$24 Million
22 Million (2023)
388 Thousand (2024)
Japan’s GDP growth forecast for 2025 has been cut to 0.8%, with 0.2% expected in 2026, as US tariffs and trade uncertainty weigh on exports and investment. Inflation is projected at 1.6% in 2026, while the BoJ is likely to hold rates steady until 2027. The yen may weaken in the short term but is expected to gradually appreciate in 2026 as economic conditions stabilize.
On this page:
Competitor Comparison
Air Travel
Economic Indicators
Traveller Characteristics
Indicator | Quebec | Ontario | Alberta | BC | Canada |
|---|---|---|---|---|---|
Expenditure | $18M | $60M | $24M | $101M | $0.2B |
Share of total national expenditure (2023) | 8% | 28% | 11% | 47% | - |
Indicator | Quebec | Ontario | Alberta | BC | Canada |
|---|---|---|---|---|---|
Expenditure | $21M | $82M | $25M | $104M | $0.3B |
Share of total national expenditure | 8% | 33% | 10% | 41% | - |
Indicator | 2023 | 2024 Estimated | 2025 Forecasted | 2026 Forecasted |
|---|---|---|---|---|
GDP - per capita (US$) | $33,904 | $32,596 | $34,628 | $34,597 |
GDP - YoY Growth Rate | 1.5% | 0.1% | 0.8% | 0.2% |
Exchange Rate (CAD/YEN) (annual average) | $0.01 | $0.01 | N/A | N/A |
Unemployment Rate (annual average) | 2.6% | 2.5% | 2.2% | 2.2% |
Annual inflation | 3.3% | 2.7% | 2.7% | 1.6% |
Why won't travellers come here? | |
|---|---|
Cost | 50% |
Too far/ too long | 29% |
There are other places I would rather visit | 19% |
Not enough time to take a holiday | 19% |
There is no reason to visit anytime soon | 18% |
Top 5 trip anchors (market size) | |
|---|---|
Natural attractions (e.g. scenic viewpoints, mountains, waterfalls) | 192K |
Historical, archaeological or world heritage sites | 171K |
Trying local food and drink | 140K |
Northern lights | 133K |
Nature walks | 128K |
What's the purpose of their visit? |
|---|
Sources
Statistics Canada, Visitor Travel Survey Data 2024/2023
Global Tourism Research Program (GTRP), Destination Canada
Lodging Aligned Spend Reporting (LASR), Destination Canada
Oxford Economics
DIIO, Cirium
Bank of Canada
UNWTO: UN Tourism Barometer
Mobile Insights, Near