Spending by international visitors while visiting a country … unit in South Korea

South Korea: Spending by international visitors while visiting a country … unit was 0.0117 current US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0117 current US$ per US$ of GDP
Change on year
up 5.4%
World rank
146th
of 191 countries
All-time high
0.0208 current US$ per US$ of GDP
in 1998
All-time low
0.0059 current US$ per US$ of GDP
in 2021
Years of data
30
1995–2024

Spending by international visitors while visiting a country, per unit in South Korea, 1995–2024

0.0050.010.0150.021995200920241995: 0.011 current US$ per US$ of GDP1996: 0.01 current US$ per US$ of GDP1997: 0.011 current US$ per US$ of GDP1998: 0.021 current US$ per US$ of GDP1999: 0.016 current US$ per US$ of GDP2000: 0.014 current US$ per US$ of GDP2001: 0.014 current US$ per US$ of GDP2002: 0.012 current US$ per US$ of GDP2003: 0.01 current US$ per US$ of GDP2004: 0.01 current US$ per US$ of GDP2005: 0.009 current US$ per US$ of GDP2006: 0.008 current US$ per US$ of GDP2007: 0.008 current US$ per US$ of GDP2008: 0.012 current US$ per US$ of GDP2009: 0.013 current US$ per US$ of GDP2010: 0.012 current US$ per US$ of GDP2011: 0.013 current US$ per US$ of GDP2012: 0.014 current US$ per US$ of GDP2013: 0.014 current US$ per US$ of GDP2014: 0.014 current US$ per US$ of GDP2015: 0.012 current US$ per US$ of GDP2016: 0.013 current US$ per US$ of GDP2017: 0.01 current US$ per US$ of GDP2018: 0.013 current US$ per US$ of GDP2019: 0.015 current US$ per US$ of GDP2020: 0.007 current US$ per US$ of GDP2021: 0.006 current US$ per US$ of GDP2022: 0.008 current US$ per US$ of GDP2023: 0.011 current US$ per US$ of GDP2024: 0.012 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2024, spending by international visitors while visiting a country, per unit in South Korea stood at 0.0117 current US$ per US$ of GDP.

That represents a change of up 5.4% on the previous year and down 18.4% over ten years.

Over the whole period, spending by international visitors while visiting a country, per unit in South Korea peaked at 0.0208 current US$ per US$ of GDP in 1998 and was at its lowest, 0.0059 current US$ per US$ of GDP, in 2021.

That places South Korea 146th out of 191 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 30 years of available data.

Spending by international visitors while visiting a country … unit in South Korea, year by year

Annual values for Spending by international visitors while visiting a country, per unit of GDP in South Korea, 1995 to 2024.
Year current US$ per US$ of GDP Change
1995 0.0114 current US$ per US$ of GDP —
1996 0.0101 current US$ per US$ of GDP -11.6%
1997 0.0107 current US$ per US$ of GDP +6.6%
1998 0.0208 current US$ per US$ of GDP +94.0%
1999 0.0162 current US$ per US$ of GDP -22.3%
2000 0.0143 current US$ per US$ of GDP -11.7%
2001 0.0139 current US$ per US$ of GDP -2.3%
2002 0.0117 current US$ per US$ of GDP -16.0%
2003 0.0096 current US$ per US$ of GDP -18.0%
2004 0.01 current US$ per US$ of GDP +3.9%
2005 0.0085 current US$ per US$ of GDP -14.7%
2006 0.0077 current US$ per US$ of GDP -9.6%
2007 0.0076 current US$ per US$ of GDP -1.6%
2008 0.0123 current US$ per US$ of GDP +62.5%
2009 0.0135 current US$ per US$ of GDP +9.6%
2010 0.012 current US$ per US$ of GDP -11.0%
2011 0.0133 current US$ per US$ of GDP +10.5%
2012 0.014 current US$ per US$ of GDP +5.8%
2013 0.0136 current US$ per US$ of GDP -3.3%
2014 0.0144 current US$ per US$ of GDP +6.1%
2015 0.0122 current US$ per US$ of GDP -15.5%
2016 0.0133 current US$ per US$ of GDP +9.0%
2017 0.01 current US$ per US$ of GDP -24.2%
2018 0.0127 current US$ per US$ of GDP +26.1%
2019 0.0145 current US$ per US$ of GDP +14.8%
2020 0.0066 current US$ per US$ of GDP -54.5%
2021 0.0059 current US$ per US$ of GDP -10.9%
2022 0.0083 current US$ per US$ of GDP +41.3%
2023 0.0111 current US$ per US$ of GDP +33.8%
2024 0.0117 current US$ per US$ of GDP +5.4%

South Korea compared with similar countries

  • South Korea's 0.0117 current US$ per US$ of GDP is below the median for high income countries, which is 0.0369 current US$ per US$ of GDP, 32% of the median. (71 countries reporting)
  • South Korea's 0.0117 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.0357 current US$ per US$ of GDP, 33% of the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0138 current US$ per US$ of GDP 0.0101 current US$ per US$ of GDP 0.0208 current US$ per US$ of GDP 5
2000s 0.0109 current US$ per US$ of GDP 0.0076 current US$ per US$ of GDP 0.0143 current US$ per US$ of GDP 10
2010s 0.013 current US$ per US$ of GDP 0.01 current US$ per US$ of GDP 0.0145 current US$ per US$ of GDP 10
2020s 0.0087 current US$ per US$ of GDP 0.0059 current US$ per US$ of GDP 0.0117 current US$ per US$ of GDP 5

Countries ranked near South Korea

  1. 143 Chad 0.0125 current US$ per US$ of GDP compare
  2. 144 Djibouti 0.0125 current US$ per US$ of GDP compare
  3. 145 Mozambique 0.012 current US$ per US$ of GDP compare
  4. 147 Guinea-Bissau 0.0112 current US$ per US$ of GDP compare
  5. 148 Cuba 0.0107 current US$ per US$ of GDP compare
  6. 149 Cameroon 0.0106 current US$ per US$ of GDP compare

See the full ranking of 191 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is spending by international visitors while visiting a country, per unit in South Korea?
Spending by international visitors while visiting a country, per unit in South Korea was 0.0117 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest spending by international visitors while visiting a country, per unit recorded in South Korea?
The highest recorded value was 0.0208 current US$ per US$ of GDP in 1998.
What is the lowest spending by international visitors while visiting a country, per unit recorded in South Korea?
The lowest recorded value was 0.0059 current US$ per US$ of GDP in 2021.
How does South Korea rank for spending by international visitors while visiting a country, per unit?
South Korea ranks 146th out of 191 countries with data for 2024.
Is spending by international visitors while visiting a country, per unit rising or falling in South Korea?
Over the last ten years it is down 18.4%. The long-run trend across the full record is falling.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of Spending by international visitors while visiting a country, per unit of GDP. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country, per unit in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-per-unit-of-gdp/korea-rep/

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How this figure is calculated

Spending by international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by international visitors while visiting a country ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by international visitors while visiting a country, per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
191 places, 4,349 data points, 1995–2024
Last refreshed

Spending by international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.