Colombia - Receipts for travel items in current prices

1,595,000,000 (US dollars) in 2020

Receipts for travel items of Colombia sank by 71.93% from 5,682,000,000 US dollars in 2019 to 1,595,000,000 US dollars in 2020. Since the 14.22% jump in 2018, receipts for travel items plummeted by 71.62% in 2020.

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What is receipts for travel items?

International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.

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What is Colombia receipts for travel items?