International tourism expenditure
International tourism expenditure is defined (by the World Tourism Organization, WTO) as expenditure of outbound visitors in other countries including their payments to foreign carriers for international passenger transport. It also includes any other payments or payments afterwards made for goods and services received in the country of destination. The definition is more extensive than that of the travel expenditure in the Balance of Payments in which international passenger transport is not included.
Validity of the definition
- Valid until (31 December 2078)
- WTO (matkailu)