Venezuela (Bolivarian Republic of) - Tourism expenditures as a share of total imports

11.3 (%) in 2016

In 2016, tourism expenditures as a share of total imports for Venezuela (Bolivarian Republic of) was 11.3 %. Though Venezuela (Bolivarian Republic of) tourism expenditures as a share of total imports fluctuated substantially in recent years, it tended to decrease through 1997 - 2016 period ending at 11.3 % in 2016.

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What is tourism expenditures as a share of total imports?

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. Their share in imports is calculated as a ratio to imports 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 nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.

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What is Venezuela (Bolivarian Republic of) tourism expenditures as a share of total imports?