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 with no foreign transaction fees! But what is the average person planning to spend on holidays abroad this year?
Average holiday spending: Highlights
In 2024, the average cost of a holiday abroad was £961, up from £894 in 2023.
Brits spent a total of £78.6 billion on trips abroad in 2024, including £53.6 billion on holidays abroad.
Brits spend the most abroad on holidays in Spain, with a total spend of £12.1 billion in 2024.
Switzerland has the highest average daily spend for Brits abroad, at £155 in 2023.
Meanwhile, Brits visiting Russia will spend just £24 a day on average.
What is the average cost of a holiday abroad?
The average cost of a holiday abroad was £961 in 2024, up 7% from a cost of £894 in 2023. Compared to 5 years ago, the cost of a holiday abroad has increased by 30%, going from £739 in 2019 to £961 in 2024.
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UK residents spent £53.6 billion on holidays abroad in 2024, up 8% from £49.8 billion in 2023. The total spent by Brits abroad in 2024 (including non-holiday trips) was £78.6 billion. Other categories for spending abroad include visiting family and friends, where Brits spent £13.2 billion, and business travel, where Brits spent £8 billion.
Brits spent the most money on holidays in Spain in 2024, with UK residents shelling out a total of £12.1 billion here. France came second with £5.3 billion in holiday spending, followed by the USA (£3.5 billion), Greece (£3.4 billion) and Italy (£3 billion).
Sophie Barber is a senior content marketing manager for Finder in the UK. She has over 5 years experience in writing and publishing clear, concise and informative articles that help consumers make informed decisions.
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Kate Steere is an editor and money expert at Finder, specialising in banking, savings and fintech. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run.
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