In 2024, the number of international tourist arrivals in Latin America and the Caribbean increased by *** percent to more than *** million. Mexico, the region's major player in this sector, accounted for roughly ** percent of the international tourism volume in 2024. Tourism-dependent economies in the region Out of the around ***** billion U.S. dollars in international tourism revenue generated in Latin America in 2019, about **** billion were attributed to by Mexico. This sum made up part of the North American nation’s travel and tourism sector, which in turn directly represented about ***** percent of its gross domestic product (GDP) of that year. Meanwhile, the economies of many Caribbean countries are even more dependent on travel and tourism. In Aruba, for instance, this sector made up approximately a third of the island’s GDP in 2019. The pandemic’s blow to Mexico’s tourism industry Being the leading country for tourism in Latin America and the Caribbean, Mexico also has a lot to lose in the midst of the global COVID-19 pandemic. In early 2020, it was anticipated that about *** million jobs in Mexico’s travel and tourism industry were endangered due to the pandemic. Furthermore, the country is expected to have experienced a decrease of around *** trillion Mexican pesos in total tourism consumption in 2020.

The average for 2020 based on 5 countries was 800 thousand tourists. The highest value was in Colombia: 1396 thousand tourists and the lowest value was in Guyana: 86 thousand tourists. The indicator is available from 1995 to 2020. Below is a chart for all countries where data are available.

In 2023, Mexico was the Latin American country with the largest total contribution of the travel and tourism sector to the gross domestic product (GDP), with over 260 billion U.S. dollars. Brazil was second on the list that year, as travel and tourism contributed approximately 104 billion U.S. dollars to its GDP.

Venezuela Tourist Arrival: International: South America data was reported at 566,539.000 Person in 2013. This records an increase from the previous number of 528,679.000 Person for 2012. Venezuela Tourist Arrival: International: South America data is updated yearly, averaging 227,105.000 Person from Dec 2005 (Median) to 2013, with 9 observations. The data reached an all-time high of 566,539.000 Person in 2013 and a record low of 178,189.000 Person in 2010. Venezuela Tourist Arrival: International: South America data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under Global Database’s Venezuela – Table VE.Q001: Tourist Arrival. The source has temporarily cease the publication of Venezuela tourism statistics.

South America offers a wide variety of tourist attractions and destinations: mountains, deserts, forests, beaches, and vibrant metropolises. In 2019, the subregion generated roughly ** billion U.S. dollars in international tourism revenue, which constitutes a slight decline versus the previous year. According to UNWTO, South America received **** million international tourists in 2019.

India Foreign Tourist Arrivals: Central and South America: Argentina data was reported at 14,875.000 Person in 2017. This records an increase from the previous number of 12,308.000 Person for 2016. India Foreign Tourist Arrivals: Central and South America: Argentina data is updated yearly, averaging 9,731.000 Person from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 14,875.000 Person in 2017 and a record low of 6,011.000 Person in 2009. India Foreign Tourist Arrivals: Central and South America: Argentina data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB002: Foreign Tourist Arrivals: by Countries (Annual).

The Latin America Travel and Tourism Market Report is Segmented by Type (International Tourism and Domestic/Local Tourism), Purpose (Adventure Tourism, Business Travel, Conference or Seminar Travel, and Family and Friends Visit), and Country (Brazil, Mexico, Colombia, Chile, Argentina, and Rest of Latin America). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Due to its geographical position, Mexico is the main recipient of tourism from the United States in Latin America. In 2023, there were nearly ** million U.S. overnight tourists in Mexican territory – more than ** percent of the total U.S. tourism volume in Latin America. In that same year, around **** million U.S. Americans traveled to the Caribbean.

Venezuela Tourist Arrival: International: South America: Brazil data was reported at 81,520.000 Person in 2013. This records an increase from the previous number of 69,591.000 Person for 2012. Venezuela Tourist Arrival: International: South America: Brazil data is updated yearly, averaging 55,133.000 Person from Dec 2005 (Median) to 2013, with 9 observations. The data reached an all-time high of 81,520.000 Person in 2013 and a record low of 18,574.000 Person in 2005. Venezuela Tourist Arrival: International: South America: Brazil data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under Global Database’s Venezuela – Table VE.Q001: Tourist Arrival. The source has temporarily cease the publication of Venezuela tourism statistics.

