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Mexico: international tourism revenue 2016-2020

In 2020, the COVID-19 pandemic forced the global travel and tourism sector to a halt, affecting especially international tourism. That year, the revenue generated by this segment in Mexico amounted to roughly 11 billion Mexican pesos —more than 550 million U.S. dollars at the exchange rate of December 31st of that year. International tourism accounted for 15 percent of the total travel and tourism spending in the North American country in 2019.

Volume of international tourism in Mexico

As one of the trending travel destinations worldwide, Mexico has welcomed millions of international tourists every year. During the second half of the past decade, the country saw a boost in the number of foreign visitors in its territory, going up from approximately 35 million in 2016 to 45 million in 2019. However, this number shrank significantly due to global restrictions on travel and mobility imposed due to the coronavirus pandemic. In 2020, Mexico received just 54 percent of the number of inbound travelers recorded in the previous year.

Mexico’s competitiveness in the tourism sector

In 2019, Mexico was the most competitive country for travel and tourism in Latin America and among the top twenty countries worldwide. That same year, the natural resources of the country outperformed the other twelve pillars evaluated for Mexico's Travel and Tourism Competitiveness Index, achieving six out the seven possible points in the score system. The price competitiveness, the prioritization of tourism, and the aspects related to health and hygiene were altogether highly rated pillars for the North American country.

International tourism revenue in Mexico from 2016 to 2020

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Sources

Release date

March 2021

Region

Mexico

Survey time period

2016 to 2020

Supplementary notes

* Preliminary.
Figures were rounded.

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Statistics on "Travel and Tourism in Mexico"

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