Tourism Generates $5 Billion Per Year Amid Continued Growth

Image: The silhouette of a passenger plane flying in sunset. (Photo via manop1984 / iStock / Getty Images Plus)
Image: The silhouette of a passenger plane flying in sunset. (Photo via manop1984 / iStock / Getty Images Plus)
Mia Taylor
by Mia Taylor
Last updated: 3:07 PM ET, Thu August 29, 2019

International tourist arrivals grew five percent in 2018, reaching the $1.4 billion mark two years ahead long-term forecasts.

The new data is part of the World Tourism Organization's International Tourism Highlights, 2019 Edition. The report also notes that export earnings generated by tourism grew to $1.7 trillion, an increase of four percent, outpacing the world economy in 2018.

Total export earnings from international tourism meanwhile grew by four percent in real terms in 2018, according to UNWTO.

"In addition to the $1.5 trillion in receipts that destinations earned, international tourism generated another $256 billion from international passenger transport taken by non-residents. This raised total tourism exports to $1.7 trillion, or $5 billion a day," according to a just-released statement from UNWTO.

This yearly report, designed to provide a consolidated analysis of international tourism, reveals that 2018 was the ninth consecutive year of sustained growth. Tourism now represents seven percent of global exports, growing at a faster rate than merchandise exports for the last seven years.

"This latest edition of our Highlights demonstrates the strength and potential of the tourism sector," said UNWTO Secretary-General Zurab Pololikashvili. "These results were driven by a favorable economic environment, a growing middle class in emerging economies, technological advances, new business models, increased air capacity, affordable travel costs, and visa facilitation."

Additional key findings from the UNWTO International Tourism Highlights 2019 report include:

-Asia and the Pacific and Africa led growth in arrivals with a seven percent increase in 2018, while Asia and the Pacific and Europe enjoyed above-average growth in tourism earnings.

-Among the world's top 10 destinations in arrivals and receipts, France continued to lead in international tourist arrivals, while the United States remained the largest tourism earner in 2018. Japan entered the top 10 earners ranking following seven years of double-digit growth in international tourism receipts.

-The top 10 tourism earners account for almost half of total tourism receipts, while the top 10 destinations in arrivals receive 40 percent of worldwide arrivals.

-China remained the world's largest spender, with $277 billion spending on international tourism in 2018 or one-fifth of international tourism expenditure, followed by the United States.

-Four out of five tourists visit a destination in their own region.

-58 percent of all international tourists arrive at their destinations by air. The share of air travel has increased from 46 percent in 2000 to 58 percent in 2018.

-The share of leisure travel has grown from 50 percent in 2000 to 56 percent in 2018. Leisure travel is the main purpose of visit in all world regions except the Middle East, where visiting friends and relatives (VFR), or for health or religious purposes predominates.

-The share of world population requiring a traditional visa declined from 75 percent in 1980 to 53 percent in 2018


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Mia Taylor

Mia Taylor

Senior Editor

Mia Taylor is an award-winning journalist who has two decades of experience. Most recently she worked as a staff writer for America's largest digital publisher DotdashMeredith, where she contributed stories on a daily basis to four of the company's most iconic brands - Parents,Real Simple, Better Homes & Gardens, and Health. Her work has also appeared in Travel + Leisure, The Boston Globe, The San Diego UnionTribune, Westways Magazine, Fortune, and more.

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