International tourism; receipts (% of total exports) in Spain

The International tourism; receipts (% of total exports) in Spain was last reported at 15.61 in 2010, according to a World Bank report released in 2011. The International tourism; receipts (% of total exports) in Spain was 16.92 in 2009, according to a World Bank report, published in 2010. The International tourism; receipts (% of total exports) in Spain was reported at 16.44 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 Spain. Spain's economy is the fifth largest in Europe. Spain is part of the European Union since 1986 which required the country to open its economy to trade and investment. The Spanish economy grew every year from 1994 through 2008 before entering a recession that started in the third quarter of 2008.

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