Thursday, July 1, 2010

How much money does the United States make from tourism annually?

How much money does the United States make from tourism annually?
How many billions of dollars does the U.S. make from the tourism industry? I read that Switzerland makes 1.5 billion and wondered how America compared, but couldn't find a statistic anywhere.
Economics - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
USA makes about $75billion + a year. Domestic tourism is separate. Some information that may help: Figures are to be read as foloows. Sr. No., Country Name, Income from foreign tourists in 2002, 2003 and 2004 Rank (2004) Nation Billions of USD (2002) Billions of USD (2003) Change (2003/2002) Billions of USD (2004) Change (2004/2003) 1 United States 66.7 64.5 -3.3% 74.5 15.5% 2 Spain 33.8 41.8 23.6% 45.2 8.1% 3 France 32.7 37.0 13.1% 40.8 10.3% 4 Italy 26.9 31.2 16.2% 35.7 14.4% 5 Germany 19.0 23.0 21.2% 27.7 20.4% 6 United Kingdom 20.5 22.8 10.7% 27.3 19.7% 7 China 20.4 17.4 -14.6% 25.7 47.7% 8 Turkey 11.9 13.2 10.9% 15.9 20.5% 9 Austria 11.2 14.1 25.2% 15.4 9.2% 10 Australia 10.3 12 11.7% 13.0 16.1%
2 :
To: bds'n Very good answer. Though the amount spent by foreign tourists in the US is higher than any other country, it could be a lot higher which would help with our balance of payments problems and increase the value of the dollar. Most of the international tourists coming to the US are from Canada and Mexico. Customs and immigration does not make it easy for nationals of many countries to visit the US especially since 9/11.