In 2023, Latvia led the global international sea passenger transport expenditure by country, despite a -1.36% decline. France saw a significant increase, up 143.54%, signaling growing tourism demand. India, with an 8.78% rise, demonstrated steady growth. Greece and Belgium also experienced increases of 35.37% and 40.91%, respectively. Costa Rica showed a notable rise of 31.95%, while Serbia marked the most considerable uptick at 37.97%. Conversely, Slovenia, Sweden, Italy, and South Korea witnessed declines, with South Korea dropping by -22.48%. Germany and Russia remained relatively stable, with minimal variations.
Looking ahead, potential growth in developing markets, technological advancements in sustainable sea transport, and shifting travel patterns could drive changes in international sea passenger expenditure. Monitoring economic conditions and geopolitical influences will be crucial for predicting future trends.
Top countries in International Sea Passenger Transport Expenditure by Country
| # | 10 Countries | Percent of Total International Tourism Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 3.38 | 2023 | +7.3% | -1.36% | View data |
| 2 | 2 France | 2.57 | 2023 | +14.22% | +143.54% | View data |
| 3 | 3 India | 2.27 | 2023 | +1.34% | +8.78% | View data |
| 4 | 4 Greece | 1.5 | 2023 | +4.9% | +35.37% | View data |
| 5 | 5 Belgium | 1 | 2023 | +17.65% | +40.91% | View data |
| 6 | 6 Costa Rica | 0.72 | 2023 | +20% | +31.95% | View data |
| 7 | 7 Slovenia | 0.49 | 2023 | +22.5% | -6.62% | View data |
| 8 | 8 Brazil | 0.33 | 2023 | +26.92% | +14.19% | View data |
| 9 | 9 Denmark | 0.23 | 2023 | 0% | +10.44% | View data |
| 10 | 10 Lithuania | 0.19 | 2023 | +5.56% | +11.55% | View data |
