In 2023, international tourism receipts in Austria stood at 29.593 billion USD. The forecasted figures show a steady growth trend over the next five years, with values projected to be 30.782 billion USD in 2024, 31.965 billion USD in 2025, 33.136 billion USD in 2026, 34.295 billion USD in 2027, and 35.442 billion USD in 2028.
For the year-on-year variations:
- 2023 to 2024: 4.02%
- 2024 to 2025: 3.85%
- 2025 to 2026: 3.67%
- 2026 to 2027: 3.51%
- 2027 to 2028: 3.35%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is estimated to be 3.68%.
Future trends to watch for include the development of sustainable tourism practices, the impact of technological advancements on tourism experiences, and potential economic fluctuations which could influence international travel and spending behavior.
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