E-commerce share of revenue in Latvia 2023, by industry
In 2023, e-commerce sales generated around 18 percent of the total revenue of Latvian businesses operating in the administrative and support services sector. Ranking second was the accommodation and food services sector, where online sales accounted for approximately 14 percent of the annual earnings. The revenue of the e-commerce industry in Latvia was forecast to reach 1.12 billion U.S. dollars in 2029.