Definition: Tourism balance

Category: Tourism

Difference between international tourism receipts andexpenditures. In countries that are basically destinations of international tourism the difference is usually positive (i.e. receipts overcome expenditure). This means that the economy gains from tourism. On the contrary, countries that are mainly generators of international tourism generally show a negative balance (i.e. expenditure overcome receipts). This means that their economy looses from tourism, because expenses made by residents abroad are higher than those made by international tourists in the country. http://ec.europa.eu/eurostat/ramon/coded_files/KS-DS-08-001-EN.pdf