The forecast for international spending on tourism in Japan shows a declining trend from 2024 to 2028, decreasing from 25.9 billion USD in 2024 to 24.2 billion USD in 2028. This downward trend marks a year-on-year reduction, with a notable overall decrease over the five-year period.
Year-on-year percentage variations are:
- 2025: -1.70%
- 2026: -1.69%
- 2027: -1.68%
- 2028: -1.67%
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 stands at -1.69%, indicating a consistent, albeit small, annual decline in international tourism spending.
Future trends to watch for include potential rebounds due to global economic recovery, shifts in travel behavior due to environmental concerns, and Japan’s tourism policies aimed at attracting international visitors. Additionally, major events, potential geopolitical changes, and fluctuations in global economic conditions may significantly impact the trend.
