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Education and Career

World’s Top 10 Most Expensive Countries For Tourists To Visit, 2015 Report

Unsurprisingly, Switzerland is the most expensive country in the world for tourists to visit, according to the World Economic Forum’s 2015 travel and tourism competitiveness report. Here are 10 countries to avoid, if you’re travelling on a tight budget.

As expected, the majority of the destinations on the list are European but there are a couple of outside entries including Australia. The report looked at 141 different countries and compared a number of factors related to tourism: hotel accommodations, airport charges, cost of living, ticket taxes, purchasing power parity (PPP)*, fuel prices, and so on.

Below is the list of the top 10 most expensive countries around the world, including how much the average international visitor spends during each trip.

World’s Top 10 Most Expensive Countries For Tourists To Visit, 2015 Report:

Switzerland

1. Switzerland

2. United Kingdom

3. France

4. Australia

5. Norway

6. Israel

7. Denmark

8. Sweden

9. Italy

10. Austria

Top 10 Most Expensive Countries For Tourists To Visit, 2015 Report

*Note: Travel and tourism competitiveness report, 2015.  An example of purchasing power parity (PPP): If the purchasing power parity in the United States is 1 and the purchasing power parity in Poland is .6, then a cup of coffee in Poland is 40% cheaper than it is in the United States, relative to the Polish zloty. Purchasing power parity (PPP) is based on the GDP of each economy.


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CEOWORLD magazine - Latest - Education and Career - World’s Top 10 Most Expensive Countries For Tourists To Visit, 2015 Report
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.