Tourism earnings soar to over $1.5 Billion in first half of 2024
Posted on July 7th, 2024
Courtesy Hiru News
Sri Lanka’s earnings from tourism surged to over $1.5 billion in the first six months of 2024, marking a 77.9 percent increase year-on-year, according to the latest report from the Central Bank of Sri Lanka (CBSL).
Tourist arrivals in the first half reached 1.01 million, reflecting a 61.7 percent rise compared to the same period in 2023.
In June alone, tourism earnings were $113.4 million, up from $100.3 million in June of the previous year, reported Xinhua.
In addition, workers’ remittances for the first six months of 2024 totaled $3.14 billion, an increase from $2.82 billion during the same period last year. June’s remittance earnings were $519.6 million.
Tourism and workers’ remittances continue to be among the top foreign revenue generators for the country.