World - Receipts for travel items in current prices

1,465,469,366,266 (US dollars) in 2019

In 2019, receipts for travel items for World was 1,465,469 million US dollars. Receipts for travel items of World increased from 498,881 million US dollars in 2000 to 1,465,469 million US dollars in 2019 growing at an average annual rate of 6.03%.

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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 World receipts for travel items?