Turkey’s tourism revenue hits $9.4 billion in Q1

Tourism revenues for 2024 amounted to 21.7 billion euros, an increase of 5.4%, with visitors drawn to attractions such as this beach on Karpathos. Further growth is expected this year, barring any major geopolitical developments that would impact travel to Greece. The direct contribution of tourism to the economy came to €30.2 billion in 2024, amounting to 13% of GDP, while the indirect total contribution to the economy was significantly higher. About 84.4% of tourism receipts come from inbound tourism, which covers 71.5% of the deficit in the balance of goods, according to Greek Tourism Confederation (SETE) president Yiannis Paraschis.

Turkey generated $9.4 billion from international tourism between January and March, marking a 6% increase compared to the same period last year.

With the 2025 tourism season in full swing, travelers from around the world are flocking to the country’s rich tapestry of ancient cities, sacred monuments, and UNESCO-listed treasures – fueling a surge in cultural tourism that experts say could drive record-breaking visitor numbers this summer. (Xinhua)