Outbound tourism expenditure over current account debit Saudi Arabia 2008-2021

Published by Salma Saleh, May 29, 2024
According to the data provided by the World Tourism Organization (UNWTO), in 2021, the outbound tourism expenditures accounted for about 4.9 percent share of current account debit in Saudi Arabia. This was a decrease compared to 6.1 percent in 2019 prior to the COVID-19 outbreak.

Outbound tourism expenditure as share of current account debits 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 debits of the Balance of Payments refer to all outflows of goods, services, income and current transfers from an economy to the rest of the world. The larger the share of tourism in this aggregate, the larger is the importance of tourism activity in the leakage of domestic revenue.

Values have been rounded.

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