International Tourism in Mexico Sees 6.9% Growth in First Quarter

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MÉXICO » News » May 2024 » International Tourism in Mexico Sees 6.9% Growth in First Quarter

Published by EDITOR | El Minnesota de Hoy on May 13, 2024

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The Ministry of Tourism (Sectur) of the Mexican government announced a 6.9% increase in the number of international tourists visiting Mexico during the first quarter of the year. This rise brought the total to 11.22 million visitors, highlighting the ongoing recovery and growth of Mexico’s tourism sector.

Accompanying this increase in visitor numbers was a significant rise in foreign currency income, which grew by 9.5% year-on-year, reaching $9,172 million. This growth underscores the economic importance of the tourism industry for Mexico.

Data from the ‘International Traveler Survey’ by the National Institute of Statistics and Geography (Inegi) revealed that the average expenditure per tourist rose by 2.4% to $817.3. This increase in spending per visitor is a positive indicator for the tourism economy.

Tourism numbers also surpassed pre-pandemic levels, with the first quarter figures being 1.3% higher than those recorded in the same period of 2019. Economic income from tourism was significantly higher as well, marking a 41.7% increase compared to the first quarter of 2019.

The first three months of the year saw a 7.8% rise in tourists arriving by air, totaling over 6.84 million visitors. These air travelers contributed $8,539 million to the economy, representing a 10.6% increase from the previous year.

Tourists arriving by air also spent more on average, with an expenditure of $1,247.1, which is 2.6% higher than the previous year. This higher spending rate among air travelers further boosts the economic impact of international tourism.

The overall balance of international visitors for January to March 2024 showed a 5.9% increase in foreign exchange income, totaling $7,591.9 million. This continued growth highlights the resilience and attractiveness of Mexico as a tourist destination.

In 2023, Mexico welcomed 42.15 million international tourists, marking a 10% increase from 2022. The foreign exchange income from these visitors was $28,682.6 million, nearly 9% higher than the previous year. Mexico’s position as the sixth most visited country in the world in 2022 can be partly attributed to its flexible health measures during the COVID-19 pandemic, which helped sustain tourist inflow.

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