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Argentina Recasts Tourism Dollar Outflows as Central Bank Excludes Digital Purchases

By removing digital services and e‑commerce from travel spending, the new method cuts reported 2025 outflows by roughly 23% and triggers transparency concerns after Tourism moved to defund INDEC surveys.

Overview

  • The Central Bank published disaggregated card-spending data that separates travel, tickets and on‑site purchases from streaming subscriptions and cross‑border e‑commerce.
  • Using the revised breakdown, 2025 tourism outflow estimates fall from US$13.35 billion to US$10.241 billion, with the sector’s balance narrowed from -US$9.983 billion to -US$6.935 billion.
  • The change followed a request from Tourism Secretary Daniel Scioli to Economy Minister Luis Caputo, and officials describe it as the first methodological update in about 15 years.
  • From January 1, 2026, the Tourism Secretariat will stop funding INDEC’s International Tourism Survey and Hotel Occupancy Survey, a move critics say will undercut data continuity and transparency.
  • Minister Federico Sturzenegger defended Argentines traveling abroad, calling them “heroes of the production” and arguing their demand for dollars helps sustain export competitiveness.