Spending by international visitors while visiting a country in South Korea
South Korea: Spending by international visitors while visiting a country was 22.00 billion in 2024. ▲ Rising
Latest (2024)
22.00 billion
Change on year
up 7.2%
World rank
27th
of 203 countries
All-time high
25.46 billion
in 2019
All-time low
6.32 billion
in 1997
Years of data
30
1995–2024
Spending by international visitors while visiting a country in South Korea, 1995–2024
Source: Our World in Data.
Analysis
South Korea recorded 22.00 billion for spending by international visitors while visiting a country in 2024.
The figure is up 7.2% on the previous year and down 1.7% over ten years.
Over the whole period, spending by international visitors while visiting a country in South Korea peaked at 25.46 billion in 2019 and was at its lowest, 6.32 billion, in 1997.
That places South Korea 27th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Spending by international visitors while visiting a country in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 6.67 billion | — |
| 1996 | 6.35 billion | -4.8% |
| 1997 | 6.32 billion | -0.5% |
| 1998 | 8.26 billion | +30.8% |
| 1999 | 8.34 billion | +0.9% |
| 2000 | 8.53 billion | +2.3% |
| 2001 | 7.92 billion | -7.2% |
| 2002 | 7.62 billion | -3.8% |
| 2003 | 7.00 billion | -8.1% |
| 2004 | 8.22 billion | +17.4% |
| 2005 | 8.28 billion | +0.7% |
| 2006 | 8.44 billion | +1.9% |
| 2007 | 9.25 billion | +9.7% |
| 2008 | 13.44 billion | +45.3% |
| 2009 | 13.26 billion | -1.3% |
| 2010 | 14.31 billion | +7.9% |
| 2011 | 17.33 billion | +21.1% |
| 2012 | 18.73 billion | +8.1% |
| 2013 | 19.46 billion | +3.9% |
| 2014 | 22.39 billion | +15.1% |
| 2015 | 18.71 billion | -16.4% |
| 2016 | 20.92 billion | +11.8% |
| 2017 | 17.17 billion | -17.9% |
| 2018 | 23.10 billion | +34.5% |
| 2019 | 25.46 billion | +10.2% |
| 2020 | 11.52 billion | -54.7% |
| 2021 | 11.43 billion | -0.8% |
| 2022 | 14.97 billion | +30.9% |
| 2023 | 20.53 billion | +37.2% |
| 2024 | 22.00 billion | +7.2% |
South Korea compared with similar countries
- South Korea's 22.00 billion is above the median for high income countries, which is 6.08 billion, 3.6× the median. (73 countries reporting)
- South Korea's 22.00 billion is above the median for East Asia & Pacific, which is 913.53 million, 24.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.19 billion | 6.32 billion | 8.34 billion | 5 |
| 2000s | 9.20 billion | 7.00 billion | 13.44 billion | 10 |
| 2010s | 19.76 billion | 14.31 billion | 25.46 billion | 10 |
| 2020s | 16.09 billion | 11.43 billion | 22.00 billion | 5 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 31.73 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 880.21 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 12,007 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 6,875 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 2,038 (2050)
Frequently asked questions
- What is spending by international visitors while visiting a country in South Korea?
- Spending by international visitors while visiting a country in South Korea was 22.00 billion in 2024, according to Our World in Data.
- What is the highest spending by international visitors while visiting a country recorded in South Korea?
- The highest recorded value was 25.46 billion in 2019.
- What is the lowest spending by international visitors while visiting a country recorded in South Korea?
- The lowest recorded value was 6.32 billion in 1997.
- How does South Korea rank for spending by international visitors while visiting a country?
- South Korea ranks 27th out of 203 countries with data for 2024.
- Is spending by international visitors while visiting a country rising or falling in South Korea?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Spending by international visitors while visiting a country. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).