In 2023, the direct contribution from tourism to Singapore's gross domestic product was *** percent. This was estimated to be at *** percent in 2024. The direct contribution from tourism to GDP reflects the total spending in Singapore on travel and tourism by residents and visitors for both leisure as well as business purposes.

While the tourism sector GDP share in Singapore was forecast to increase long-term between 2023 and 2028 by in total *** percentage points, it is estimated to decrease in the years 2026, 2027 and 2028. The share is estimated to amount to **** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Malaysia and Myanmar.

At the beginning of 2020, the tourism industry across the Asia Pacific region experienced the consequences of the unexpected outbreak of the novel coronavirus (COVID-19). Indonesia displayed a decrease of **** percent in terms of its tourist arrivals. The likes of China, Vietnam, and Thailand all demonstrated dramatic tourist arrival decreases.

Travel cancellations

The outbreak of COVID-19, a respiratory lung infection, originating in Wuhan, China, began to spread just before the Chinese New Year of 2020. Consequently, travel restrictions and increased infection cases hindered plans over the festive period. This in turn resulted in both domestic and international travel cancellations and subsequent losses to the tourism industry. As anxiety over the COVID-19 outbreak grew in 2020, citizens of the Asia Pacific region even stated that flights from China should be banned. Importance of Chinese tourism in Asia Pacific

China is renowned for its economic dominance within the Asia Pacific region. Its thriving economy has allowed for an increased level of affluence among its citizens. Wage increases have allowed Chinese people to travel more frequently, with many opting to travel within the Asia Pacific region. Through increased domestic tourism, many countries across Asia Pacific have come to rely on Chinese tourism to support their respective tourism industries. Interestingly, Chinese tourism alone made great contributions to many of the Asia Pacific GDPs in 2018. As the tourism industry represents a significant part of the GDPs in Hong Kong, Singapore, and Thailand, it is believed that these economies have suffered greatly due to the COVID-19 outbreak. Although there have been outbreaks of infection previously, which have disrupted the tourism industry in Asia Pacific, none have been quite as severe as the COVID-19 outbreak. This is likely due to the fact that previously Asia Pacific tourism industries were not as reliant on Chinese tourism as they have been in recent years.

Income inequality is an essential cause of violence, stagnant development, and political instability. This study will examine the positive and negative shocks in tourism development, and the distribution of the interaction between tourism development, economic growth, human capital, globalization, and income inequality will be discussed in Singapore, a developed and top-visited country. By adopting autoregressive distributed lag and non-linear autoregressive distributed lag approaches for panel data from 1978 to 2022, the results indicate an asymmetric cointegration among variables, and positive and negative changes in tourism development lead to decreased income inequality. More specifically, the asymmetric effect of tourism is found both in the short- and long-term, and positive shock has a greater impact than negative shock. At the same time, the findings also reveal that economic growth and globalization enhance, while human capital negatively affects income inequality in Singapore. These findings strengthen the belief of Singapore policy-makers and recommend several significant lessons for developing countries to promote tourism, sustainable development, and reduce income inequality.

BackgroundBorder control mitigates local infections but bears a heavy economic cost, especially for tourism-reliant countries. While studies have supported the efficacy of border control in suppressing cross-border transmission, the trade-off between costs from imported and secondary cases and from lost economic activities has not been studied. This case study of Singapore during the COVID-19 pandemic aims to understand the impacts of varying quarantine length and testing strategies on the economy and health system. Additionally, we explored the impact of permitting unvaccinated travelers to address emerging equity concerns. We assumed that community transmission is stable and vaccination rates are high enough that inbound travelers are not dissuaded from traveling.MethodsThe number of travelers was predicted considering that longer quarantine reduces willingness to travel. A micro-simulation model predicted the number of COVID-19 cases among travelers, the resultant secondary cases, and the probability of being symptomatic in each group. The incremental net monetary benefit (INB) of Singapore was quantified under each border-opening policy compared to pre-opening status, based on tourism receipts, cost/profit from testing and quarantine, and cost and health loss due to COVID-19 cases.ResultsCompared to polymerase chain reaction (PCR), rapid antigen test (ART) detects fewer imported cases but results in fewer secondary cases. Longer quarantine results in fewer cases but lower INB due to reduced tourism receipts. Assuming the proportion of unvaccinated travelers is small (8% locally and 24% globally), allowing unvaccinated travelers will accrue higher INB without exceeding the intensive care unit (ICU) capacity. The highest monthly INB from all travelers is $2,236.24 m, with 46.69 ICU cases per month, achieved with ARTs at pre-departure and on arrival without quarantine. The optimal policy in terms of highest INB is robust under changes to various model assumptions. Among all cost-benefit components, the top driver for INB is tourism receipts.ConclusionsWith high vaccination rates locally and globally alongside stable community transmission, opening borders to travelers regardless of vaccination status will increase economic growth in the destination country. The caseloads remain manageable without exceeding ICU capacity, and costs of cases are offset by the economic value generated from travelers.

