The data from 2023 for global international air passenger transport expenditure reveals the following: France leads at $8.74 billion despite a slight decline, while Canada, Italy, and Japan show modest growth varying by fractions. Germany and Mexico face a reduction, whereas India and the Netherlands experience notable gains. Remarkable growth is seen in Romania and Iceland, while Luxembourg displays a significant downturn. The five-year CAGR highlights increasing investments particularly from India and the Netherlands.
Future trends indicate a probable increase in demand across emerging markets like India and Brazil. Countries focusing on tourism and international business expansion may see heightened air travel expenditures. Economic factors and geopolitical stability will highly influence these dynamics.
Top countries in International Air Passenger Transport Expenditure by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 8,740 | 2023 | +15.5% | -0.24% | View data |
| 2 | 2 Canada | 7,680 | 2023 | +18.29% | +0.46% | View data |
| 3 | 3 Italy | 7,610 | 2023 | +17.52% | +0.24% | View data |
| 4 | 4 Japan | 7,360 | 2023 | +17.01% | -1.62% | View data |
| 5 | 5 Germany | 6,580 | 2023 | -3.99% | -4.92% | View data |
| 6 | 6 India | 5,770 | 2023 | +16.91% | +7.15% | View data |
| 7 | 7 Russia | 4,570 | 2023 | +1.59% | +1.18% | View data |
| 8 | 8 Netherlands | 4,100 | 2023 | +26.28% | +4.32% | View data |
| 9 | 9 Brazil | 4,070 | 2023 | +18.13% | +0.75% | View data |
| 10 | 10 South Korea | 3,150 | 2023 | +21.91% | +2.31% | View data |
