Expenditure of tourists from South Korea 2013-2023
In 2023, the total expenditure of tourists from South Korea was estimated to amount to around 22.4 billion U.S. dollars.
Tourism expenditure
The average South Korean tourist was estimated to have spent around 2.6 thousand U.S. dollars per trip in 2022. Monthly surveys conducted by the South Korean government found that travelers with an income of more than six million South Korean won per month spent around 1.36 million won per trip.
Outbound tourism on the rise
In 2019, the number of outbound trips made by South Koreans reached a record of around 28.71 million. This fell sharply after the begin of the coronavirus (COVID-19) pandemic in 2020. With the growing income of South Koreans, and the increased interest in traveling abroad, the number of outbound trips has shown growth throughout the 2010s. The highest number of outbound trips were made by South Koreans in their thirties. Due to the country’s geographical position, the majority of outbound travelers traveled by planes.
Tourism expenditure
The average South Korean tourist was estimated to have spent around 2.6 thousand U.S. dollars per trip in 2022. Monthly surveys conducted by the South Korean government found that travelers with an income of more than six million South Korean won per month spent around 1.36 million won per trip.
Outbound tourism on the rise
In 2019, the number of outbound trips made by South Koreans reached a record of around 28.71 million. This fell sharply after the begin of the coronavirus (COVID-19) pandemic in 2020. With the growing income of South Koreans, and the increased interest in traveling abroad, the number of outbound trips has shown growth throughout the 2010s. The highest number of outbound trips were made by South Koreans in their thirties. Due to the country’s geographical position, the majority of outbound travelers traveled by planes.
