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Impact of the coronavirus on tourist spending in Italy 2020-2023, by scenario

A study from October 2020 analyzed the impact of the coronavirus (COVID-19) pandemic on the spending of international and domestic tourists in Italy from 2020 to 2023. It presented three alternative scenarios. The baseline scenario considered a complete stop of international travels to Italy from the beginning of March to the end of June 2020, followed by a slow recovery during the following months. In this case, the total tourist spending would experience a drop of 71 billion euros in 2020, compared to the previous year. Then, the international tourist spending will return to the level of 2019 only in 2022.

The upside scenario, based on the same time span of the baseline, but considering a faster recovery, forecast a decrease of 57 billion euros in 2020. Finally, the downside scenario, supposing a slower recovery, estimated a decrease of 94 billion euros in 2020. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Estimated impact of the coronavirus (COVID-19) on total tourist spending in Italy from 2020 to 2023, by scenario

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Sources

Release date

October 2020

Region

Italy

Survey time period

2020

Supplementary notes

Both international and domestic tourist spending. All data are compared to 2019 figures.

The source specifies that all the scenarios considered that it was not possible to take international travels from China since January 2020 as well as from Japan and South Korea since February 2020.

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