Over KD 4b spent on travel by Kuwaitis and expats – Arab Times Kuwait News

  • Date: 16-Jun-2023
  • Source: Arab Times Kuwait
  • Sector:Tourism
  • Country:Kuwait
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Over KD 4b spent on travel by Kuwaitis and expats – Arab Times Kuwait News

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KUWAIT CITY, June 15: Spending on travel in Kuwait during the year 2022 had witnessed a huge jump by 69.5 percent, bringing the total spending in this regard to more than KD 4 billion, compared to KD 2.36 billion in 2021 as per the preliminary data issued by the Central Bank of Kuwait, reports Al-Anba daily. This big boom in spending comes after the Kuwait International Airport was fully opened to travelers, and the return of summer flights, more than two years after the closure of the airport and the tightening of travel procedures to prevent the spread of COVID-19.

The amount spent by citizens for travel during the past year is considered the highest since the COVID-19 outbreak. The total spending during the first quarter of last year amounted to KD 1.13 billion, KD 835.8 million in the second quarter, KD 1.1 billion in the third quarter, and KD 935 million in the fourth quarter. Also, there was an increase in the rate of spending by tourists inside Kuwait, as their total spending amounted to KD 333 million in 2022.