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
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.
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World Tourism Organization (UN Tourism). (October 14, 2022). Outbound tourism expenditure as share of current account debits in Saudi Arabia from 2008 to 2021 [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1020391/saudi-arabia-outbound-tourism-expenditure-over-current-account-debit/
World Tourism Organization (UN Tourism). "Outbound tourism expenditure as share of current account debits in Saudi Arabia from 2008 to 2021." Chart. October 14, 2022. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1020391/saudi-arabia-outbound-tourism-expenditure-over-current-account-debit/
World Tourism Organization (UN Tourism). (2022). Outbound tourism expenditure as share of current account debits in Saudi Arabia from 2008 to 2021. Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1020391/saudi-arabia-outbound-tourism-expenditure-over-current-account-debit/
World Tourism Organization (UN Tourism). "Outbound Tourism Expenditure as Share of Current Account Debits in Saudi Arabia from 2008 to 2021." Statista, Statista Inc., 14 Oct 2022, https://www.statista.com/statistics/1020391/saudi-arabia-outbound-tourism-expenditure-over-current-account-debit/
World Tourism Organization (UN Tourism), Outbound tourism expenditure as share of current account debits in Saudi Arabia from 2008 to 2021 Statista, https://www.statista.com/statistics/1020391/saudi-arabia-outbound-tourism-expenditure-over-current-account-debit/ (last visited November 01, 2024)
Outbound tourism expenditure as share of current account debits in Saudi Arabia from 2008 to 2021 [Graph], World Tourism Organization (UN Tourism), October 14, 2022. [Online]. Available: https://www.statista.com/statistics/1020391/saudi-arabia-outbound-tourism-expenditure-over-current-account-debit/
