Turkey's tourism revenues more than double

Turkey's tourism revenues more than double Turkey's tourism revenues doubled to almost $25 billion last year, and the country's trade deficit narrowed, according to data on Monday reflecting a recovery from the initial wave of COVID-19 pandemic measures in 2020, Report informs, citing Reuters.
Tourism
January 31, 2022 15:05
Turkey's tourism revenues more than double

Turkey's tourism revenues doubled to almost $25 billion last year, and the country's trade deficit narrowed, according to data on Monday reflecting a recovery from the initial wave of COVID-19 pandemic measures in 2020, Report informs, citing Reuters.

Last year as a whole tourism revenue climbed 103% to $24.482 billion, Turkish Statistical Institute (TUIK) data showed. In the fourth quarter, revenues rose 95% to $7.6 billion, only 3% below the level in October-December 2019 - the last quarter before the coronavirus began having an impact.

However, the revenues last year as a whole were still well off the $34.5 billion recorded in 2019.

The number of visitors, including Turkish nationals living abroad, jumped more than 88% to over 30 million in 2021, separate data by the Culture and Tourism Ministry showed on Monday.

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