The global international tourism receipts vary significantly by country, with Italy leading at $51.97 billion and Serbia at the lower end with $2.25 billion. In 2023, year-on-year, the highest growth was observed in Iceland (+6.66%) and the greatest decline in Chile (-0.89%). Moderate to high growth rates were seen in the Philippines (+3.44%), Colombia (+2.96%), and Serbia (+2.95%). South Africa experienced a decline of 1.49%. Other notable figures from 2023 include Canada (+2.52%), Portugal (+2.13%), and Croatia (+2.08%). Over the last five years, the Compound Annual Growth Rate (CAGR) highlights the average annual performance, which is essential for understanding long-term trends.
Looking ahead, it will be crucial to monitor the impact of global economic conditions, travel restrictions related to health issues, and geopolitical tensions. Additionally, evolving consumer preferences towards sustainable and experiential travel will likely influence the distribution of tourism receipts across these countries.
Top countries in International Receipts for Tourism by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 51,970 | 2023 | +0.83% | +0.077% | View data |
| 2 | 2 Canada | 34,480 | 2023 | +2.28% | +2.52% | View data |
| 3 | 3 Portugal | 26,850 | 2023 | +2.74% | +2.13% | View data |
| 4 | 4 Croatia | 12,670 | 2023 | +1.83% | +2.08% | View data |
| 5 | 5 Philippines | 11,520 | 2023 | +3.78% | +3.44% | View data |
| 6 | 6 Hungary | 10,250 | 2023 | +2% | +1.24% | View data |
| 7 | 7 South Africa | 9,080 | 2023 | -0.45% | -1.49% | View data |
| 8 | 8 Colombia | 7,660 | 2023 | +2.97% | +2.96% | View data |
| 9 | 9 Costa Rica | 4,410 | 2023 | +2.03% | +2.7% | View data |
| 10 | 10 Iceland | 4,330 | 2023 | +3.35% | +6.66% | View data |
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