Impact of coronavirus (COVID-19) on tourist spending in Italy 2020, by region

In 2020, it is estimated that the tourism spending in Italy will decrease significantly due to the impact of coronavirus (COVID-19) on the country's tourist sector. According to the estimate, Veneto could record the highest drop, with a tourist expenditure's decrease of roughly 2.86 billion euros. Similarly, it is estimated that Lombardy will register a loss of about 2.45 billion euros. Overall, it is forecasted that the tourist expenditure in Italy will register a decrease of 18 billion euros in 2020. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Forecasted impact of coronavirus (COVID-19) on tourist spending in Italy in 2020, by region of destination

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Sources

Release date

March 2020

Region

Italy

Survey time period

March 30, 2020

Supplementary notes

The source specifies that the estimated decrease in international tourism expenditure was calculated by multiplying the average international tourism expenditure (as calculated by Banca d’Italia in its report on international tourism) by the number of international arrivals by region. The decrease in national tourism spending was calculated by multiplying the share of Italian individuals who claimed not to go on holidays in Easter, July and August 2020 (according to a survey conducted by the source) by the average daily tourism expenditure (excluding travel expenses) and the average length of stay of domestic trips (based on most recent data published by Istat).

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