International Tourism, Expenditure (USD) in South Korea

Source: World Bank
Last Updated: January 1, 2021

Expenditure of international tourism reached 34,769 USD mil in 2018 in South Korea, according to Eurostat. This is 0.917 % more than in the previous year.

Historically, expenditure of international tourism in South Korea reached an all time high of 34,769 USD mil in 2018 and an all time low of 4,027 USD mil in 1998. When compared to South Korea's main peers, expenditure of international tourism in China amounted to 277,345 USD mil, 28,096 USD mil in Japan and 5,910 USD mil in Vietnam in 2018.

South Korea has been ranked 11th within the group of 150 countries we follow in terms of expenditure of international tourism, 2 places above the position seen 10 years ago.

International tourism expenditure is the expenditure of international outbound visitors in other countries, including payments to foreign carriers for international transport.

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