Inbound tourism expenditure over current account credits in Saudi Arabia 2008-2021

Published by Salma Saleh, May 29, 2024
According to data provided by the World Tourism Organization (UNWTO), in 2021, inbound tourism expenditures in Saudi Arabia were equal to 1.5 percent of current account credits, compared to two percent in 2008.

Inbound tourism expenditure as share of current account credits in Saudi Arabia from 2008 to 2021

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Sources

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Release date

October 2022

Region

Saudi Arabia, MENA

Survey time period

2008 to 2021

Supplementary notes

According to the source, the current account credits of the Balance of Payments refer to all inflow of goods, services, income and current transfers into an economy. The larger the share of tourism in this aggregate, the larger is the importance of tourism activity in generating foreign revenue inflows

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