Australia - Tourism receipts as a share of total exports

8.7 (%) in 2020

In 2020, tourism receipts as a share of exports for Australia was 8.7 %. Though Australia tourism receipts as a share of exports fluctuated substantially in recent years, it tended to decrease through 2001 - 2020 period ending at 8.7 % in 2020.

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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.

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What is Australia tourism receipts as a share of exports?