Nepal's Tourism Sector: Post-Pandemic Recovery and Growth Potential
Nepal's tourism sector demonstrates strong recovery with over 1 million tourist arrivals in 2023. Contributing 6.7% to the GDP, the industry shows promising growth. However, with average daily tourist spending at $48 compared to the global average of $152, there's significant potential for value addition in Nepal's tourism offerings.
Trend Analysis
Summary
Nepal's tourism industry has shown significant recovery post-COVID-19, with a notable increase in tourist arrivals and revenue. In 2023, Nepal welcomed over 1 million tourists, marking a 40% increase from 2022. The sector contributed approximately 6.7% to Nepal's GDP in 2023, up from 4.5% in 2022. However, Nepal's tourism revenue per capita remains lower than the global average, highlighting potential for growth.
Data Visualization
Key Statistics
Source: 2023, Nepal Tourism Board
Source: 2023, World Travel & Tourism Council
Source: 2023, Nepal Tourism Board