According to data from World Tourism Organization (UNWTO), in 2021, outbound tourism expenditures as share of current account debits in India amounted to almost 2.3 percent.
Outbound tourism expenditure as share of current account debits in India 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 India from 2008 to 2021 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1012224/india-outbound-tourism-expenditure-over-current-account-debits/
World Tourism Organization (UN Tourism). "Outbound tourism expenditure as share of current account debits in India from 2008 to 2021." Chart. October 14, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1012224/india-outbound-tourism-expenditure-over-current-account-debits/
World Tourism Organization (UN Tourism). (2022). Outbound tourism expenditure as share of current account debits in India from 2008 to 2021. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1012224/india-outbound-tourism-expenditure-over-current-account-debits/
World Tourism Organization (UN Tourism). "Outbound Tourism Expenditure as Share of Current Account Debits in India from 2008 to 2021." Statista, Statista Inc., 14 Oct 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1012224/india-outbound-tourism-expenditure-over-current-account-debits/
World Tourism Organization (UN Tourism), Outbound tourism expenditure as share of current account debits in India from 2008 to 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1012224/india-outbound-tourism-expenditure-over-current-account-debits/ (last visited November 10, 2024)
Outbound tourism expenditure as share of current account debits in India from 2008 to 2021 [Graph], World Tourism Organization (UN Tourism), October 14, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1012224/india-outbound-tourism-expenditure-over-current-account-debits/
