Key Market Indicators
Israel's tourism sector is on a steady upward trajectory. Tourism receipts are projected to soar to approximately $15.4 billion by 2028, up from $12.3 billion in 2023, marking an average annual growth rate of 3.5%. This continues a trend observed since 2000, during which the market has expanded at an average rate of 4.3% per year. Tourist arrivals are also expected to see a significant increase. The number of visitors to Israel is forecasted to reach around 6.2 million by 2028, up from 5.4 million in 2023, reflecting an average annual growth rate of 2.2%. Since the turn of the millennium, the demand for travel to Israel has grown by an average of 4.2% each year.
