €2.2 billion. France, Italy, and Spain came in 2nd, 3rd, and 4th, respectively. Latvia's transportation expenditure is set to reach €2.1 billion by 2026, up 1.4% year on year from 2021's €1.8 billion. Since 2000, Latvian demand has decreased by 0.3% year on year. In 2021, Latvia ranked 29th, with Croatia ahead of them with €1.8 billion. The United Kingdom, France, and Italy took the 2nd, 3rd, and 4th spots.

Latvia Transportation Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends