In 2023, the United States led global tourism international expenditure with a notable value of 183.29 thousand euros, showing a healthy growth of 4.13% year-on-year. Russia's expenditure slightly decreased by 0.46%, reaching 44.76 thousand euros. Canada experienced a moderate increase of 3.42%, culminating in 42.41 thousand euros. Japan saw a decrease of 3.78%, amounting to 19.64 thousand euros, while New Zealand showed a 2.4% rise, totaling 5.56 thousand euros.
Over the past five years, the compound annual growth rate (CAGR) reflects varied growth across these nations.
Future trends to watch include increasing digitalization in tourism services, sustainability in travel, and the potential for geopolitical factors to influence travel patterns. Consumption patterns in emerging markets, driven by economic growth, may also redefine global expenditure distributions.
Top countries in Tourism International Expenditure by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 183,290 | 2023 | +2.9% | +4.13% | View data |
| 2 | 2 Russia | 44,760 | 2023 | -0.045% | -0.46% | View data |
| 3 | 3 Canada | 42,410 | 2023 | +19.5% | +3.42% | View data |
| 4 | 4 Japan | 19,640 | 2023 | +14.72% | -3.78% | View data |
| 5 | 5 New Zealand | 5,560 | 2023 | +2.4% | +2.4% | View data |
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