As per the latest Travel & Tourism (T&T) Competitiveness Report released by the World Economic Forum, Peru is amongst the ten most competitive Latin American countries in the travel and tourism sector. The top ten nations are Mexico, Brazil, Panama, Costa Rica, Chile, Argentina, Peru, Ecuador, Barbados and Colombia.
Peru has been ranked seventh out of 18 countries in this group and reached the 51st position in the global rankings, rising seven places from the 2015 report (58th).
The majority of the countries in the region, according to the WEF document, rely on rich natural resources and good hospitality (tourism service infrastructure) to appeal to tourists and they tend to be internationally open.
The Americas are the macro-region with the second most improved TTCI performance at the aggregate level, just behind Asia-Pacific.
The overall Travel & Tourism Competitiveness Index 2017 is topped by Spain, France, Germany, Japan, United Kingdom, United States, Australia, Italy, Canada and Switzerland.
Mexico (22nd) is the most visited country in the region attracting over 32 million foreign visitors a year.