SL’s tourism earnings reach US$ 1.5 bn in first 09 months

October 9, 2023 at 1:07 PM

Sri Lanka has recorded nearly US$ 1.5 billion in tourism earnings in the first nine months of the year.

According to the latest data from the Central Bank of Sri Lanka, tourism earnings in the first three quarters of 2023 were over US$ 1.45 billion. This reflects a staggering 67% surge from the corresponding period of last year.

However, both August and September fell short of their monthly arrivals target. September earnings stood at US$ 152.2 million but witnessed a 28% dip from August, due to falling short of its monthly arrivals target. 

July surpassed projections and generated a remarkable income of US$ 219 million, making it the highest monthly earnings of 2023 thus far.

Sri Lanka Tourism has high expectations for the winter season, as the sector targets welcoming 1.55 million visitors and generating over US$ 3 billion in income by year-end. 

A notable influx of over 1.01 million visitors has been recorded during the first nine months of 2023. (NewsWire)