Australia Visitor Arrivals: By Country: South East Asia: Singapore data was reported at 21,840.000 Movement in Feb 2025. This records an increase from the previous number of 16,510.000 Movement for Jan 2025. Australia Visitor Arrivals: By Country: South East Asia: Singapore data is updated monthly, averaging 20,920.000 Movement from Jan 1991 (Median) to Feb 2025, with 410 observations. The data reached an all-time high of 59,040.000 Movement in Jun 2019 and a record low of 60.000 Movement in Apr 2020. Australia Visitor Arrivals: By Country: South East Asia: Singapore data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.Q006: Visitor Arrivals: Short Term: by Countries. [COVID-19-IMPACT]

As one of the Asia-Pacific region's leading industries, the travel and tourism sector in China provided over ** million jobs in 2023. Likewise, a high number of jobs were also generated in India thanks to the travel and tourism market, with about ** million jobs. In fact, many Asia-Pacific countries made the worldwide ranking for the most jobs produced by the travel and tourism industry. Economic contribution Through the generation of more jobs and increased levels of affluence in many Asia-Pacific countries, citizens now have more money to be able to travel. Domestic and intra-regional travel has created a positive impact on the economy, as overall domestic tourism expenditure has increased, prevalent especially in Southeast Asia. The travel and tourism industry also made significant contributions towards the GDPs of Asia-Pacific countries. As many countries depend on the industry to maintain and stimulate their economies, they are making it easier for travelers to gain access to their countries through relaxing visa requirements and introducing cheaper airlines. The future of tourism The Asia-Pacific region has adapted to the current demands of travelers, who increasingly wish for more environmentally friendly methods of travel. Regarding the environmental footprint, the contributions of travel and tourism in the region to the total greenhouse gas emissions has slightly increased year-over-year since 2021, but stayed below ** percent. The most sustainable travel destinations in APAC were Goyang, South Korea and Singapore, according to the sustainability index. APAC proved itself in terms of growing popularity, as the region demonstrated high tourist arrivals.

Mexico Visitor Arrivals: Foreign: Singapore data was reported at 571.000 Person in Mar 2025. This records an increase from the previous number of 473.000 Person for Feb 2025. Mexico Visitor Arrivals: Foreign: Singapore data is updated monthly, averaging 292.000 Person from Jan 2012 (Median) to Mar 2025, with 159 observations. The data reached an all-time high of 910.000 Person in Sep 2024 and a record low of 2.000 Person in May 2020. Mexico Visitor Arrivals: Foreign: Singapore data remains active status in CEIC and is reported by Secretary of Tourism. The data is categorized under Global Database’s Mexico – Table MX.Q005: Visitor Arrivals: Foreign. [COVID-19-IMPACT]

Income inequality is an essential cause of violence, stagnant development, and political instability. This study will examine the positive and negative shocks in tourism development, and the distribution of the interaction between tourism development, economic growth, human capital, globalization, and income inequality will be discussed in Singapore, a developed and top-visited country. By adopting autoregressive distributed lag and non-linear autoregressive distributed lag approaches for panel data from 1978 to 2022, the results indicate an asymmetric cointegration among variables, and positive and negative changes in tourism development lead to decreased income inequality. More specifically, the asymmetric effect of tourism is found both in the short- and long-term, and positive shock has a greater impact than negative shock. At the same time, the findings also reveal that economic growth and globalization enhance, while human capital negatively affects income inequality in Singapore. These findings strengthen the belief of Singapore policy-makers and recommend several significant lessons for developing countries to promote tourism, sustainable development, and reduce income inequality.

