Global International Passenger Transport Expenditure by Country

The global international passenger transport expenditure of the United States, at $53.86 billion in 2024, remains vastly higher than other countries. France and Canada follow with significant spends of $9.77 billion and $7.93 billion, respectively. Italy, Japan, and India also show considerable expenditures. Notably, India exhibits a robust 6.03% year-on-year growth. Conversely, Japan and Mexico have experienced declines of -1.14% and -2.99%, respectively. Smaller economies like Romania and Iceland show remarkable year-on-year growth rates of 23.32% and 14.83%, pointing to emerging markets. Russia, Netherlands, and Israel also reflect positive trends with moderate to significant increases.

Future trends highlight the possibility of continued strong growth in emerging markets, driven by the increased economic activity and easing of international travel restrictions. Monitoring geopolitical developments and economic policies will be crucial in forecasting expenditures accurately. The economic stability of larger markets such as the United States and China will also play a pivotal role in shaping global expenditure trends.