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COVID-19 had an unprecedented impact on tourism revenues

The impact the coronavirus pandemic has had on travel has been catastrophic. From 2019 to 2020 international tourism receipts in Europe dropped from 429 billion euros to just 159 billion. The sheer size of this drop is further emphasized by the comparatively insignificant change in receipts over the SARS epidemic in 2003 or the sector-wide slowdown triggered by the Global Financial crisis in 2008-2009 period.

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This infographic shows the values of tourism receipts in Europe from 2000 to 2022.

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Forecasted change in international tourism receipts due to the coronavirus (COVID-19) pandemic worldwide from 2019 to 2020 (in billion U.S. dollars)
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Total internal tourism revenue of Europe in 2019 and 2020, with a forecast until 2024 (in billion U.S. dollars)
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Countries with the highest tourism revenue loss due to the coronavirus (COVID-19) pandemic from January to October 2020 (in million U.S. dollars)
Change in international tourism receipts in the Netherlands due to the coronavirus (COVID-19) pandemic in 2019 and 2020, by quarter (in million U.S. dollars)
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Estimated impact of the coronavirus (COVID-19) pandemic on tourism revenue in Ireland in 2020 (in million euros)
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Estimated impact of the coronavirus (COVID-19) on quarterly revenues of the tourism industry in Italy in 2020 (in billion euros)

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