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South Korea's tourism deficit hits record in January on increased outbound tourism

2018-03-06 1 Dailymotion

South Korea's tourism account deficit hit a record high in January,… as more people traveled out of the country than came in.<br /> According to the Bank of Korea, the deficit reached two-point-one-six billion U.S. dollars in the first month of 2018.<br />Nearly three million Koreans traveled abroad in January alone,… up more than 22 percent from the previous year.<br />The number of inbound tourists dropped 22 percent,… despite China's partial lifting of its ban on group tours to South Korea. <br />

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