Global leisure tourism spending grew by 21.2 percent in 2023 compared to the previous year. Despite the significant annual increase, the expenditure by leisure travelers worldwide remained below pre-pandemic levels, amounting to around 5.17 trillion U.S. dollars in 2023.
Leisure tourism vs. business travel
Leisure tourism mainly refers to vacations, visits to friends or relatives, and all journeys made for leisure purposes. On the other hand, business travel includes all trips taken for work-related reasons, such as attending meetings, congresses, and conferences. In 2023, the total travel and tourism expenditure worldwide, including leisure and business trips, exceeded six trillion U.S. dollars.
figures are in constant 2023 prices and exchange rates as of March 2024
Supplementary notes
Data for 2023 was calculated by Statista by combining figures on spending provided by the source for the following regions: North America, Europe, Caribbean, Central and South America, Africa, Middle East, North East Asia, South Asia, South East Asia, and Oceania. All regional figures can be found here.
Figures from 2019 to 2022 were calculated by Statista based on the percentage changes in global leisure travel spending as indicated by the source.
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Statista. (May 22, 2024). Leisure tourism spending worldwide from 2019 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1093335/leisure-travel-spending-worldwide/
Statista. "Leisure tourism spending worldwide from 2019 to 2023 (in billion U.S. dollars) ." Chart. May 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1093335/leisure-travel-spending-worldwide/
Statista. (2024). Leisure tourism spending worldwide from 2019 to 2023 (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1093335/leisure-travel-spending-worldwide/
Statista. "Leisure Tourism Spending Worldwide from 2019 to 2023 (in Billion U.S. Dollars) ." Statista, Statista Inc., 22 May 2024, https://www.statista.com/statistics/1093335/leisure-travel-spending-worldwide/
Statista, Leisure tourism spending worldwide from 2019 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1093335/leisure-travel-spending-worldwide/ (last visited November 21, 2024)
Leisure tourism spending worldwide from 2019 to 2023 (in billion U.S. dollars) [Graph], Statista, May 22, 2024. [Online]. Available: https://www.statista.com/statistics/1093335/leisure-travel-spending-worldwide/
