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New record earnings for international tourism

2 min reading time

Published on 17/04/15 - Updated on 17/03/22

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International tourism revenues climbed 3.7% in 2014 over the previous financial period.

The WTO announced 1,245 billion US dollars in international tourism revenues for 2014. This amounts to a real increase of 3.7% compared to the previous year. Spending includes both the accommodations sector, F&B and leisure activities related to the travel sector. Tourism represents close to one tenth of the GDP worldwide. By cumulating revenues for international travel (estimated at 220 billion US dollars), the total of export for international tourism reaches 1,500 billion US dollars.

France falls from the podium of best revenues



In the ranking of international revenies, the United States (177 billion US  dollars) continues to lead the race, followed by Spain (65 billion US dollars). Third in 2013, France lost its position to China, which climbed two rungs in 2014 (+10% in revenues, 57 billion US dollars). It could take over Spain's position in 2015. In fifth an sixth place, we find Macao and Italy. The United Kingdom, meanwhile is improving, shifting from ninth to seventh position thanks to the increase in value of the pound sterling.

China, leading source of tourist spending



Chinese tourists are the biggest spenders worldwide. With 28% more purchases, the country has reached  165 billion US dollars. While the two other primary emerging markets top ten ranking, the Russian  Federation (-6%, in 5th place) and Brazil (+2%, in 10th place) lost their vigor, there is clear progress in developped countries. The number 2 in America saw the spending of its nationals increase by 7%. France, in sixth place, grew by 11%.
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