Global Outbound Tourist Arrivals in Tourist Accommodation Establishments by Country

In 2023, Serbia led in global outbound tourist arrivals among the countries listed, with 1.8 million persons, showing a 3.57% increase year-over-year. Azerbaijan and Bosnia and Herzegovina followed, exhibiting 4.45% and 5.91% growth, respectively. Ukraine was the only country to experience a decline, with a 0.3% reduction. The Compound Annual Growth Rate (CAGR) over the past five years has averaged steady growth across these countries, although the geopolitical context may influence actual travel patterns, particularly in Ukraine.

Looking ahead, the trends suggest gradual recovery and increased outbound travel demand as economic stability improves and travel restrictions ease. Countries with rising middle-class populations and increased air connectivity are expected to drive further growth. Monitoring geopolitical developments and regional stability will be crucial in forecasting outbound travel patterns.