From 2013 to 2018, international tourism expenditures in Mexico exhibited a steady growth trend. However, there was a noticeable decline in 2019 and a significant drop in 2020, attributed to the COVID-19 pandemic. The recovery began in 2021, continuing through 2023, where it reached 13.453 Billion USD. From 2018 to 2023, the expenditures experienced a negative CAGR of -0.9%. The forecasted data from 2024 to 2028 indicates a more stable growth, with a 5-year CAGR expected at 2.02%, reaching 15.282 Billion USD by 2028.

Future trends to watch for include:

Potential impacts of global economic conditions.
Travel restrictions or changes in consumer behavior due to post-pandemic recovery.
Efforts to innovate and enhance tourism offerings in Mexico.
Competitive tourism destinations impacting Mexico's market share.