Travel and Tourism in Argentina to 2018

Date: 2015-09

The Argentine travel and tourism sector is undergoing a tourism imbalance due to fewer inbound arrivals and more international departures. While outbound tourists increased at a compound annual growth rate (CAGR) of 10.35% during the review period (2009โ€“2013), inbound tourists increased at a slower CAGR of 6.16%. Outbound tourists are increasingly using credit cards to make purchases in foreign currencies with the aim of buying goods at cheaper rates; this has had a negative impact on the economy and consumer confidence.

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