International tourism expenditures for travel items in France saw significant flux from 2013 to 2023, beginning at $42.183 billion in 2013 and rising to $51.934 billion by 2023. The most notable drop occurred in 2020 with a -45.04% year-on-year change due to the global pandemic. A rebound was observed with a 39.04% increase in 2021, followed by steady positive growth through 2023, which showed a 12.18% year-on-year rise. The compound annual growth rate (CAGR) from 2018 to 2023 was 0.98%, indicating mild but positive growth over the five-year period.
Looking forward, expenditures are forecasted to continue their upward trajectory, reaching $57.05 billion by 2028. This forecasted period's five-year CAGR is expected to be around 1.49%, with an overall growth rate of 7.69%. Key trends to watch include potential shifts in travel behaviors, effects of economic conditions on international tourism, and any new public health concerns that could impact travel expenditures.
