International tourism; receipts (% of total exports) in South Africa

The International tourism; receipts (% of total exports) in South Africa was last reported at 10.34 in 2010, according to a World Bank report released in 2011. The International tourism; receipts (% of total exports) in South Africa was 11.05 in 2009, according to a World Bank report, published in 2010. The International tourism; receipts (% of total exports) in South Africa was reported at 9.28 in 2008, according to the World Bank. International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Their share in exports is calculated as a ratio to exports of goods and services, which comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.This page includes a historical data chart, news and forecasts for International tourism; receipts (% of total exports) in South Africa. South Africa has a two-tiered economy; one rivaling other developed countries and the other with only the most basic infrastructure. It is therefore a productive and industrialized economy that exhibits many characteristics associated with developing countries, including a division of labor between formal and informal sectors and an uneven distribution of wealth and income. The primary sector, based on manufacturing, services, mining, and agriculture, is well developed.

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