Saudi Arabian tourist spending reached 26.7 billion US dollars in the first nine months of 2023

2024/1/2
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Further exploration of this figure reveals:

  • The annual growth rate of tourist spending is 72%.

  • The tourism industry's balance of payments shows a net income of 10.1 billion US dollars.

  • The tourism industry has fully recovered since the pandemic, exceeding its pre-pandemic volume by 150%.

  • According to the United Nations World Tourism Organization, Saudi Arabia is the fastest-growing country in the tourism industry among the G20 nations and is the second-largest in global growth rate.
 
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