Published on 4 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will look at the 40 least visited countries in the world. If you want to skip our detailed analysis, you can go directly to the 5 Least Visited Countries in the World.
The tourism industry is multifaceted. It is contingent on several other industries, including transport, accommodation, and more. According to a report by the United Nations Tourism, the Covid-19 pandemic resulted in a 2.6 billion decrease in international arrivals all over the globe between 2020 and 2022 combined. The travel restrictions posed to control the spread of the pandemic also resulted in a 62% dip in export revenues generated by international tourism in 2020, which was the highest number ever recorded. 2021 saw another 59% decrease in international tourism export revenues as compared to the 2019 statistics. Although these numbers bounced back in 2022, they still remained 34% lower than the pre-pandemic statistics. The three-year timeline between 2020 and 2022 saw a $2.6 trillion total loss in export revenues from tourism. However, the tourism industry is recovering from the shocks of the pandemic. International tourist arrivals have bounced back to 88% of their pre-pandemic levels between January and December, 2023. To learn more about tourism, you can look at the Top 15 Countries for Dental Tourism and the 35 Best Destinations in the World for Cultural Tourism.
The Impact of COVID-19 on Global Travel