In 2016, expenditures for travel items for Republic of Korea was 26,642 million US dollars. Expenditures for travel items of Republic of Korea increased from 6,988 million US dollars in 1997 to 26,642 million US dollars in 2016 growing at an average annual rate of 9.98 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
International tourism expenditures are expenditures of international outbound visitors in other countries. 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 may include expenditures by residents traveling abroad as 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.
In this data brief, you will find datasets widely used by industry professionals around the world to analyze international tourist flows, expenditures, impact on local economies and more. Download the PDF for one-click access to critical data and dashboards.