[Ferry Disaster] Pope sends condolences for S.Korea ferry victims

S. Korea records tourism deficit for 17th straight month in October

S. Korea records tourism deficit for 17th straight month in October

kh close

 

Published : 2013-12-03 10:35
Updated : 2013-12-03 10:35

South Korea recorded a deficit in tourism balance in October, extending its losing streak to 17 months since June last year, data showed Tuesday.

According to the data by the Korea Culture & Tourism Institute, the country's tourism deficit came to $94 million in October.

The spending by foreign tourists visiting the country came to $1.448 billion in October, while South Korean tourists' overseas spending reached $1.542 billion.

Foreign tourist arrivals stood at 1.09 million in the same month, up 6.1 percent from a year ago, with South Korean overseas tourists rising 7.3 percent on-year to 1.24 million.

In the first 10 months of the year, the cumulative deficit in the country's tourism balance reached $3.53 billion, nearing last year's deficit of $3.7 billion.

Given the data from October, market watchers predict that South Korea's tourism balance will remain in the red this year for the 13th consecutive year since 2001. (Yonhap News)



Photo News

기아차 '3세대 카니발' 실제 모습 공개

렉서스 신형 SUV 모습 드러내

사랑이 엄마, '섹시 가슴골' 노출한 과거 화보 보니