Before receipts for travel items of Republic of Korea started to increase to reach a level of 15,285 million US dollars in 2015, it went through a trough reaching a low of 4,731 million US dollars in 1997.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.