Tourism is a driving sector in Italy, and data released by the Bank of Italy confirm this. Since 1996, the institute has conducted a sample survey of international tourism based on interviews and counts of resident and nonresident travelers in transit at Italian borders (road and rail crossings, international ports and airports).
According to what is stated in the portal of the Central Bank of the Republic: “The survey is conducted with the primary objective of compiling the items “Travel” (which includes goods and services purchased by individuals in countries where they are non-residents, in connection with travel to those countries) and “International Passenger Transportation” of Italy’s balance of payments, in line with the methodological conventions set forth in the IMF Sixth Manual.”
“It also provides a vast information base for research and practitioners due to the wide range of analytical data, additional to balance of payments requirements, that are made available to users both in the form of monthly updates and at the microdata level.”
According to the latest statistics published by the Bank of Italy, in December 2023 alone, the tourism balance of payments was +0.7 billion euros, up from the balanced balance recorded in the same month of 2022. Spending by foreign travelers in Italy (amounting to 2.8 billion) grew by 40 percent year-on-year, while spending by Italian travelers abroad (amounting to 2.1 billion) increased by 9 percent. In 2023 as a whole, the tourism balance showed a surplus of 20.2 billion, up from 2022 (18.2 billion). Instead, in terms of its impact on GDP, the surplus rose to 1.0 percent, the same as in 2019.
Data outlining a positive prediction for 2024. All accommodations, including campgrounds, are affected: open-air tourism is riding the favorable wave with the complicity of mild weather that anticipates the season, predicting arrivals and presences to be higher than in 2023.
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