Forecast: Inbound Tourism Expenditure on Passenger Transport Services in Australia

The inbound tourism expenditure on passenger transport services in Australia is projected to decrease steadily from 2024 to 2028. In 2024, the expenditure is forecasted to be 3.52 billion Australian dollars, decreasing to 3.27 billion Australian dollars by 2028. This represents a year-on-year percentage variation of approximately -1.70% for 2025, -2.02% for 2026, -1.77% for 2027, and -1.80% for 2028. The compound annual growth rate (CAGR) over the five-year forecast period is estimated to be -1.79%.

Future trends to watch for include potential shifts in global travel patterns, economic conditions affecting disposable income, and advancements in transport technology. Additionally, the evolving dynamics of international relations and travel restrictions could further influence these expenditure patterns.