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World’s second-richest nation records tourism receipts of $6.6M in first quarter
Sandy Verma | July 16, 2026 5:24 PM CST

Singapore, ranked the world’s second-richest country by GDP per capita in 2025, collected S$8.6 billion (US$6.6 million) in tourism receipts in the first quarter of 2026, up 5.8% year-on-year.

“The increase in tourism receipts was driven by strong visitor spending, in line with Singapore’s strategy to promote high-quality tourism,” Singapore Tourism Board (STB) said on Wednesday.

International visitor arrivals increased 2.9% year-on-year to 4.4 million in the first quarter of 2026, up from 4.3 million during the same period last year.

Mainland China remained Singapore’s largest source of tourism receipts, generating S$1.3 billion in visitor spending, up 3.4% from a year earlier, The Business Times reported.

The city-state welcomed 913,407 visitors from mainland China during the quarter, a 9.9% increase compared with the same period in 2025.

Tourists pose for photos at the Merlion Park in Singapore, Jan. 28, 2020. Photo by Reuters

Indonesia ranked second, contributing S$719.7 million in tourism receipts despite a 0.5% year-on-year decline.

Australia, the United States and India completed Singapore’s top five tourism spending markets.

Singapore saw a record tourism receipts of S$32.8 billion last year, The Straits Times reported.

STB said macroeconomic uncertainty and capacity constraints are expected to continue weighing on travel demand in the second half of the year.

STB chief executive Melissa Ow said Singapore remains an attractive destination but acknowledged that the tourism sector faces headwinds.



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