FX.co ★ Turkey Experiences Decline in Foreign Arrivals in November

In November 2024, Turkey witnessed a slight decline in foreign arrivals compared to the same month last year. The latest data indicates the current indicator has stopped and settled at 8.25%, a decrease from the previous month of October, which registered at 9.25%. This marks a noticeable change in the tourism landscape as the year draws to a close.

The year-over-year comparison reveals that while Turkey still maintains a growth in foreign arrivals, the pace of this growth has slowed down. October's comparison showed a more robust growth rate compared to its corresponding month in 2023, but November's figures suggest a tapering off. These figures, updated on 20 December 2024, highlight the dynamic nature of global travel and its impact on Turkey's economy.

The decline could be attributed to various factors such as seasonal patterns, geopolitical circumstances, or global economic shifts. However, the overall positive growth, albeit slowed, indicates resilience in Turkey's tourism sector as it continues to navigate the complexities of the international travel environment. Stakeholders in the Turkish economy will be closely monitoring these trends to strategize for the coming year.