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Kuwaitis have spent 4 billion dinars on travel in 2022

Finance Kuwait City 18 May 23
Kuwaitis have spent 4 billion dinars on travel in 2022
Kuwaitis reportedly spent KD 4 bln on travel in 2022.
Fee
Event Location
Kuwait, Kuwait
Area
Kuwait City
Start Time
18 May 2023, 12:00 AM
End Time
31 May 2023, 12:00 AM
Website

Kuwaitis have reportedly spent 4 billion dinars on travel in 2022, a jump of 69.5% bringing their total spending to more than 4 billion dinars, compared to an expenditure of 2.36 billion dinars, according to the preliminary data of Kuwait’s balance of payments for the past year issued by the Central Bank of Kuwait, reports Al-Anba daily.

The expenditure hiked after the Kuwait International Airport became fully operational and the resumption of summer flights, nearly two years after the closure of the Airport and the tightening of travel procedures to prevent the spread of the Corona epidemic.

According to the daily, money spent by Kuwaitis on the travel item during the past year is considered the highest since the outbreak of the Corona pandemic, and the total spending during the first quarter of last year was 1.13 billion dinars, and in the second quarter 835.8 million dinars, and in the third quarter 1.1 billion dinars and in the fourth quarter it was 935 million dinars. In terms of spending by tourists inside Kuwait, it witnessed an increase, as their total spending reached 333 million dinars during 2022.



Kuwaitis travel expenditure 2022



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