The expenditure of international visitors in London was expected to rise by 17 percent between 2023 and 2031. As forecast, spending of inbound tourists in the UK's capital was estimated to total roughly 14.1 billion British pounds in 2023. This number was predicted to grow to nearly 16.6 billion British pounds by 2031. Due to the coronavirus (COVID-19) pandemic, the international tourist expenditure in London reached in 2021 the lowest figure in over a decade.
Forecast spending of international visitors in London, United Kingdom (UK) from 2023 to 2031
(in million GBP)
The projections have been developed from the historical data provided by the Office for National Statistics (ONS) for London from 2002 to 2019. The expenditure is in 2019 prices and is based on the ONS Consumer Price Index (CPI).
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Greater London Authority. (December 14, 2022). Forecast spending of international visitors in London, United Kingdom (UK) from 2023 to 2031 (in million GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1339830/forecast-inbound-tourist-spending-london-united-kingdom/
Greater London Authority. "Forecast spending of international visitors in London, United Kingdom (UK) from 2023 to 2031 (in million GBP)." Chart. December 14, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1339830/forecast-inbound-tourist-spending-london-united-kingdom/
Greater London Authority. (2022). Forecast spending of international visitors in London, United Kingdom (UK) from 2023 to 2031 (in million GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1339830/forecast-inbound-tourist-spending-london-united-kingdom/
Greater London Authority. "Forecast Spending of International Visitors in London, United Kingdom (Uk) from 2023 to 2031 (in Million Gbp)." Statista, Statista Inc., 14 Dec 2022, https://www.statista.com/statistics/1339830/forecast-inbound-tourist-spending-london-united-kingdom/
Greater London Authority, Forecast spending of international visitors in London, United Kingdom (UK) from 2023 to 2031 (in million GBP) Statista, https://www.statista.com/statistics/1339830/forecast-inbound-tourist-spending-london-united-kingdom/ (last visited November 21, 2024)
Forecast spending of international visitors in London, United Kingdom (UK) from 2023 to 2031 (in million GBP) [Graph], Greater London Authority, December 14, 2022. [Online]. Available: https://www.statista.com/statistics/1339830/forecast-inbound-tourist-spending-london-united-kingdom/
