Republic of Korea - International tourism expenditures in current prices

16,705,000,000 (US dollars) in 2020

Republic of Korea tourism expenditures was at level of 16,705 million US dollars in 2020, down from 35,339 million US dollars previous year, this is a change of 52.73%.

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What is tourism expenditures?

International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.

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What is Republic of Korea tourism expenditures?