Forecast: Number of Tourists (Overnight Visitors) in Chile

The number of tourists (overnight visitors) in Chile showcases a notable upward trend from 2015 to 2023, with the volume standing at 60.52 million persons in 2023. The variation over the years highlights significant growth periods, such as the sharp increase of 108.17% in 2016 and gradual consistent rises in later years despite the dip in 2020 due to global disruptions. The year-on-year variations for 2022 and 2023 indicate a robust growth of 11.93% and 10.2%, respectively.

Looking at the annual compound growth rate (CAGR), the 5-year average stood at a modest 3.01% by 2023, reflecting sustainable growth despite fluctuations. Forecasted data from 2024 to 2028 predicts continued growth, with the number of tourists expected to reach 72.592 million by 2028, driven by an average annual increase of 2.88%, culminating in a cumulative 5-year growth of 15.26%.

Future trends to watch for include evolving traveler preferences towards eco-tourism, the potential impact of geopolitical stability on tourism, and the role of digital technologies in enhancing tourism experiences. Monitoring these factors will help forecast adjustments and identify new growth opportunities in the tourism sector.