Turkey's tourism revenues slumped 50.4 percent from a year earlier to USD 3.914 billion in the fourth quarter of 2020, of which 74.9 percent was obtained from foreign visitors and 25.1 percent was obtained from citizens resident abroad. All expenditure types decreased compared to same quarter of the previous year. Package tour expenditure (share of Turkey) declined by 72.2 percent, tour services expenditure decreased by 68.4 percent and sports, education, culture expenditure decreased by 67.3 percent. Considering 2020 full year, tourism revenues plunged by 65.1 percent from a year earlier to USD 12.96 billion. source: Turkish Statistical Institute
Tourism Revenues in Turkey averaged 4010.31 USD Million from 1990 until 2020, reaching an all time high of 14031 USD Million in the third quarter of 2019 and a record low of 294 USD Million in the first quarter of 1990. This page provides - Turkey Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Tourism Revenues - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Tourism Revenues in Turkey is expected to be 3760.00 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 5200.00 in 12 months time. In the long-term, the Turkey Tourism Revenues is projected to trend around 5650.00 USD Million in 2022 and 6200.00 USD Million in 2023, according to our econometric models.