What is the average spend on holidays abroad?

We look at the average cost of a holiday abroad and how much Brits are spending on holidays per year.

We want our holidays to be as relaxing as possible and not worry about spending while we are there. With many of us using our cards rather than carrying cash, you might even look for a debit card or credit card with no fees abroad! But what is the average person planning to spend on holidays abroad this year?

Quick overview

  • The average spend on holidays abroad per person in 2023 is projected to be £2,115.
  • The total spent by Brits abroad in 2022 was £58.5 billion, including £40.1 billion on holidays.
  • Brits spend the most abroad in Spain, with a total spend of £11 billion in 2022.
  • This is followed by the USA, with a total spend of £5.1 billion in 2022.
  • Barbados has the highest average daily spend for Brits abroad at an impressive £231.
  • Meanwhile, people visiting India can enjoy a very affordable daily spend of just £31.

What is the average spend on holidays abroad per year?

In 2023, the average UK resident is planning to spend £2,115 on holidays abroad in total, including accommodation, flights and spending money. Our survey found that two-thirds (66%) of adults are planning to spend some money on holidays abroad in 2023.

Despite the ongoing cost of living crisis, this has increased from 2022 when the estimated spend per person on holidays abroad was £1,425. This is based on a June 2022 survey which found that 53% of UK adults were planning to travel abroad for leisure in the next 12 months.

What is the average cost of a holiday abroad?

The average cost of a single trip abroad was £857 in 2022, considering that Brits spent £40.1 billion abroad in 2022 and there were 46.8 million trips taken.

How much do Brits spend on holidays?

UK residents spent £40.1 billion in total on holidays abroad in 2022. This was far higher than 2020 and 2021, which were still seeing the effects of the coronavirus pandemic, but not as much as 2019, where residents spent £43.3 billion on holidays abroad.

The total spent by Brits abroad in 2022 was £58.5 billion. Other categories for spending abroad include visiting family and friends, where Brits spent £11.2 billion in 2022, and business travel, where Brits spent £5.1 billion in 2022.

Year Holiday Business Visit friends or family Miscellaneous
2012 £25.3 billion £6 billion £5.8 billion £1.4 billion
2013 £27.3 billion £5.9 billion £6.5 billion £1.6 billion
2014 £28.9 billion £5.8 billion £6.9 billion £1.4 billion
2015 £30.5 billion £7.4 billion £7 billion £1.6 billion
2016 £34.2 billion £6.6 billion £8.1 billion £1.8 billion
2017 £36.9 billion £6.5 billion £9.4 billion £1.6 billion
2018 £39.7 billion £6.9 billion £9.8 billion £1.8 billion
2019 £43.3 billion £6.2 billion £10.5 billion £2.2 billion
2020 Not reported Not reported Not reported Not reported
2021 £7.9 billion £1.5 billion £5.2 billion £0.9 billion
2022 £40.1 billion £5.1 billion £11.2 billion £2 billion

Brits spend the most money abroad in other European countries, with a total spend of £38.2 billion in 2023. North America is another popular destination, with Brits spending £6 billion here and £14.2 billion around the rest of the world in 2023.

Year North America Europe Other countries Total
2012 £4.7 billion £23.1 billion £10.6 billion £38.5 billion
2013 £4.9 billion £24.8 billion £11.7 billion £41.4 billion
2014 £5.5 billion £25.3 billion £12.2 billion £43 billion
2015 £6.2 billion £28 billion £12.3 billion £46.5 billion
2016 £6.5 billion £30.8 billion £13.5 billion £50.9 billion
2017 £6.4 billion £33.6 billion £14.5 billion £54.4 billion
2018 £6.9 billion £36.1 billion £15.1 billion £58.1 billion
2019 £6.6 billion £38.7 billion £16.9 billion £62.3 billion
2020 Not reported Not reported Not reported £13.8 billion
2021 £0.7 billion £11.6 billion £3.2 billion £15.5 billion
2022 £6 billion £38.2 billion £14.2 billion £58.5 billion

Where do Brits spend the most money abroad?

Spain was the most popular country for spending abroad in 2022, with UK residents spending a whopping total of £11 billion here. In the rest of Europe, France came a close second with £4.9 billion in spending, followed by Greece (£3.3 billion), Italy (£2.8 billion) and Portugal (£2.5 billion).

