South Korea vs United Kingdom: International Tourism Expenditures Comparison

Compare International Tourism Expenditures (Current US$) of South Korea and United Kingdom over time using official World Bank Open Data.

⚡ Quick Comparison Summary

In 2020, United Kingdom recorded International Tourism Expenditures (Current US$) of $41.46B vs $16.70B for South Korea (United Kingdom's International Tourism Expenditures is 2.5× larger than South Korea's.).

🇰🇷 South Korea
$16.70B
+140.5% since 1995
🇬🇧 United Kingdom
$41.46B
+34.8% since 1995
⚖️ Scale Ratio
2.5×
Gap: $24.75B
International Tourism Expenditures (Current US$)
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South Korea vs United Kingdom All Annual Observations (1995 – 2020)

Complete annual observations of International Tourism Expenditures (Current US$) for South Korea and United Kingdom reported by World Bank.

Year 🇰🇷 South Korea International Tourism Expenditures 🇬🇧 United Kingdom International Tourism Expenditures United Kingdom : South Korea Ratio
2020 $16.70B No data
2019 $35.34B No data
2018 $38.02B No data
2017 $34.45B No data
2016 $29.82B No data
2015 $27.96B No data
2014 $26.14B No data
2013 $24.46B No data
2012 $22.93B No data
2011 $22.20B No data
2010 $20.79B No data
2009 $16.36B No data
2008 $21.45B No data
2007 $24.43B No data
2006 $20.95B No data
2005 $16.92B No data
2004 $13.51B No data
2003 $11.06B No data
2002 $11.44B No data
2001 $8.35B No data
2000 $7.95B No data
1999 $5.55B No data
1998 $4.03B $41.46B 10.30×
1997 $8.04B $35.95B 4.47×
1996 $8.29B $32.30B 3.90×
1995 $6.95B $30.75B 4.43×

International Tourism Expenditures Comparison

Current Leader: In 2020, United Kingdom recorded International Tourism Expenditures of $41.46B, while South Korea recorded $16.70B, representing a scale ratio of ~2.5×.
1995 Baseline: South Korea stood at $6.95B and United Kingdom stood at $30.75B.
1995–2020 Trajectory: South Korea moved to $16.70B (+140.5% since 1995), while United Kingdom moved to $41.46B (+34.8% since 1995).
Compound Annual Growth Rate (CAGR): From 1995 to 2020, South Korea's International Tourism Expenditures expanded at ~3.6% CAGR, while United Kingdom's expanded at ~10.5% CAGR.

Historical Trends

Over the available reporting period from 1995 to 2020, South Korea and United Kingdom followed distinct developmental paths. In 1995, South Korea recorded $6.95B compared to $30.75B for United Kingdom. By 2020, the values evolved to $16.70B and $41.46B respectively.

Key Differences

Absolute Gap: Difference in 2020 is $24.75B.
Scale Ratio: United Kingdom is 2.5× size of South Korea.
Highest Observed Year: Peak observed was $41.46B (United Kingdom in 2020).
Growth Trajectory: Since 1995, South Korea achieved +140.5% since 1995, while United Kingdom achieved +34.8% since 1995.

About International Tourism Expenditures (Current US$)

Expenditures of international outbound visitors in other countries.

This comparison uses standardized data from World Bank Open Data. Historical records allow analysts to trace long-term development trajectories for South Korea and United Kingdom.

Frequently Asked Questions — International Tourism Expenditures

What is the International Tourism Expenditures of South Korea?

In 2020, South Korea's International Tourism Expenditures was $16.70B according to official World Bank data.

What is the International Tourism Expenditures of United Kingdom?

In 1998, United Kingdom's International Tourism Expenditures was $41.46B according to official World Bank data.

Which country has a higher International Tourism Expenditures?

In 2020, United Kingdom recorded a higher International Tourism Expenditures of $41.46B compared to South Korea's $16.70B (a difference of $24.75B).

How has International Tourism Expenditures changed over time for South Korea and United Kingdom?

From 1995 to 2020, South Korea's International Tourism Expenditures changed by +140.5% since 1995, while United Kingdom's changed by +34.8% since 1995.

Explore South Korea vs United Kingdom Interactively

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South Korea vs United Kingdom International Tourism Arrivals South Korea vs United Kingdom International Tourism Receipts

Data Source and Methodology

Source: World Bank Open Data. Indicator Code: ST.INT.XPND.CD (International Tourism Expenditures (Current US$)). Values represent annual international tourism expenditures (current us$) for South Korea and United Kingdom from 1995 through 2020. Missing reporting years are omitted without converting missing values to zero.