International tourism spending in Italy 2019-2034
In 2023, international tourism spending in Italy recovered from the impact of the COVID-19 pandemic, being roughly three percent higher than in 2019. Overall, the expenditure by inbound travelers in the country amounted to 51.4 billion euros in 2023. This figure was forecast to reach an estimated 56.7 billion euros in 2024.
From inbound to domestic tourist spending in Italy
The contribution of travel and tourism to the Italian GDP largely depends on domestic expenditure, which accounted for nearly 70 percent of total tourism spending in 2023. As the international expenditure exceeded pre-pandemic levels in 2023, domestic tourism spending in Italy followed the same trend, increasing by almost three billion euros from 2019.
What are the leading inbound and outbound tourism markets in Italy?
When breaking down the international tourism expenditure in Italy by country of origin, Germany, the United States, and the United Kingdom were the leading inbound tourism markets for the country in 2023. Overall, German travelers reported the highest figure, spending over eight billion euros in Italy. Meanwhile, Spain and the United States were the countries recording the highest expenditure by Italian outbound tourists that year.