Inbound tourism expenditure over current account credits in Egypt 2008-2021

Published by
Saifaddin Galal,
Apr 18, 2024
As of 2021, inbound tourism expenditures in Egypt was equal to 10.4 percent of current account credits. This represented an increase compared to 6.9 percent in 2020. Moreover, tourism spending as a share of current account credits was lowest in 2016.

Inbound tourism expenditure as share of current account credits in Egypt from 2008 to 2021

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Sources

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Release date

October 2022

Region

Egypt

Survey time period

2008 to 2021

Supplementary notes

According to the source, the current account credits of the Balance of Payments refer to all inflow of goods, services, income and current transfers into an economy. The larger the share of tourism in this aggregate, the larger is the importance of tourism activity in generating foreign revenue inflows

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