Chile Residents Departures: Asia: Singapore data was reported at 218.000 Person in Feb 2025. This stayed constant from the previous number of 218.000 Person for Jan 2025. Chile Residents Departures: Asia: Singapore data is updated monthly, averaging 44.000 Person from Jan 1999 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 515.000 Person in Dec 2024 and a record low of 0.000 Person in Oct 2021. Chile Residents Departures: Asia: Singapore data remains active status in CEIC and is reported by National Tourism Service. The data is categorized under Global Database’s Chile – Table CL.Q004: Resident Departures. [COVID-19-IMPACT]

Income inequality is an essential cause of violence, stagnant development, and political instability. This study will examine the positive and negative shocks in tourism development, and the distribution of the interaction between tourism development, economic growth, human capital, globalization, and income inequality will be discussed in Singapore, a developed and top-visited country. By adopting autoregressive distributed lag and non-linear autoregressive distributed lag approaches for panel data from 1978 to 2022, the results indicate an asymmetric cointegration among variables, and positive and negative changes in tourism development lead to decreased income inequality. More specifically, the asymmetric effect of tourism is found both in the short- and long-term, and positive shock has a greater impact than negative shock. At the same time, the findings also reveal that economic growth and globalization enhance, while human capital negatively affects income inequality in Singapore. These findings strengthen the belief of Singapore policy-makers and recommend several significant lessons for developing countries to promote tourism, sustainable development, and reduce income inequality.

Myanmar Visitor Arrival: Visa: Singapore data was reported at 7,860.000 Person in Dec 2019. This records an increase from the previous number of 5,881.000 Person for Nov 2019. Myanmar Visitor Arrival: Visa: Singapore data is updated monthly, averaging 4,591.500 Person from Jan 2018 (Median) to Dec 2019, with 24 observations. The data reached an all-time high of 7,860.000 Person in Dec 2019 and a record low of 3,811.000 Person in Apr 2019. Myanmar Visitor Arrival: Visa: Singapore data remains active status in CEIC and is reported by Ministry of Hotels and Tourism. The data is categorized under Global Database’s Myanmar – Table MM.Q005: Visitor Arrival by Country. [COVID-19-IMPACT]

The international tourism expenditure in Singapore was forecast to continuously increase between 2024 and 2029 by in total *** billion U.S. dollars (+**** percent). After the sixth consecutive increasing year, the expenditure is estimated to reach **** billion U.S. dollars and therefore a new peak in 2029. Covered are expenditures of international outbound visitors to other countries from the selected region, including payments to foreign carriers for international transport. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism expenditure in countries like Philippines and Cambodia.

On-Site Vertical Farming for Hotels Market Outlook

According to our latest research, the Global On-Site Vertical Farming for Hotels market size was valued at $1.2 billion in 2024 and is projected to reach $5.8 billion by 2033, expanding at a robust CAGR of 19.2% during the forecast period of 2025 to 2033. The primary driver of this remarkable growth is the hospitality sector’s increasing emphasis on sustainability and locally sourced, fresh produce, which not only enhances guest experience but also aligns with global environmental goals. Hotels are rapidly adopting on-site vertical farming solutions to reduce their carbon footprint, ensure food quality, and differentiate their brand in a highly competitive market. This trend is further accelerated by growing consumer awareness regarding food provenance and the environmental impact of traditional supply chains.

Regional Outlook

North America currently commands the largest share of the global On-Site Vertical Farming for Hotels market, accounting for approximately 38% of the total market value in 2024. This dominance is attributed to the region’s mature hospitality industry, early adoption of advanced agricultural technologies, and strong regulatory support for sustainable initiatives. Major cities in the United States and Canada, such as New York, Los Angeles, Toronto, and Vancouver, have witnessed an influx of luxury hotels and boutique establishments integrating vertical farms to provide hyper-local, organic produce. Additionally, favorable policies, tax incentives, and partnerships with agri-tech startups have further fueled market penetration. The presence of key technology providers and a well-established supply chain infrastructure also contribute to the region’s leadership in this space.

