Riyadh [Saudi Arabia], April 4 (ANI/WAM): Saudi Arabia's tourism sector achieved a record surplus in the 2024 travel account, reaching SAR 49.8 billion, a 7.8% increase over 2023, according to a Tourism Ministry press release.

The release, carried bythe Saudi Press Agency (SPA), said that this surge was fueled by a 13.8% increase in inbound visitor spending compared to 2023, reaching an estimated SAR 153.6 billion in 2024, based on preliminary balance of payments data from the Saudi Central Bank.

Also Read | Florida Couple Caught Having Sex on Historic Wild Cow Prairie Cemetery Grave, Drugs Found in Car.

The ministry attributed the significant growth in the 2024 travel account surplus to collaborative efforts within the Saudi tourism ecosystem, aimed at strengthening the industry and its contribution to national economic growth. "This success also reflects the effective implementation of best practices in tourism development, enhanced services and products, and strong government collaboration, all advancing the goals of Saudi Vision 2030," said the release. (ANI/WAM)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)