NEWS Tourism        31/10/2023

Turkey’s tourism revenue increases 13.1% to USD 20.2 billion in third quarter of 2023

According to figures provided by the Turkish Statistical Institute (TUİK - Turkstat), Turkey’s tourism revenue increased by 13.1% in the third quarter of 2023, with an increase of 6.8% in visitors to 22,428,234. Revenue in the third quarter of 2023 was USD 20,225 million compared with USD 17,875 million in the same quarter of the previous year. The average expenditure per visitor to Turkey increased 5.9% in this quarter from USD 851 in 2022 to USD 902 in 2023.

 

Of the 22,428,234 visitors leaving Turkey in the third quarter of 2023, 19,740,776 (88%) visitors were foreign and 2,687,458,147 (12%) visitors were Turkish citizens living abroad. The average expenditure per foreign visitor to Turkey was USD 872 compared to USD 1,242 for Turkish citizens living abroad.

 

With regards the first nine months of 2023, the number of visitors leaving Turkey was 44,605,295, an increase of 13.2% on the 39,390,915 visitors in the same period of the previous year. Revenue increased 20.1% to USD 42,000 million from USD 34,983 million in the same period of the previous year.


The number of Turkish citizens visiting abroad increased 43.7% to 2,978,418 in the third quarter of 2023 compared to the same quarter of the previous year. Their total expenditure abroad was USD 1,934 million, an increase of 74.8% on the figure for the same period of the previous year. Their average per capita expenditure increased to USD 649 in the third quarter of 2023 from USD 534 in the same quarter of the previous year.

 

With regards the total year of 2022, Turkey’s tourism revenue increased by 53.4% to USD 46,285 million, and the number of visitors increased by 75% to 51,369,026. The average expenditure per visitor to Turkey decreased from USD 1,028 in 2021 to USD 901 in 2022. Of the 51,369,026 visitors leaving Turkey in 2022, 44,341,522 (86.3%) visitors were foreign and 7,027,504 (13.7%) visitors were Turkish citizens living abroad. The average expenditure per foreign visitor to Turkey was USD 884 compared to USD 1,006 for Turkish citizens living abroad. The number of Turkish citizens visiting abroad in 2022 was 7,266,773, a 165.4% increase compared to the previous year. Their total expenditure abroad was USD 4,277 million, an increase of 130.9% on the previous year. Their average per capita expenditure was USD 589, compared with USD 676 for the previous year

 

Turkish tourism, which broke all records in 2019 and was preparing to attract even more tourists in the years to come, was unfortunately confronted from March 2020 with the coronavirus pandemic which had inhibited international travel. However, following the introduction of its vaccination programme, Turkey opened up to foreign tourists at the beginning of the 2021 Summer season. The number of foreign tourists visiting Turkey has indeed improved since June 2021, and has now reached 2019 levels. The average expenditure per visitor to Turkey has improved significantly and the revenue of USD 46,285 million for 2022 has surpassed the total year revenue figure of USD 38,930 million for 2019.

 



Turkey’s net minimum wage has been raised 49% to TL 17,002 (USD 577) as of 01.01.2024       Migration communication helpline 157 available for foreigners in Turkey       Read our homepage articles on developments in the Turkish economy       Turkey’s official annual inflation rate increases marginally to 64.86% in January 2024       Turkey’s official unemployment rate is 8.8% in December 2023       Read our BUSINESS section for latest sectoral and corporate news       Turkey’s population is 85,372,377 as of 2023 yearend       No. of foreigners visiting Turkey in 2023 increases 10.4% to 49.2 million       Turkey’s private sector foreign debt is USD 164.4 billion as of yearend 2023       Turkey’s economy grew 5.5% in 2022       FDI to Turkey is USD 10.6 billion in 2023       Turkey’s current account deficit is USD 45.2 billion in 2023