Forecast: Tourism Direct Employment in Mexico

The employment in Mexico's tourism sector has seen a declining trend in recent years. Observing the data from 2013 to 2023, the most notable drop occurred during 2020 with a 7.7% reduction attributed to the COVID-19 pandemic. From 2021 to 2023, the year-on-year decline averaged around 0.78%. Between 2018 and 2023, the average annual reduction (CAGR) was approximately -2.01%.

For future forecasts from 2024 to 2028, employment continues to decrease, albeit at a slower rate with a projected 5-year CAGR of -0.65% and a total decrease of 3.21%. This indicates sustained, albeit moderate, declines in the tourism workforce.

Future trends to watch for include:

• The impact of global economic conditions on tourism.
• Potential recovery scenarios post-pandemic.
• Domestic policy changes to stimulate tourism employment.
• Technological advancements influencing tourism-related jobs.