Mexico's tourism economy declines in the first quarter of 2025

The National Institute of Statistics and Geography (INEGI) announced this Friday that the country's economic contribution derived from tourism fell in the first quarter of 2025. .

The 0.9% decrease, which INEGI calls the tourism gross domestic product (GDP), is the result of a 1.6% year-over-year drop in services, compared to a 1.5% increase in goods , the independent institute detailed in its report based on original figures.

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While tourism consumption grew by 0.2% year-on-year from January to March, with a 20.6% increase in inbound tourism, but a 4.2% contraction in domestic tourism, from foreign tourists .

Meanwhile, INEGI's quarterly tourism activity indicators (ITAT) reported a quarterly increase of 0.3% in the tourism economy in the first three months of the year compared to the previous three months, according to seasonally adjusted figures.

This increase was due to a quarterly increase of 0.9% in goods and 0.2% in services.

Likewise, tourism consumption grew by 0.6% quarterly, with a 3.3% increase in foreign tourists, but a 0.1% decrease in domestic tourists .

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The data reflects the upward trend in tourism in Mexico, which received 45.03 million international tourists in 2024, 7.4% more than in 2023, a sustained increase since the end of the COVID-19 pandemic. .

Foreign currency income from international travelers in 2024 totaled $30,246.2 million, almost 6% more than the previous year.

Mexico is the sixth most visited country in the world, according to the government and business leaders, based on data from the World Tourism Organization, while the country's President, Claudia Sheinbaum, has set a goal of reaching the top 5 .

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• Tourism
• Tourism in Mexico
• Mexican Economy
• World Tourism Organization
• National Institute of Statistics and Geography
• Inegi