The international tourism receipts in Mexico showed a steady growth from 2013 through 2019, with year-on-year variations averaging about 8-10%. The pandemic in 2020 caused a dramatic decline of around 55.7%, but receipts rebounded sharply by 73.73% in 2021, followed by consistent growth through 2023. By 2023, tourism receipts stood at 31.112 billion USD, showing a year-on-year increase of 19.3%. The Compound Annual Growth Rate (CAGR) for the past five years is estimated at 5.5%, reflecting a strong recovery post-pandemic.

Future trends to watch for:

Sustained growth in international tourism receipts, forecasted at a CAGR of 3.84% over the next five years, culminating in 39.662 billion USD by 2028.
Continued investment in tourism infrastructure and marketing may drive further increases in tourism volumes and receipts.
Potential risks include global economic fluctuations and geopolitical issues which may impact international travel and consumer spending.