The Dominican Republic remains the leader in Latin America in tourism revenues as a percentage of GDP and the second largest tourism market in Latin America in revenue and visits, behind only Mexico, according to a new analysis by the digital publication Latinvex based on statistics and the governments of the DR and Uruguay.
Last year tourism revenues as a percentage of its gross domestic product (GDP) stood at 8.1%, the highest in Latin America and five times higher than the region’s average of 1.8%.
The percentages for the other main tourism markets in Latin America are 2.1% for Colombia, 1.7% for Mexico and just 0.3% for Brazil, the lowest level in the region.
Tourism revenues in the country last year of 9.751 billion dollars are higher than countries such as Colombia, Brazil and Panama. The Dominican Republic received 10.307 million visitors in 2023, a figure higher than destinations such as Argentina, Brazil and Colombia.
Source:Arecoa.com
