Statistics: Increase in Estonians visiting Latvia in June ({{contentCtrl.commentsTotal}})

Riga.
Riga. Source: ERR

Estonian bank data about transactions made abroad shows there has been an increase in the number of Estonians visiting Latvia this summer compared to last year.

Tõnu Ots, Swedbank's head of card transactions, told ERR when comparing statistics for June in 2019 and 2020, the number of transactions made in Finland and Lithuania are almost the same. The figures only differ by 1 or 2 percent. However, the figures for Latvia have changed by 6 to 7 percent.

Compared to April - which was during the emergency situation when movement restrictions were in place - the number of Swedbank card transactions made in Latvia in June have increased by four times the amount. 

Coop bank card transactions in Latvia were about 300 percent higher in June - a month after the emergency situation ended in Estonia - than in April.

Ots said these numbers are to be expected as more people travel abroad in the summer than at any other point during the year.

In Finland, the number of card transactions has remained the most stable of the three countries between April and June. Ots puts this down the large Estonian community and said many people probably decided to stay in Finland, using their Estonian bank card, during the emergency situation.

"I think that the growth numbers in Finland are actually more modest in June. Probably the July numbers are already more positive again," Ots said.

In June, Swedbank and Coop bank card transactions in Finland were only 13 percent higher than in April.

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Editor: Helen Wright

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