Venezuela Tourist Arrival: International: South America: Peru data was reported at 40,128.000 Person in 2013. This records an increase from the previous number of 32,719.000 Person for 2012. Venezuela Tourist Arrival: International: South America: Peru data is updated yearly, averaging 27,671.000 Person from Dec 2005 (Median) to 2013, with 9 observations. The data reached an all-time high of 40,128.000 Person in 2013 and a record low of 19,123.000 Person in 2011. Venezuela Tourist Arrival: International: South America: Peru data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under Global Database’s Venezuela – Table VE.Q001: Tourist Arrival. The source has temporarily cease the publication of Venezuela tourism statistics.

The COVID-19 pandemic affected the international tourism in South America by reducing its tourist arrivals by ** percent and ** percent in 2020 and 2021, in comparison to the volume registered in 2019. One of the major contributors to this development were the strict travel restrictions imposed in Argentina – the second most visited country in the region before the global health crisis.

Venezuela Tourist Arrival: International: South America: Bolivia data was reported at 4,512.000 Person in 2013. This records an increase from the previous number of 3,056.000 Person for 2012. Venezuela Tourist Arrival: International: South America: Bolivia data is updated yearly, averaging 2,243.000 Person from Dec 2005 (Median) to 2013, with 9 observations. The data reached an all-time high of 4,512.000 Person in 2013 and a record low of 1,566.000 Person in 2010. Venezuela Tourist Arrival: International: South America: Bolivia data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under Global Database’s Venezuela – Table VE.Q001: Tourist Arrival. The source has temporarily cease the publication of Venezuela tourism statistics.

In 2018, around 18.5 million travelers to the United States arrived from Mexico. By 2024, this number is expected to go up to approximately 20.21 million. The number of visitors to the United States from Brazil and Colombia is also forecasted to grow during the same period.

Latin America's Ecotourism market was USD 13579.73 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2031. The market is foreseen to reach USD 31821.7 million by 2031 due to abundant natural resources, including rainforests, wildlife, and unique landscapes, which attract eco-conscious travelers.

Latin America Virtual Reality in Tourism Market accounted for more than 5% of the global Virtual Reality In Tourism revenue in 2023. Latin America is expected to grow at a CAGR of 32.0% in the forecast period.

Mexico was the most visited destination by international tourists in Latin America in 2024, totaling ** million tourist arrivals in that year. In the second place, but far behind, was the Dominican Republic. A global tourism powerhouse By developing airport infrastructure and calibrating new direct flights, Mexico has set international tourism high on its priorities list. At the forefront of Mexico's spike in international tourism is the FONATUR, or Mexico's National Fund for Tourism Development. The tourism body worked in the expansion of Cancun's airport and other four key tourist airports in the country. Plus, Mexico City's airport added new international direct flights in the *****, resulting in being rated as the best internationally connected airport in Latin America in 2019. With this and other developments in this sector, the North American country managed to rank among the top 20 destinations in the Travel and Tourism Competitiveness Ranking that year. South America's tourism leader Through its geographically diverse landscape and globally recognized wine industry, Argentina has grown its international tourism sector. The influx of foreign visitors to Argentina can in some way be attributed to the country's air-travel infrastructure. The national air carrier, Aerolineas Argentinas, was one of the top airline operating in Latin America in 2019. That same year, passenger traffic to Argentinian airports grew by **** percent. Though in April 2020, in the outbreak of the COVID-19 pandemic, the arrival of international air travel tourists to Argentina came to a complete halt, ensuing a similar fate of the global tourism industry.

South America Adventure Tourism market size is USD 14307.11 million in 2024 and will expand at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031.

Latin America's Extreme Tourism Market was USD 14774.28 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031. This growth is primarily driven by the region's diverse ecosystems and the rising interest in off-the-beaten-path adventure experiences among international travelers.

Venezuela Tourist Arrival: International: South America: Colombia data was reported at 308,474.000 Person in 2013. This records a decrease from the previous number of 317,678.000 Person for 2012. Venezuela Tourist Arrival: International: South America: Colombia data is updated yearly, averaging 79,735.000 Person from Dec 2005 (Median) to 2013, with 9 observations. The data reached an all-time high of 317,678.000 Person in 2012 and a record low of 57,414.000 Person in 2010. Venezuela Tourist Arrival: International: South America: Colombia data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under Global Database’s Venezuela – Table VE.Q001: Tourist Arrival. The source has temporarily cease the publication of Venezuela tourism statistics.