According to the UNWTO, the expenditure of outbound tourism on travel from South Korea in 2021 slightly increased to around 16.7 billion U.S. dollars. Prior to the beginning of the coronavirus (COVID-19) pandemic, the country had seen a steady increase in tourist numbers as well as expenditure. Between 2019 and 2021, travel expenditure fell by around 49 percent.
Annual total expenditure of outbound tourism on travel from South Korea from 1995 to 2021
(in billion U.S. dollars)
Characteristic
Expenditure in billion U.S. dollars
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World Tourism Organization (UN Tourism). (October 14, 2022). Annual total expenditure of outbound tourism on travel from South Korea from 1995 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1340512/south-korea-total-outbound-tourism-expenditure-on-travel/
World Tourism Organization (UN Tourism). "Annual total expenditure of outbound tourism on travel from South Korea from 1995 to 2021 (in billion U.S. dollars)." Chart. October 14, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1340512/south-korea-total-outbound-tourism-expenditure-on-travel/
World Tourism Organization (UN Tourism). (2022). Annual total expenditure of outbound tourism on travel from South Korea from 1995 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1340512/south-korea-total-outbound-tourism-expenditure-on-travel/
World Tourism Organization (UN Tourism). "Annual Total Expenditure of Outbound Tourism on Travel from South Korea from 1995 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Oct 2022, https://www.statista.com/statistics/1340512/south-korea-total-outbound-tourism-expenditure-on-travel/
World Tourism Organization (UN Tourism), Annual total expenditure of outbound tourism on travel from South Korea from 1995 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1340512/south-korea-total-outbound-tourism-expenditure-on-travel/ (last visited July 22, 2024)
Annual total expenditure of outbound tourism on travel from South Korea from 1995 to 2021 (in billion U.S. dollars) [Graph], World Tourism Organization (UN Tourism), October 14, 2022. [Online]. Available: https://www.statista.com/statistics/1340512/south-korea-total-outbound-tourism-expenditure-on-travel/