Data available for Latin-American and Caribbean Countries since 1980-2017
Expenditure associated with the activity of visitors has been traditionally identified with the travel item of the Balance of Payments (BOP): in the case of outbound tourism, those expenditures associated with resident visitors are registered as “debits” in the BOP and refers to “travel expenditure”.
As in the case of inbound tourism, BOP data are used. A better estimate of tourism-related expenditures data by resident and non-resident visitors in an international scenario would be, in terms of the BOP, the value of the travel item plus that of the passenger transport item. Nevertheless, users should be aware that BOP estimates include, in addition to expenditures associated with visitors, those related to other types of travelers.
Likewise, data on expenditure by main purpose of the trip are BOP data. The data published correspond to those published by the International Monetary Fund (IMF) (and provided by the Central Banks) ; in the case of a significant difference with data provided to UNWTO by National Tourism Administrations (NTAs) for the preparation of this Compendium, the NTA data will be given separately in the “Country notes”.
Visit website (for outbound tourism expenditure) and Visit website (for outbound tourism expenditure over gross domestic product)