Tourism Revenues in South Korea increased to 505600 USD Million in August from 496700 USD Million in July of 2020. source: Korea Tourism Organization

Tourism Revenues in South Korea averaged 833738.31 USD Million from 1995 until 2020, reaching an all time high of 2227900 USD Million in March of 2019 and a record low of 326500 USD Million in June of 2003. This page provides - South Korea Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Tourism Revenues - values, historical data and charts - was last updated on October of 2020.

Tourism Revenues in South Korea is expected to be 642000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourism Revenues in South Korea to stand at 970000.00 in 12 months time. In the long-term, the South Korea Tourism Revenues is projected to trend around 1420000.00 USD Million in 2021, according to our econometric models.

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South Korea Tourism Revenues

Actual Previous Highest Lowest Dates Unit Frequency
505600.00 496700.00 2227900.00 326500.00 1995 - 2020 USD Million Monthly
Current Prices, NSA

South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 8880.00 3837.73 13419.36 -4043.46 USD Million [+]
Current Account 6570.00 7450.00 12409.70 -3845.00 USD Million [+]
Current Account to GDP 3.70 4.70 10.70 -10.50 percent [+]
Imports 39170.00 35734.62 48480.62 38.61 USD Million [+]
Exports 48050.00 39572.34 55115.24 14.75 USD Million [+]
External Debt 503055.00 485814.70 503055.00 80766.40 USD Million [+]
Terms of Trade 95.60 94.80 228.10 82.90 points [+]
Capital Flows 4842.90 9587.00 12350.90 -6323.30 USD Million [+]
Foreign Direct Investment 5188027.00 4385466.00 10820073.00 0.00 USD Thousand [+]
Tourism Revenues 505600.00 496700.00 2227900.00 326500.00 USD Million [+]
Tourist Arrivals 68797.00 61012.00 1703495.00 29415.00 [+]
Gold Reserves 104.40 104.40 104.45 13.00 Tonnes [+]
Terrorism Index 0.30 0.29 2.62 0.00 [+]
Weapons Sales 688.00 1066.00 1066.00 7.00 USD Million [+]


South Korea Tourism Revenues
In South Korea, Tourism Revenues refers to the amount of expenditure that international visitor pays for goods and services in the country.