Tourism revenues increased by 4.0% y/y to US$ 420mn in Oct-25, according to our estimates- Galt&Taggrat weekly review reads.

Overall, in 10M25, tourism revenues came in at US$ 4.06bn (+5.0% y/y), by our estimates.


We forecast tourism revenues at US$ 4.6bn for 2025 and US$ 4.9bn for 2026.