Asia Pacific is the fastest-growing region in the On-Site Vertical Farming for Hotels market, projected to register a CAGR of 23.5% from 2025 to 2033. The region’s rapid urbanization, burgeoning middle-class population, and increasing tourism activity are major growth catalysts. Countries such as Japan, Singapore, China, and Australia are at the forefront of adopting vertical farming technologies within the hospitality sector. In particular, Singapore’s Smart Nation initiatives and Japan’s focus on food security have spurred significant investments in on-site farming solutions for hotels. The region is witnessing a surge in luxury and chain hotels integrating vertical farms as part of their sustainability and wellness offerings, driven by both consumer demand and government incentives to promote urban agriculture.

Emerging economies in Latin America and the Middle East & Africa are gradually embracing on-site vertical farming for hotels, albeit at a slower pace due to infrastructural and economic constraints. In these regions, adoption is primarily concentrated in high-end resorts and international hotel chains located in tourist hotspots, where the appeal of fresh, locally grown produce is a significant differentiator. However, challenges such as high initial investment costs, limited access to advanced technologies, and a lack of skilled labor impede widespread implementation. Nonetheless, growing awareness of sustainable practices, coupled with government-led green initiatives, is expected to gradually improve market penetration in these regions over the forecast period.

Report Scope

The international tourism receipts per capita in Singapore were forecast to continuously increase between 2024 and 2029 by in total ******* U.S. dollars (+***** percent). After the ******** consecutive increasing year, the receipts per capita is estimated to reach ******** U.S. dollars and therefore a new peak in 2029. Receipts denote expenditures by inbound tourists from other countries. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19. The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism receipts per capita in countries like Indonesia and Malaysia.

The number of international tourist arrivals in Singapore was forecast to continuously increase between 2024 and 2029 by in total ************ arrivals (****** percent). After the ninth consecutive increasing year, the arrivals is estimated to reach ***** million arrivals and therefore a new peak in 2029. Depicted is the number of inbound international tourists. According to World Bank this refers to tourists travelling to a country which is not their usual residence, whereby the main purpose is not work related and the planned visitation period does not exceed 12 months. The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the number of international tourist arrivals in countries like Laos and Vietnam.

Tourism development (TO) is seen as a viable solution to address economic policy uncertainty (EPU) risks. However, previous studies have largely ignored the relationship between short, medium, and long term by decomposing TO and EPU index at different time-frequency scales, especially in Singapore. In this study, the Wavelet tools analysis and a rolling window algorithm are employed to re-visit the causal relationship between EPU, industrial production index (IPI), government revenue (GR), and tourism development (TO) in Singapore from January 2003 to February 2022. The findings revealed the heterogeneous effects of EPU on TO at different time horizons in terms of importance and magnitude over time. A rise in EPU results in a decline in TO at the low frequencies, indicating that EPU has a detrimental effect on TO over the short term. Conversely, in the long term, an increase in TO results in a decrease in EPU. Furthermore, the outcome also indicated that there is a uni-directional causality running from TO to EPU, GR and IPI. Expressly, we confirm that the negative co-movement is more pronounced in the aftermath of the COVID-19 crisis, particularly for EPU, and GR at low-medium frequencies throughout the research period. The findings provide tourism policymakers with insight to develop strategic plans for tourism development that consider the effects of economic policy uncertainty. By understanding how uncertainty impacts tourism, governments can tailor development strategies to mitigate risks and capitalize on opportunities.

The international tourism receipts in Laos were forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the tourism receipts is estimated to reach **** trillion U.S. dollars and therefore a new peak in 2029. Receipts denote expenditures by inbound tourists from other countries. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19. The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism receipts in countries like Myanmar and Singapore.

The international tourism receipts per capita in Malaysia were forecast to decrease between 2024 and 2029 by in total ** U.S. dollars (***** percent). This overall decrease does not happen continuously, notably not in 2029. The receipts per capita are estimated to amount to ***** U.S. dollars in 2029. Receipts denote expenditures by inbound tourists from other countries. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19. The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism receipts per capita in countries like Singapore and Indonesia.

The international tourism receipts per capita in Myanmar were forecast to continuously increase between 2024 and 2029 by in total ******** U.S. dollars (+**** percent). After the ninth consecutive increasing year, the receipts per capita is estimated to reach ********** U.S. dollars and therefore a new peak in 2029. Receipts denote expenditures by inbound tourists from other countries. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19. The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism receipts per capita in countries like Singapore and Cambodia.