Inbound tourism spending relative to current account credits in Russia 2010-2021

Published by A. Melkadze, Oct 1, 2024
The share of inbound tourism expenditure relative to current account credits in Russia reached one percent in 2021, having dropped from 1.4 percent in the previous year. Over the time period under consideration, the rate was at its highest in 2016 at 3.4 percent.

Inbound tourism expenditure relative to current account credits in Russia from 2010 to 2021

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Sources

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Release date

October 2022

Region

Russia

Survey time period

2010 to 2021

Supplementary notes

The source defines current account credits (of the balance of payments) as all inflow of goods, service, transfers, and income into the economy. Therefore, the larger the share of the inbound tourism expenditure in current account credits, the greater its role in generating foreign revenues.

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