The International Monetary Fund (IMF) expects the tourism sector's contribution to grow by 16 percent to Saudi GDP by 2034, after contributing directly and indirectly at an average of 11.5 percent in 2023.
According to the International Monetary Fund, the balance of payments travel account recorded a historical surplus of $ 12.8 billion during 2023, an annual increase of more than 38 percent, making it the highest item in the balance of services in terms of surplus.
The IMF praised the great and unprecedented achievements and leaps made by the tourism sector within the framework of Vision 2030, as it exceeded the goal set by the vision of receiving 100 million domestic and international tourists, as the number of tourists in the Kingdom reached 109 million domestic and international tourists last year, 7 years ahead of schedule.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
