Turkey's tourism revenues surged 22 percent from a year earlier to USD 14.03 billion in the third quarter of 2019, of which 82.1 percent of this income came from foreign visitors, while 17.9 percent was obtained from citizens resident abroad. The number of departing visitors increased 15 percent to 12.61 million, while the number of Turkish citizens visited abroad jumped 30.2 percent to 2.95 million. Tourism expenditure, which is the expenditure of the Turkish citizens resident in Turkey and visited abroad, increased 1.8 percent to USD 1.23 billion. Tourism Revenues in Turkey averaged 1297.18 USD Million from 1990 until 2019, reaching an all time high of 4947 USD Million in August of 2014 and a record low of 79 USD Million in February of 1990. source: Turkish Statistical Institute

Tourism Revenues in Turkey is expected to be 14600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourism Revenues in Turkey to stand at 8900.00 in 12 months time. In the long-term, the Turkey Tourism Revenues is projected to trend around 11100.00 USD Million in 2020, according to our econometric models.

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Turkey Tourism Revenues

Actual Previous Highest Lowest Dates Unit Frequency
4402.00 5244.00 5244.00 79.00 1990 - 2019 USD Million Monthly
Current Prices, NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 07:00 AM Q4 $6.54B $11.5B $5.1B
2019-04-30 07:00 AM Q1 $4.63B $6.54B $4.8B
2019-07-31 07:00 AM Q2 $7.97B $4.63B $8.2B
2019-10-31 07:00 AM Q3 $14B $7.97B $14.6B
2020-01-31 07:00 AM Q4 $14B $10.15B


News Stream
2019-07-31
Turkish Tourism Revenues Rise 13.2% in Q2
Turkey's tourism revenues jumped 13.2 percent from a year earlier to USD 7.97 billion in the second quarter of 2019, of which 87.8 percent of this income came from foreign visitors, while 12.2 percent was obtained from citizens resident abroad. The number of departing visitors increased 15.3 percent to 12.76 million, while the number of Turkish citizens visited abroad rose 11.4 percent to 2.44 million. Tourism expenditure, which is the expenditure of the Turkish citizens resident in Turkey and visited abroad, decreased 34.4 percent to USD 1.82 billion.

2019-04-30
Turkish Tourism Revenues Rise 4.6% in Q1
Turkey's tourism revenues jumped 4.6 percent from a year earlier to USD 4.63 billion in the first quarter of 2019, in which 80.3 percent of this income came from foreign visitors, while 19.7 percent was obtained from citizens resident abroad. The number of departing visitors increased 8.5 percent to 6.64 million, while the number of Turkish citizens visited abroad declined 2.5 percent to 2.02 million. Tourism expenditure, which is the expenditure of the Turkish citizens resident in Turkey and visited abroad, decreased 1.1 percent to USD 1.07 billion.

2019-01-31
Turkish Tourism Revenues Rise 7.1% in Q4
Tourism revenues in Turkey increased by 7.1 percent year-on-year to USD 6.5 billion in the fourth quarter of 2018, with 82.6 percent of this income coming from foreign visitors and 17.4 percent coming from citizens resident abroad. The number of visitors went up 17 percent from a year earlier to 9.652 million. On average, they spent USD 678 per capita.


Turkey Tourism Revenues
In Turkey, Tourism Revenues is defined as the total expenditure made in Turkey by foreigners and citizen visitors resident in abroad (excluding real estate expenditures, repair-maintenance expenses for residences, durables etc.). Tourism income includes the expenditure on food and beverages, accommodation, health, transportation in Turkey, sports, education, culture, international transportation with Turkish firms, mobile phone roaming expenditures, marina service expenditures, souvenirs etc.

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -2234.00 -1823.20 24.51 -10453.06 USD Million [+]
Current Account -518.00 1558.00 2626.00 -9407.00 USD Million [+]
Current Account to GDP -3.50 -5.60 1.90 -8.90 percent [+]
Imports 17736.75 17470.98 23245.30 15.00 USD Million [+]
Exports 15502.75 15647.78 15941.22 7.10 USD Million [+]
External Debt 433889.00 446860.00 466845.00 43911.00 USD Million [+]
Terms of Trade 104.56 103.64 147.63 93.96 points [+]
Capital Flows 2371.00 -1840.00 9186.00 -6811.00 USD Million [+]
Foreign Direct Investment 13200.00 10900.00 22046.00 1800.00 USD Million [+]
Remittances 13.00 17.00 574.00 11.00 USD Million [+]
Tourism Revenues 4402.00 5244.00 5244.00 79.00 USD Million [+]
Tourist Arrivals 2190622.00 4291574.00 6617380.00 213998.00 [+]
Gold Reserves 385.45 320.69 385.45 116.00 Tonnes [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Crude Oil Production 60.00 60.00 72.00 38.00 BBL/D/1K [+]