How Much Money Does Mexico Make From Tourism?

By Robert Palmer

Mexico is known for its vibrant culture, rich history, and stunning beaches, attracting millions of tourists every year. But have you ever wondered how much money Mexico makes from tourism? Let’s take a closer look.

Overview of Mexico’s Tourism Industry

Mexico has been a top tourist destination for decades, with approximately 45 million international visitors in 2019 alone. The country’s diverse attractions, including archaeological sites like Chichen Itza and natural wonders like the Copper Canyon, draw visitors from all over the world. Additionally, Mexico’s proximity to the United States makes it an easily accessible destination for many Americans.

Mexico’s Tourism Revenue

According to the World Bank, in 2019, Mexico generated $24.8 billion in revenue from international tourism alone. This accounts for approximately 7% of the country’s GDP. The tourism industry also provides employment opportunities for millions of people throughout Mexico.

Top Tourist Destinations in Mexico

Some of the most popular tourist destinations in Mexico include:

  • Cancun – famous for its white sand beaches and turquoise waters
  • Los Cabos – known for its luxury resorts and outdoor activities like snorkeling and scuba diving
  • Puerto Vallarta – a charming coastal town with beautiful beaches and a vibrant nightlife scene
  • Mexico City – the capital city with a rich cultural heritage, including ancient ruins like Teotihuacan and world-class museums like the National Museum of Anthropology
  • Tulum – a laid-back beach town with stunning Mayan ruins overlooking the Caribbean Sea

The Impact of COVID-19 on Mexican Tourism

The COVID-19 pandemic has had a significant impact on Mexico’s tourism industry. In 2020, international arrivals dropped by almost 50% compared to the previous year. However, with the ongoing vaccine rollout and the easing of travel restrictions, Mexico is slowly starting to welcome back tourists.

Conclusion

Mexico’s tourism industry plays a crucial role in the country’s economy, generating billions of dollars in revenue and providing employment opportunities for millions of people. Despite the challenges posed by COVID-19, Mexico remains a top destination for travelers seeking sun, sand, and culture.