UAE Climbs to 6th in World for International Tourist Spending with $51.9bn Receipts

In terms of earnings from International Tourism the UAE has placed on the sixth rank across the world with Triptic $51. 9 billion recepts-UN Tourism May 2024 World Tourism Barometer. This placed the UA in a much better ranking of 13th from 25th place previously Thurston et al. , 2014. The larger spendings are recorded with the United States ($176 billion), Spain ($92 billion), United Kingdom ($74 billion), France ($69 billion) and Italy ($56 billion) as the top spending nations. Other preferred destinations are Türkiye, Australia, Canada, Japan, the Federal Republic of Germany, Saudi Arabia, Macao S. A. R (China), India and Mexico.

There have also been improvements in rankings for some countries from the pre-pandemic norms: The United Kingdom went from the 5th place to the third, whereas Turkey from the twelfth to the seventh place. This year, China again became the leading country for spending on international tourism having invested $196. 5 billion. Sweden ranks first when it comes to spending followed by South Korea, Japan, the United States, Germany, the UK, and France as the next consecutive biggest spenders.

Among countries, France was leading in 2023 with 100 million international visits, Secondly, Spain (85m), Thirdly, United States (66m), Fourthly, Italy (57m) and followed by Türkiye (55m). The World Tourism Barometer also reveals that comprehensive recovery of international tourists raised up to 89 percent in the year 2023 and the flying figure may attain the year 2019 figure in the year 2024 due to the existence of strong demand and convenient air transport link. International inbound tourism export earnings totaled $1. 695 trillion in 2023 globally, getting close to the gross of the previous year before the COVID-19 outbreak.