The international tourism receipts in Egypt demonstrate significant fluctuations between 2013 and 2023. After major downturns in 2013 and 2016, tourism revenue rebounded in 2017 and reached a peak in 2019. The COVID-19 pandemic abruptly reduced receipts in 2020, but a strong recovery was observed in 2021 and 2022. As of 2023, the tourism receipts stood at 12.03 billion USD, showing an increase of 8.91% year-on-year, though the 5-year CAGR was slightly negative at -1.08%.
Looking ahead, the forecasted data from 2024 to 2028 suggest a gradual decline in tourism receipts, with a forecasted 5-year CAGR of -5.21% and an overall reduction of 23.48% by 2028. Future trends to watch include potential impacts of geopolitical stability, infrastructure development, and global economic conditions on Egypt's tourism industry.
