According to the statements made by the Finance Ministry, tourism has ceased to be an important source of income worldwide. Research has led to the following statistical values:
General Tourism Income in the United States of America and in the World
Tourism revenues in the United States in July 2020 are much lower than in the previous year. A large number of losses in both local tourism and international tourism caused the country’s economy to decline in general. When compared to the tourism revenues of July 2019, it was noted that there was an 80 percent decrease in 2020. These figures provide very important information about the effects of Coronavirus on the economy.
According to data published last month, in August, the tourism rate in 2020 was between 30 and 35 percent of 2019. In short, while moving from 2019 to 2020, tourism revenue in August dropped between 70 percent and 65 percent (compared to 2019). This decline caused the country’s economy and health services to decline very quickly.
Income from tourism activities reached $ 3 billion in the United States at the end of August. This total amount is also at a very low level compared to the previous year. This amount was 680 million euros at the end of June. In July, it reached 800 million Euros.
Tourism revenues continue to decline not only in the United States but also in other European countries. For example, Greece earned 18 billion euros from tourism revenues this year. This corresponds to only 16 percent of last year. This decline may cause a slowdown in all resources and economic production processes worldwide.
Overall, data recorded in August paint a more optimistic picture, compared to data recorded in July. However, there is still a big hole in the economy due to the decline in tourism.
