Travel

Egypt Ranked the World’s Second Cheapest Country for Tourists

Egypt Ranked the World’s Second Cheapest Country for Tourists

mystic-journey-pyramids-giza-egypt-1-1600x1200.jpg

Egypt has officially been ranked the world’s second cheapest country for international tourists in this year’s “Travel and Tourism Competitiveness Report” (TTCR) issued annually by the World Economic Forum.

The TTCR, first published in 2007, measures “the set of factors and policies that enable the sustainable development of the Travel & Tourism sector, which in turn contributes to the development and competitiveness of a country.” This year the report compared the tourism industry between 141 countries based on factors such as safety and security, hygiene, business environment, price-competitiveness, transportation and the country’s overall stability.

The cheap travel Egypt offers is overshadowed by its lower rankings in regards to safety and security (ranked 136th) which, according to the TTCR, is “reducing Egypt’s appeal to international tourists […] hence, funds available for investment.”

Egypt’s ground infrastructure (ranked 103rd) is additionally a setback which, according to the report, “requires a significant upgrade, especially in terms of quality of roads and efficiency of the transport network.”

Egypt received an overall ranking of 83rd worldwide and 10th within the Middle East and North Africa (MENA) region with an approximate 9 million visitors annually.

The TTCR estimates this to be far below Egypt’s potential seeing as it as a price-competitive destination with many possible investments in the tourism industry. The report argues that Egypt’s many cultural resources and vast history are underutilized, indicated by the country’s low rank for oral and intangible heritage (ranked 60th).

Spain, France and Germany top this year’s worldwide ranking with Angola, Guinea and Chad appearing at the bottom of the list. The United Arab Emirates is ranked first place within the MENA region, followed by Qatar, Bahrain, Morocco and Saudi Arabia.

Iran was ranked as the only country to offer lower prices for tourists than Egypt, according to the TTCR.

Over the past three years, Egypt’s tourism revenue has plummeted to a mere five percent of what it was prior to the January 25th revolution in 2011. In 2010, Egypt’s tourism revenue accounted for £250 million (approx. EGP 2.5 billion), and in 2014, those numbers have fallen to £10.5 million (approx. EGP 121 million).

Egypt’s tourism industry is one of Egypt’s main sources of economic prosperity, employing more than four million tourism workers nationwide.

South Sinai: Your Home Away From Home
Egypt Sets A New Guinness World Record For The Biggest Underwater Clean-Up


Subscribe to our newsletter


Travel
@FarrahmshFarah

Farrah El Essawi studies Multimedia Journalism and Psychology at the American University in Cairo. She has always had a strong passion for social issues and animal rights and jumps at the opportunity to write about either.

More in Travel

Netflix’s ‘Farha’ is an Honest Depiction of the Nakba and Palestinian History

Farah Rafik10 December 2022

Community Makers – People & Places Collaborate with Campbell Gray Hospitality at The Med

Mona Abdou8 December 2022

7 Must-Visit Winter Destinations in Egypt

Shereif Barakat27 October 2022

Without a Visa or Upon Arrival: Top Destinations Egyptians Can Travel to

Marina Makary27 October 2022

Is Egypt Set Out to Become a Global Yacht Tourism Destination?

Farah Rafik15 October 2022

Ratios Bakery: Where Dreams Crumb True

Farah Rafik13 October 2022

Hulu’s Third Season of ‘Ramy’ is Brutally Honest and Authentically Spiritual

Farah Rafik12 October 2022

How Powerful is the Egyptian Passport?

Shereif Barakat2 October 2022