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Egypt’s tourism revenues reached a record high of US$15bn in 2023, surpassing the previous records of USD 12.5bn in 2010 and USD 13bn in 2019, before the January Revolution and the COVID-19 pandemic, respectively
Egypt’s tourism revenues reached a record high of USD 15bn in 2023, surpassing the previous records of USD 12.5bn in 2010 and US$13bn in 2019, before the January Revolution and the COVID-19 pandemic, respectively. This was revealed by Said El Batouty, Professor of International Macroeconomics and Tourism Economics at Goethe University in Frankfurt, Germany, and Member of the Advisory Group of the European Commission, United Nations Economic Commission for Europe (UNECE), and the European Travel Commission (ETC), in an interview with Daily News Egypt.
He also said that Egypt welcomed a record number of 14.9 million international tourists in 2023, exceeding the peak year of 2010 (14.7 million) and the pre-pandemic year of 2019 (12.9 million).
El Batouty attributed this remarkable achievement to the effective measures taken by the Egyptian government to ensure the safety and health of tourists, as well as the promotion of the country’s rich cultural and natural heritage.
The latest UNWTO World Tourism Barometer provides a detailed analysis of the sector’s performance in 2023, tracking recovery by global region, sub-region, and destination. The Middle East was the only region to surpass pre-pandemic levels, with arrivals 22% higher than in 2019. Europe, the most visited region in the world, reached 94% of 2019 levels, boosted by intra-regional travel and visitors from the United States. Africa and the Americas recovered 96% and 90% of pre-pandemic visitors, respectively.
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Asia and the Pacific reached 65% of pre-pandemic levels, with a mixed performance across sub-regions. South Asia recovered 87% of 2019 levels, while North-East Asia reached only 55%.
