Turkey's tourism revenues slipped 40.2% from a year earlier to USD 2.45 billion in the first quarter of 2021, of which 68.8% was obtained from foreign visitors and 31.2% was obtained from citizens resident abroad. It was the lowest figure for a first quarter period since 2010, as the ongoing pandemic crisis continued to hit the country's key sector. Apart from health expenditure, all expenditure types decreased compared to the same quarter of the previous year. The number of departing visitors decreased by 53.9% to 2.6 million. Tourism expenditure, which is the expenditure of the Turkish citizens resident in Turkey and visited abroad, fell 70.2%. source: Turkish Statistical Institute

Tourism Revenues in Turkey averaged 3996.97 USD Million from 1990 until 2021, reaching an all time high of 14031 USD Million in the third quarter of 2019 and a record low of 294 USD Million in the first quarter of 1990. This page provides - Turkey Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Tourism Revenues - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Tourism Revenues in Turkey is expected to be 4900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourism Revenues in Turkey to stand at 4250.00 in 12 months time. In the long-term, the Turkey Tourism Revenues is projected to trend around 5650.00 USD Million in 2022 and 6200.00 USD Million in 2023, according to our econometric models.

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Turkey Tourism Revenues

Actual Previous Highest Lowest Dates Unit Frequency
2452.00 3914.00 14031.00 294.00 1990 - 2021 USD Million Quarterly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-30 07:00 AM Q1 $4.1B $7.89B $2.5B
2020-10-30 07:00 AM Q3 $4.04B $4.1B $3.4B
2021-01-29 07:00 AM Q4 $3.91B $4.04B $3.6B
2021-04-30 07:00 AM Q1 $2.45B $3.91B $3.76B
2021-07-30 07:00 AM Q2 $2.45B $4.9B
2021-10-28 07:00 AM Q3 $5.1B


News Stream
Turkish Tourism Revenues Plummet 40.2% in Q1
Turkey's tourism revenues slipped 40.2% from a year earlier to USD 2.45 billion in the first quarter of 2021, of which 68.8% was obtained from foreign visitors and 31.2% was obtained from citizens resident abroad. It was the lowest figure for a first quarter period since 2010, as the ongoing pandemic crisis continued to hit the country's key sector. Apart from health expenditure, all expenditure types decreased compared to the same quarter of the previous year. The number of departing visitors decreased by 53.9% to 2.6 million. Tourism expenditure, which is the expenditure of the Turkish citizens resident in Turkey and visited abroad, fell 70.2%.
2021-04-30
Turkish Tourism Revenues Plunge 50.4% in Q4
Turkey's tourism revenues slumped 50.4 percent from a year earlier to USD 3.914 billion in the fourth quarter of 2020, of which 74.9 percent was obtained from foreign visitors and 25.1 percent was obtained from citizens resident abroad. All expenditure types decreased compared to same quarter of the previous year. Package tour expenditure (share of Turkey) declined by 72.2 percent, tour services expenditure decreased by 68.4 percent and sports, education, culture expenditure decreased by 67.3 percent. Considering 2020 full year, tourism revenues plunged by 65.1 percent from a year earlier to USD 12.96 billion.
2021-01-29
Turkish Tourism Revenues Slump in Q3
Turkey's tourism revenues tumbled 71.2 percent from a year earlier to USD 4.044 billion in the third quarter of 2020, of which 71.6 percent was obtained from foreign visitors and 28.4 percent was obtained from citizens resident abroad. All expenditure types decreased compared to same quarter of the previous year. Sports, education, culture expenditure decreased by 82.6 percent, tour services expenditure decreased by 78.8 percent and package tour expenditure (share of Turkey) decreased by 77.2 percent. The Turkstat did not publish data for the second quarter of the year, saying the survey could not be conducted at border gates due to the coronavirus pandemic.
2020-10-30

Turkey Tourism Revenues
In Turkey, Tourism Revenues is defined as the total expenditure made in Turkey by foreigners and citizen visitors resident in abroad (excluding real estate expenditures, repair-maintenance expenses for residences, durables etc.). Tourism income includes the expenditure on food and beverages, accommodation, health, transportation in Turkey, sports, education, culture, international transportation with Turkish firms, mobile phone roaming expenditures, marina service expenditures, souvenirs etc.