GCC Secretary-General Reports 68.1 Million International Tourists And $110.4 Billion Revenue In 2023

The Gulf Cooperation Council (GCC) has seen a significant rise in international tourism, with 68.1 million visitors in 2023, generating $110.4 billion in revenue. GCC Secretary-General Jasem Albudaiwi highlighted these figures during the 9th meeting of the Committee of Their Excellencies Ministers Responsible for Tourism in the GCC, held in Kuwait. The meeting was led by Abdul Rahman Badah Al Mutairi, Kuwait's Minister of Information and Culture and Minister of State for Youth Affairs.

Albudaiwi noted that the Gulf Tourism Strategy 2023–2030 aims to boost the GCC's regional and international tourism standing. This strategy is backed by the leaders of GCC countries and supported by the Committee of Their Excellencies Ministers Responsible for Tourism. He expressed pride in the Gulf countries' achievements, which enhance their global reputation and demonstrate a commitment to a thriving future for the region's tourism sector.

The Secretary-General shared that international tourist arrivals grew by 42.8% compared to 2019, reaching 52.9% of the GCC’s 2030 targets. "Additionally, tourism revenues amounted to $110.4 billion for 2023, with a growth rate of 28.2% compared to 2019, marking a significant leap that exceeded all expectations, achieving 58.7% of the 2030 target of $188 billion," he stated.

The GCC's market share in global tourism was reported at 5.2% for arrivals and 7.2% for international tourism revenues, establishing it as a major player on the world stage. In terms of economic contribution, Albudaiwi confirmed that tourism added $223.4 billion to the GCC’s GDP with an annual growth rate of 29.4% from 2022 to 2023.

Furthermore, the sector created approximately 1.5 million jobs in 2023, reflecting a growth rate of 17% since 2020. These developments underscore the importance of tourism as a key driver of economic growth within the region.

The initiatives underlined by Albudaiwi are expected to continue enhancing the GCC's position as a leading destination for international tourists while contributing significantly to its economy through job creation and increased GDP contributions.

With inputs from SPA