Receipts fell by more than €90 million compared with 2019.
The Louvre, which closed for six months during French coronavirus lockdowns and currently remains closed, saw visitor numbers plunge to 2.7 million in 2020, from 9.6 million in 2019 and 10.2 million in 2018, which was a record year.
Visits by foreigners, notably from the United States, China, Japan and Brazil, who usually make up three quarters of total visits, all but dried up, especially during the usually busy summer months.
The museum managed to limit the damage with its blockbuster Leonardo da Vinci exhibition that attracted 1.1 million visitors and ended before the first French lockdown in the spring.
The Louvre also used the downtime to boost its digital offering, with the number of online subscribers growing by over a million from 2019 to 9.3 million, and the louvre.fr website registering 21 million hits.
It also found new ways to raise cash, including with the worldwide distribution of the documentary “A Night at the Louvre: Leonardo da Vinci”, destined for movie theatres, and “Bid for the Louvre”, which it said had raised 2.4 million euros through the auction of works by living artists and of “once-in-a-lifetime experiences”.
A livestreamed New Year concert by DJ and songwriter David Guetta, part of a fundraising drive, attracted 16 million views.