Least developed countries: UN classification | International tourism, receipts (current US$)
International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars. Development relevance: Tourism is officially recognized as a directly measurable activity, enabling more accurate analysis and more effective policy. Whereas previously the sector relied mostly on approximations from related areas of measurement (e.g. Balance of Payments statistics), tourism today possesses a range of instruments to track its productive activities and the activities of the consumers that drive them: visitors (both tourists and excursionists). An increasing number of countries have opened up and invested in tourism development, making tourism a key driver of socio-economic progress through export revenues, the creation of jobs and enterprises, and infrastructure development. As an internationally traded service, inbound tourism has become one of the world's major trade categories. For many developing countries it is one of the main sources of foreign exchange income and a major component of exports, creating much needed employment and development opportunities. Limitations and exceptions: Tourism can be either domestic or international. The data refers to international tourism, where the traveler's country of residence differs from the visiting country. International tourism consists of inbound (arrival) and outbound (departures) tourism. The data are from the World Tourism Organization (WTO), a United Nations agency. The data on inbound and outbound tourists refer to the number of arrivals and departures, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. The data on inbound tourism show the arrivals of nonresident tourists (overnight visitors) at national borders. When data on international tourists are unavailable or incomplete, the data show the arrivals of international visitors, which include tourists, same-day visitors, cruise passengers, and crew members. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. Expenditure associated with the activity of international visitors has been traditionally identified with the travel item of the Balance of Payments (BOP): in the case of inbound tourism, those expenditures associated with inbound visitors are registered as "credits" in the BOP and refers to "travel receipts". The 2008 International Recommendations for Tourism Statistics consider that "tourism industries and products" includes transport of passengers. Consequently, a better estimate of tourism-related expenditure by inbound and outbound visitors in an international scenario would be, in terms of the BOP, the value of the travel item plus that of the passenger transport item. Nevertheless, users should be aware that BOP estimates include, in addition to expenditures associated to visitors, those related to other types of travelers (these might be substantial in some countries; for instance, long-term students or patients, border and seasonal workers, etc.). Also data on expenditure by main purpose of the trip are BOP data. Statistical concept and methodology: Inbound tourism expenditures may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Their share in exports is calculated as a ratio to exports of goods and services (all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services). Statistical information on tourism is based mainly on data on arrivals and overnight stays along with balance of payments information. These data do not completely capture the economic phenomenon of tourism or provide the information needed for effective public policies and efficient business operations. Data are needed on the scale and significance of tourism. Information on the role of tourism in national economies is particularly deficient. Although the World Tourism Organization (WTO) reports progress in harmonizing definitions and measurement, differences in national practices still prevent full comparability. The World Tourism Organization is improving its coverage of tourism expenditure data, using balance of payments data from the International Monetary Fund (IMF) supplemented by data from individual countries. These data include travel and passenger transport items as defined in the IMF's Balance of Payments. When the IMF does not report data on passenger transport items, expenditure data for travel items are shown. The aggregates are calculated using the World Bank's weighted aggregation methodology and differ from the World Tourism Organization's aggregates.
Publisher
The World Bank
Origin
Least developed countries: UN classification
Records
63
Source
Least developed countries: UN classification | International tourism, receipts (current US$)
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2639181882.3307 1995
2820080916.3159 1996
2651978627.4965 1997
2910542299.8821 1998
3238256831.212 1999
3227514900.1399 2000
3743451774.2519 2001
4102993818.8303 2002
4297498413.6578 2003
5384394659.6462 2004
6208352642.0196 2005
7204095806.3108 2006
9233534531.1694 2007
10906897664.493 2008
11039707644.978 2009
12341231333.798 2010
14414479462.952 2011
16578249162.937 2012
18979582440.827 2013
21096261687.675 2014
20150891370.973 2015
20172369303.044 2016
21500887186.333 2017
24732461286.566 2018
26746319783.489 2019
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Least developed countries: UN classification | International tourism, receipts (current US$)
International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars. Development relevance: Tourism is officially recognized as a directly measurable activity, enabling more accurate analysis and more effective policy. Whereas previously the sector relied mostly on approximations from related areas of measurement (e.g. Balance of Payments statistics), tourism today possesses a range of instruments to track its productive activities and the activities of the consumers that drive them: visitors (both tourists and excursionists). An increasing number of countries have opened up and invested in tourism development, making tourism a key driver of socio-economic progress through export revenues, the creation of jobs and enterprises, and infrastructure development. As an internationally traded service, inbound tourism has become one of the world's major trade categories. For many developing countries it is one of the main sources of foreign exchange income and a major component of exports, creating much needed employment and development opportunities. Limitations and exceptions: Tourism can be either domestic or international. The data refers to international tourism, where the traveler's country of residence differs from the visiting country. International tourism consists of inbound (arrival) and outbound (departures) tourism. The data are from the World Tourism Organization (WTO), a United Nations agency. The data on inbound and outbound tourists refer to the number of arrivals and departures, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. The data on inbound tourism show the arrivals of nonresident tourists (overnight visitors) at national borders. When data on international tourists are unavailable or incomplete, the data show the arrivals of international visitors, which include tourists, same-day visitors, cruise passengers, and crew members. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. Expenditure associated with the activity of international visitors has been traditionally identified with the travel item of the Balance of Payments (BOP): in the case of inbound tourism, those expenditures associated with inbound visitors are registered as "credits" in the BOP and refers to "travel receipts". The 2008 International Recommendations for Tourism Statistics consider that "tourism industries and products" includes transport of passengers. Consequently, a better estimate of tourism-related expenditure by inbound and outbound visitors in an international scenario would be, in terms of the BOP, the value of the travel item plus that of the passenger transport item. Nevertheless, users should be aware that BOP estimates include, in addition to expenditures associated to visitors, those related to other types of travelers (these might be substantial in some countries; for instance, long-term students or patients, border and seasonal workers, etc.). Also data on expenditure by main purpose of the trip are BOP data. Statistical concept and methodology: Inbound tourism expenditures may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Their share in exports is calculated as a ratio to exports of goods and services (all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services). Statistical information on tourism is based mainly on data on arrivals and overnight stays along with balance of payments information. These data do not completely capture the economic phenomenon of tourism or provide the information needed for effective public policies and efficient business operations. Data are needed on the scale and significance of tourism. Information on the role of tourism in national economies is particularly deficient. Although the World Tourism Organization (WTO) reports progress in harmonizing definitions and measurement, differences in national practices still prevent full comparability. The World Tourism Organization is improving its coverage of tourism expenditure data, using balance of payments data from the International Monetary Fund (IMF) supplemented by data from individual countries. These data include travel and passenger transport items as defined in the IMF's Balance of Payments. When the IMF does not report data on passenger transport items, expenditure data for travel items are shown. The aggregates are calculated using the World Bank's weighted aggregation methodology and differ from the World Tourism Organization's aggregates.
Publisher
The World Bank
Origin
Least developed countries: UN classification
Records
63
Source