{"id":470244,"date":"2025-04-03T09:48:15","date_gmt":"2025-04-03T04:48:15","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=470244"},"modified":"2025-04-03T09:48:15","modified_gmt":"2025-04-03T04:48:15","slug":"saudi-arabia-sees-record-41bn-in-inbound-tourism-spending-as-vision-2030-projects-come-to-life","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/saudi-arabia-sees-record-41bn-in-inbound-tourism-spending-as-vision-2030-projects-come-to-life\/","title":{"rendered":"Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life"},"content":{"rendered":"<p> RIYADH<br \/>\nInbound tourism spending in Saudi Arabia surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according to data from the Saudi Central Bank. The rise also pushed the Kingdom\u2019s travel balance surplus to its highest annual level yet \u2014 SR49.78 billion \u2014 up 7.81 percent from the previous year. Outbound spending by Saudi residents rose 16.94 percent year on year, reaching SR103.84 billion. In January, the Saudi Press Agency reported that the Kingdom welcomed 30 million international visitors in 2024, a 9.5 percent increase from the previous year. This influx of travelers is not merely transient, as they play a pivotal role in reshaping Saudi Arabia\u2019s economy and global image. According to the latest Ministry of Tourism report, which covered the third quarter of 2024, non-religious tourism now accounts for the majority of international travel, signaling a broader appeal and longer stays as visitors explore the nation\u2019s cultural, entertainment, and business offerings.<br \/>\nTourism\u2019s direct and indirect contributions \u2014 spanning sectors from transport to hospitality \u2014 brought the Kingdom\u2019s total economic impact from travel and tourism to SR498 billion in 2024, according to the World Travel and Tourism Council. This represents 12.45 percent of gross domestic product, up from 11.5 percent the preceding year.<br \/>\nAs part of Vision 2030, Saudi Arabia is undergoing a rapid transformation that places tourism and international investment at the heart of its future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RIYADH Inbound tourism spending in Saudi Arabia surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according to data from the Saudi Central Bank. The rise also pushed the Kingdom\u2019s travel balance surplus to its highest annual level yet \u2014 SR49.78 billion \u2014 up 7.81 percent from the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-470244","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/saudi-arabia-sees-record-41bn-in-inbound-tourism-spending-as-vision-2030-projects-come-to-life\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life\" \/>\n<meta property=\"og:description\" content=\"RIYADH Inbound tourism spending in Saudi Arabia surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according to data from the Saudi Central Bank. 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