Saudi Arabia Tourism Sector Flourishes: Foreign Visitor Spending Surpasses $36 Billion
Saudi Arabia tourism had a big win in last year. Data from the Saudi Central Bank shows that foreign visitors spent a record-breaking SAR135 billion ($36 billion). This is the most money spent by tourists in Saudi history, up by 42.8 percent from 2022.
This huge increase in spending shows how Saudi Arabia is working hard to improve its tourism industry. In 2023, the country became a top player in global tourism. It led the United Nations list for the growth of international tourists compared to 2019. With a whopping 56 percent increase in tourist arrivals, Saudi Arabia proved it’s becoming a favorite destination for travelers.