Forecast: International Tourism Receipts in Argentina

International tourism receipts in Argentina stood at $5.7922 billion in 2023. Over the past 11 years, the sector experienced fluctuations with notable drops in 2015, 2019, and a significant plunge in 2020 due to the COVID-19 pandemic. However, there was a strong recovery phase post-pandemic with a year-on-year increase of 117.93% in 2021, followed by a 33.29% rise in 2022, and a further 17.16% in 2023. The five-year CAGR preceding 2023 was -0.7%, reflecting the aggregate impact of earlier declines and recent growth.

Future trends to watch for include:

  • Gradual growth resumption with projections showing a CAGR of 0.59% through 2028.
  • Continued rebound from pandemic impacts.
  • Potential influence of economic and political stability on tourism inflows.
  • Emerging trends in travel preferences and the impact of digital advancements in tourism marketing.

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