These Are the Countries That Spend the Most Abroad
Whether you travel to cool places for “likes” or for personal enrichment, chances are you’re already planning your next vacation. In fact, according to several surveys, many millennials are not buying homes because they would prefer to spend the money on travel and cultural experiences.
Advanced economies in Europe, the Americas, and Asia and the Pacific have been the world’s biggest tourism spenders for decades.
But new trends are developing, according to a report by the World Tourism Organization about international tourism shifts in 2017, the latest year for which official data is available. Last year marked the highest growth in international tourism since 2010. Total international tourist arrivals were up 7%, and the amount of money spent by inbound tourists was up by 5%.
Even though Europe is still the biggest spender on tourism, emerging economies have been catching up over the last few years. One out of four trips now originates in Asia and the Pacific.
The following list of the 10 countries that spend the most abroad is based on the most recently available tourism report by the World Tourism Organization, a specialized agency of the United Nations.