Year Spain France Greece Italy Portugal
2017 £9.6 billion £4.8 billion £1.9 billion £2.8 billion £1.8 billion
2018 £10.1 billion £5.4 billion £2.1 billion £3.2 billion £1.8 billion
2019 £10.9 billion £5.2 billion £2.3 billion £3 billion £2 billion
2020 Not reported Not reported Not reported Not reported Not reported
2021 £3.2 billion £1 billion £1.1 billion £0.6 billion £0.8 billion
2022 £11 billion £4.9 billion £3.3 billion £2.8 billion £2.5 billion

Brits are also spending money outside of Europe when travelling abroad, and the USA claims the top spot here, with a total of £5.2 billion spent by UK residents in 2022. For the biggest spend outside of Europe in 2022, they are followed by Turkey (£2.1 billion), the United Arab Emirates (£1.6 billion), India (£1.1 billion) and Mexico (£0.9 billion).

Year USA Turkey United Arab Emirates India Mexico
2017 £5.5 billion £1 billion £0.9 billion £1 billion £0.7 billion
2018 £6 billion £1 billion £1.2 billion £1 billion £0.8 billion
2019 £5.9 billion £1.4 billion £1.4 billion £1.2 billion £0.8 billion
2020 - - - - -
2021 £0.6 billion £0.3 billion £0.03 billion £0.2 billion £0.1 billion
2022 £5.2 billion £2.1 billion £1.6 billion £1.1 billion £0.9 billion

What is the average holiday spend per day in each country?

The 5 countries with highest daily spend

1. Barbados £231
2. Malta £184
3. Switzerland £172
4. USA £171
5. United Arab Emirates £171

The 5 countries with lowest daily spend

1. Sri Lanka £38
2. Nigeria £34
3. Egypt £34
4. Pakistan £33
5. India £31

Country Daily spend
Barbados £231
Malta £184
Switzerland £172
USA £171
United Arab Emirates £171
France £144
Luxembourg £142
Netherlands £124
Austria £118
Denmark £118
Italy £114
Greece £113
Belgium £111
Germany £106
Spain £105
Finland £102
Canada £102
Portugal £98
Sweden £96
Mexico £96
Jamaica £95
Australia £93
Republic of Ireland £92
Norway £87
Cyprus £86
Israel £85
Hong Kong £82
Japan £81
Thailand £80
Russia £79
Czech Republic £79
New Zealand £75
Slovakia £68
Hungary £66
South Africa £61
Lithuania £60
Brazil £58
Romania £53
Morocco £53
Turkey £52
Bulgaria £50
Poland £46
Tunisia £46
China £41
Sri Lanka £38
Nigeria £34
Egypt £34
Pakistan £33
India £31

Which generation spends the most on travel abroad?

The planned spend on holidays abroad is, unsurprisingly, higher for the older generations – with the silent generation planning to spend £2,474 in 2023, while generation Z is planning to spend £1,860 and millennials are planning to spend £1,970.

The older generations tend to have more savings and more disposable income than the younger generations, which gives them the freedom to spend.

Generation X is planning to spend more on holidays than baby boomers, however, with £2375 compared to £2230. This may be because many of them have children under 18 to account for when going abroad!

Generation Percent Predicted spend
Gen Z 81% £1,860
Millennials 83% £1,970
Gen X 62% £2,376
Baby Boomers 52% £2,231
Silent Generation 30% £2,474

Which region spends the most on travel abroad?

Our survey found that people in Wales are going to be the biggest spenders on holidays abroad in 2023, with an average planned spend of £2,867 per person. This is double the holiday budget of people in Northern Ireland, where the average person was planning to spend £​​1,393.

Region Predicted spend
Wales 2867
Yorkshire and the Humber 2291
South West 2267
Scotland 2260
South East 2169
Greater London 2129
East Midlands 2128
West Midlands 2054
North West 2005
East of England 1916
North East 1552
Northern Ireland 1393

Sources used

  • ONS
  • BudgetYourTrip
  • Finder commissioned Censuswide in June 2023 to carry out a nationally representative survey of adults aged 18+. A total of 2,000 people were questioned.

Methodology

To find out holiday spending plans for 2023, Finder commissioned Censuswide on 06 June 2023 to carry out a nationally representative survey of adults aged 18+. A total of 2,000 people were questioned throughout Great Britain, with representative quotas for gender, age and region.

Data on the number of Brits planning to travel abroad in 2022 is estimated based on a survey undertaken by the Department for Transport in June 2022, and taken as a percentage of the UK adult population according to the Office for National Statistics (ONS). The average spend per person was then calculated based on ONS data on the total holiday spend abroad by UK residents in 2022.

The average daily spend per country is based on data from the travel website Budget Your Trip, which is updated continually by users with real-life prices, and the most recent daily spend ONS data from 2022. The majority of values were averaged from the two sites. In the few cases when this was not possible, data from ONS or Budget Your Trip was used alone.

Click here for more research. For all media enquiries, please contact:

Matt Mckenna
UK communications manager
T: +44 20 8191 8806
matt.mckenna@finder.com@MichHutchison/in/matthewmckenna2
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