Will 60% or more Americans have a passport by EOY 2025?
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According to recent statements by the US Dept of State "In 1990, only 5% percent of Americans had a passport. Today (2023), that number is 48%."
In 2024 that number reached 51%
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Now that over 50% of USA citizens have passports, I wonder if a bigger share of them will travel internationally.
What subset of people...
considered international travel in the past but changed their mind due to the effort of attaining their passports?
got the passport for domestic flights since laws were changing around ID requirements, which then seeded the idea of international travel?
A ~quarter as of 2023 have not traveled internationally. Might be worth making a market for.
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