Expenditures for travel items of Republic of Korea increased from 7,482 million US dollars in 1996 to 24,958 million US dollars in 2015 growing at an average annual rate of 9.28 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
International tourism expenditures are expenditures of international outbound visitors in other countries. 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 may include expenditures by residents traveling abroad as 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.