Tourism spending in Switzerland hit record levels in 2023 

Revenue from foreign guests in Switzerland rose again last year. The Swiss also spent more money travelling abroad. In both cases, previous records from the pre-Covid period were surpassed. Do you want to read our weekly top stories? Subscribe here. Visitors to Switzerland generated income totalling CHF18.4 billion ($20.5 billion) in 2023, according to the tourism balance sheet published by the Federal Statistical Office (FSO) on Friday. This corresponds to an increase of 12% on the previous year. The Swiss resident population, in turn, spent CHF20.2 billion on travelling abroad. This figure also increased by 12%. With these new figures, both tourism expenditure in Switzerland and that of Swiss nationals travelling abroad have climbed to new records. The previous records were CHF18 billion and CHF18.8 billion, respectively. According to initial FSO estimates, the tourism balance in 2023 totalled minus CHF1.8 billion. In the previous year, the loss was CHF1.7 billion. This means the ...