Türkiye’s tourism revenues hit $54.3 billion last year

Türkiye's tourism revenues increased by 16.9 percent last year compared to 2022 to $54.3 billion, while foreign tourist arrivals rose more than 10 percent to 49.2 million, separate official data showed on Jan. 31.

Tourism revenues remained below the target of $55.6 billion, Treasury and Finance Minister Mehmet Şimşek commented.

"In line with the forecasts in the medium-term program, we expect the number of visitors to increase to 59.4 million and tourism revenue to $59.6 billion this year, as the tourism industry's strong performance continues in 2024," Şimşek wrote on X.

While individual expenditures constituted $41 billion of the total tourism income, another $13.25 billion came from package tour expenditures, the Turkish Statistical Institute (TÜİK) said.

The average per capita expenditure of visiting tourists was $952 in 2023, up from $905 in the previous year. The average expenditure per night rose nearly 12 percent from 2022 to $99.

Tourists' food expenditure increased by 33.2 percent compared to 2022, while the increase in accommodation expenditure was 27 percent.

International transport costs were up 22.2 percent, according to the TÜİK data. Transport expenditure inside Türkiye rose by 11.9 percent.

Some 5 percent of tourists visited Türkiye for shopping, according to the data. Visitors spent $6.45 billion on clothing and shows and another $1.49 billion on souvenirs.

In the final quarter of 2023, tourism revenues were up 6.8 percent from a year ago to amount to $12.7 billion.

Türkiye's tourism expenditure, on the other hand, leaped 65.3 percent last year from 2022 to $7.1 billion, TÜİK also said, noting that per capita average spending rose 8.5 percent to $639.

49 million foreign...