Turkey Tourism Revenues Ease from Record High

Tourism revenues in Turkey rose 6.8 percent year-on-year to USD 12.27 billion in the fourth quarter of 2023, of which 84.8 percent came from foreign visitors while 15.2 percent came from Turkish citizens residing abroad.

Moreover, the number of visitors recorded a 4.1 percent growth, totaling USD 12.47 million, with the average per capita spending rising by 2.5 percent to reach USD 984.

Expenditure on sports, education & cultural activities surged by 49.4 percent, accommodation expenses saw an increase of 14.3 percent, and food & beverages expenditures rose by 12.9 percent.

For the whole 2023, tourism revenues expanded by 16.9 percent to reach USD 54.32 million.