Saudi Arabia’s travel account surplus hits record $13.3 billion in 2024, up 7.8 percent YoY
Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023 Saudi Arabia’s travel and tourism sector achieved a record surplus in the 2024 travel account, reaching SAR49.8 billion ($13.3 billion), a 7.8 percent increase over 2023, according to a Tourism Ministry press release. The release highlighted that this remarkable surge … Read more