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Tourism receipts as a share of total exports

(%)

In 2017, tourism receipts as a share of exports in Grenada was 85.4 %. In the ranking by tourism receipts as a share of exports including 153 countries, Grenada has the 74th rank that is close to the positions of such countries as El Salvador and the Djibouti. Compared to Australia which at the top of the ranking with tourism receipts as a share of exports of 14.8 % in 2017, Grenada has 475.89 % percent higher tourism receipts as a share of exports.

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What is tourism receipts as a share of exports?

International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Their share in exports is calculated as a ratio to exports of goods and services, which comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.