Brazilian tourist spending abroad totals US$449 million in June

RIO DE JANEIRO, BRAZIL – Brazilians spent US$449 million on international trips in June, against US$239 million in the same month last year, advised the Central Bank.

Foreigners spent US$228 million in Brazil, up from US$167 million in June 2020, resulting in a travel balance deficit of US$221 million in June 2021, up from US$72 million a year earlier.

The Central Bank estimates a travel deficit of US$3 billion in 2021, as disclosed in the Quarterly Inflation Report.

The main source region for Brazil, in number of tourists, is South America, with 61.2% of the total, followed by Europe (22.1%) and North America (10.4%), totaling 93.7%.

From 2000 to 2018, South America’s contribution grew by 4 percentage points, although in periods of crisis it fell by more than 20 points (2000 to 2006). South America growth was at the expense of Europe (-2.5 points) and North America (-3.6 points)

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