The Baltic countries lost up to 5% of GDP due to the lack of tourists from the Russian Federation
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- The Baltic countries lost up to 5% of GDP due to the lack of tourists from the Russian Federation
The lack of tourists from Russia has seriously affected the tourism industry of the Baltic states — Latvia, Lithuania and Estonia, as the economies of the states have lost from 3 to 5% of GDP due to lower incomes in this area. This is reported on December 2 Lenta.Ru .
The head of the Latvian Restaurant Association, Janis Ensis, noted that tourism in the Baltic States has suffered greatly due to the Ukrainian conflict.
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