Bolivia and Colombia were the most competitive Latin American travel destinations in 2021, achieving scores above six out of seven possible points in the Travel and Tourism Development Index. The most competitive country for tourism in Latin America that year was Mexico.
Rating of the price competitiveness of Latin American countries in 2021, based on the Travel and Tourism Development Index
*The calculation was based on ticket taxes, airport charges, purchasing power parity as well as hotel, fuel, and short-term rental prices.
Further information about the methodology can be found here.
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World Economic Forum. (May 24, 2022). Rating of the price competitiveness of Latin American countries in 2021, based on the Travel and Tourism Development Index [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1126539/price-competitiveness-tourism-latin-america/
World Economic Forum. "Rating of the price competitiveness of Latin American countries in 2021, based on the Travel and Tourism Development Index." Chart. May 24, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1126539/price-competitiveness-tourism-latin-america/
World Economic Forum. (2022). Rating of the price competitiveness of Latin American countries in 2021, based on the Travel and Tourism Development Index. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1126539/price-competitiveness-tourism-latin-america/
World Economic Forum. "Rating of The Price Competitiveness of Latin American Countries in 2021, Based on The Travel and Tourism Development Index." Statista, Statista Inc., 24 May 2022, https://www.statista.com/statistics/1126539/price-competitiveness-tourism-latin-america/
World Economic Forum, Rating of the price competitiveness of Latin American countries in 2021, based on the Travel and Tourism Development Index Statista, https://www.statista.com/statistics/1126539/price-competitiveness-tourism-latin-america/ (last visited December 22, 2024)
Rating of the price competitiveness of Latin American countries in 2021, based on the Travel and Tourism Development Index [Graph], World Economic Forum, May 24, 2022. [Online]. Available: https://www.statista.com/statistics/1126539/price-competitiveness-tourism-latin-america/
