Internal tourism expenditure on sports and recreation services in South Africa has displayed considerable fluctuation over the past decade. From 2013 to 2017, values oscillated notably, with sharp year-on-year increases and declines. Starting in 2018, expenditures saw more stable growth trends, reaching 29.95 billion South African Rands in 2023. Recent data show a moderate year-on-year increase of 3.17% in 2023 and a CAGR of 7.39% over the last five years. Forecasts predict continued steady growth, averaging an annual increase of 2.34% with a total expected growth rate of 12.27% by 2028.
Future trends to watch for:
- Potential impacts of emerging sports and recreation activities.
- Economic conditions affecting domestic travel and discretionary spending.
- Policy changes or government initiatives promoting internal tourism.
- Innovations and investments in sports and recreational infrastructure.
- Post-pandemic recovery dynamics influencing travel behaviors.