Internal Tourism Expenditure in Mexico has exhibited a steady increase over the past decade, reaching 3.55 trillion Mexican Pesos in 2023. The compounded annual growth rate (CAGR) over the last five years stands at 4.02%. The data shows resilience, with a strong recovery post-2020 after a significant dip due to the pandemic, marking a 26.74% increase in 2021 and 15.65% increase in 2022. The forecasted values suggest a continued upward trend, with a forecasted 5-year CAGR of 3.13% and an overall growth rate of 16.67% by 2028.

Future trends to watch for:

Enhanced focus on sustainable tourism practices.
Growing influence of digital transformation in tourism services.
Potential impact of economic and political factors on tourism expenditure.
Increasing domestic travels and government initiatives to boost internal tourism.