Britain is on course for a record inbound tourism spend in 2013, latest figures show.

Results suggest Britain needs £700 million of tourist spend in December 2013 in order to hit a record £20bn total, a sum never before reached in one calendar year.

According to VisitBritain, this will be “highly likely” as the average December spend has been around £1.3bn over the last five years.

It also looks to have been a record breaker in other aspects of tourism, according to Office of National Statistics figures released this week. So far, Britain has already seen full year records broken when only counting counting the 11 months from January to November 2013. These include spend at £19.3 billion compared to £18.6 billion in 2012. 12.02 million holiday visits compared to 12.01 million in 2011; and 4.86 million rest of World visits versus 4.74 million in 2012.

“For 2013 to be the best year in inbound history, we’d need to see a record December for visits, but it’s a certainty we’ll see record levels for spend,” said Sandie Dawe, VisitBritain chief executive.