The number of foreigners visiting Turkey dropped 38 percent in August, official data showed on Thursday, showing a persistent decline as series of deadly bombings, a failed coup and tensions with Russia kept tourists away.
Tourist arrivals fell 37.96 percent year-on-year in August, with 3.18 million people arriving during the month, data from the Tourism Ministry showed. It was the fourth consecutive month when the tourist numbers dropped more than 30 percent.
Tourism revenues are among the key sources of financing for Turkey's current account deficit and their decline signals more pain for the Turkish economy, which is smarting from slowing exports and weak private investment.
Source: National News Agency