South Korea Tourist Arrivals - Forecast

Tourist Arrivals in South Korea is expected to be 1710000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourist Arrivals in South Korea to stand at 1067300.00 in 12 months time. In the long-term, the South Korea Tourist Arrivals is projected to trend around 2890000.00 in 2020, according to our econometric models.


South Korea Tourist Arrivals
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South Korea Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 6611 8767 5453 7200 5350 1800
Exports 50060 48900 49574 48100 49378 50800
Imports 43449 40133 44121 40900 44028 49000
Current Account 5180 8700 5709 10680 6466 9010
Current Account to GDP 5.6 6.2 6.2 6.2 6.1 5.8
External Debt 418824 380000 423674 456000 421901 461000
Terms of Trade 100 106 107 107 110 101
Foreign Direct Investment 4934000 7218087 5910932 8370000 6236257 9040000
Capital Flows 4218 12117 -9052 12300 4249 14800
Tourism Revenues 1393700 1500000 1272312 1600000 1260742 1920000
Tourist Arrivals 1366100 1710000 1072000 2420000 1067300 2890000
Gold Reserves 104 104 104 104 104 104
Terrorism Index 0.61 0.2 0.7 0.2 0.72 0.25
Weapons Sales 587 220 587 220 587 260