South Korea Tourism Revenues

International tourism receipts, current US dollars.

Tourism Revenues in South Korea decreased to 11.78 USD billion in 2020 from 25.46 USD billion in 2019.

$11.78B
▼ −13.682020 · previous $25.46BAnnual · US$ billion · Source: World Bank — World Development Indicators

South Korea Tourism Revenues — History

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South Korea Tourism Revenues — analysis in simple words

Latest reading

Tourism Revenues in South Korea decreased to 11.78 USD billion in 2020 from 25.46 USD billion in 2019.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2019) it was $25.46B, so the latest figure is $13.68B lower.

Over the past five years the average was $19.69B, with a range from $11.78B to $25.46B. The latest value is below that five-year average.

Historical context

This data series starts in 1995 and has 26 annual observations. The latest reading is higher than 50% of all of them.

The highest value on record is $25.46B (2019) and the lowest is $6.32B (1997). The long-run average is $12.97B.

Compared with other countries

Among 141 economies with recent data, South Korea ranks 13th from the top. The median across all these economies is $0.87B, so South Korea is above the typical country.

Among 14 major economies tracked on this site it ranks 7th.

Within East Asia & Pacific (19 economies with data) it ranks 4th; the regional median is $2.77B.

Statistics

Latest
$11.78B2020
Previous
$25.46B
5-year average
$19.69B
Long-run average
$12.97Bsince 1995
All-time high
$25.46B2019
All-time low
$6.32B1997
Observations
26Annual

Recent Data

PeriodValueChange
2020$11.78B▼ −13.68
2019$25.46B▲ +2.35
2018$23.10B▲ +5.93
2017$17.17B▼ −3.75
2016$20.92B▲ +2.21
2015$18.71B▼ −3.68
2014$22.39B▲ +2.93
2013$19.46B▲ +0.73
2012$18.73B▲ +1.40
2011$17.33B▲ +3.01
2010$14.32B▲ +1.05
2009$13.26B▼ −0.18
2008$13.44B▲ +4.19
2007$9.25B▲ +0.82
2006$8.44B▲ +0.16
2005$8.28B▲ +0.06
2004$8.22B▲ +1.22
2003$7.00B▼ −0.62
2002$7.62B▼ −0.30
2001$7.92B▼ −0.61
2000$8.53B▲ +0.19
1999$8.34B▲ +0.07
1998$8.26B▲ +1.95
1997$6.32B▼ −0.03
1996$6.35B▼ −0.32
1995$6.67B

Tourism Revenues — South Korea vs Peers

Latest available reading for each economy (periods may differ). South Korea highlighted.

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More South Korea indicators

Understanding Tourism Revenues — a simple guide

What it measures

International tourism receipts, current US dollars.

How it is calculated

Spending by international visitors, in US dollars.

Simple example

Hotel stays, meals and tours paid by foreign tourists.

▲ When it is high or rising

Higher receipts strengthen the services balance.

▼ When it is low or falling

Lower receipts reduce foreign-exchange earnings.

Why it matters for the economy and markets

Tourism receipts support the services balance and foreign-exchange earnings.

How to read it

Compare with exports to gauge dependence on tourism.

Data source

World Bank — World Development Indicators (series ST.INT.RCPT.CD), annual data from 1995 to 2020. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current tourism revenues of South Korea?
South Korea tourism revenues was $11.78B in 2020, compared with $25.46B in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest tourism revenues of South Korea?
Since 1995, the highest reading was $25.46B (2019) and the lowest was $6.32B (1997).
What does tourism revenues measure?
International tourism receipts, current US dollars.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.