{"id": 985122, "name": "International expenditure on travel in the country (adjusted for inflation and cost of living)", "unit": "international-$ in 2021 prices", "createdAt": "2024-08-21T17:28:23.000Z", "updatedAt": "2025-03-14T15:15:25.000Z", "coverage": "", "timespan": "1995-2022", "datasetId": 6685, "columnOrder": 0, "shortName": "inbound_ppp_cpi_adj_2021", "catalogPath": "grapher/tourism/2024-08-17/unwto/unwto#inbound_ppp_cpi_adj_2021", "descriptionShort": "This data is adjusted for inflation and differences in the cost of living between countries.", "descriptionProcessing": "The purchasing power parity (PPP) and consumer price index (CPI) are used to adjust the expenditure data for inflation and purchasing power differences. This adjustment allows for a more accurate comparison of expenditure data across different years and countries.", "type": "float", "grapherConfigIdETL": "0191c16a-9270-7c5e-8cb5-bbd4027854b3", "dataChecksum": "7388041197406203722", "metadataChecksum": "307937527522557394", "datasetName": "145 key tourism statistics", "updatePeriodDays": 365, "datasetVersion": "2024-08-17", "nonRedistributable": false, "display": {"unit": "international-$ in 2021 prices", "numDecimalPlaces": 0}, "schemaVersion": 2, "presentation": {"topicTagsLinks": ["Tourism"]}, "descriptionKey": ["Expenditures associated with international visitors are traditionally categorized under the travel item of the Balance of Payments (BOP). For inbound tourism, these expenses are recorded as \"credits\" in the BOP and referred to as \"travel receipts\".", "It's important to note that BOP estimates also include expenditures related to other types of travelers, such as long-term students, patients, border workers, and seasonal workers, which can be substantial in some countries.", "In the context of this specific indicator, adjustments have been made to account for inflation and differences in the cost of living in the destination countries where tourists spend their money.", "To achieve this, the expenditure data has been converted from US dollars to the local currency of each respective country.", "The inflation adjustment is based on the Consumer Price Index (CPI) for the year 2021 specific to each country.", "Finally, the data is expressed in international 2021 US dollars, enabling consistent and comparable analysis across different destinations and time periods.", "Following the adjustment, in countries where the cost of living is lower, the adjusted total expenditure will reflect a higher value.", "This indicates that tourist money holds greater purchasing power in terms of acquiring goods and services, allowing tourists to obtain more with their expenditures in these destinations."], "dimensions": {"years": {"values": [{"id": 1995}, {"id": 1996}, {"id": 1997}, {"id": 1998}, {"id": 1999}, {"id": 2000}, {"id": 2001}, {"id": 2002}, {"id": 2003}, {"id": 2004}, {"id": 2005}, {"id": 2006}, {"id": 2007}, {"id": 2008}, {"id": 2009}, {"id": 2010}, {"id": 2011}, {"id": 2012}, {"id": 2013}, {"id": 2014}, {"id": 2015}, {"id": 2016}, {"id": 2017}, {"id": 2018}, {"id": 2019}, {"id": 2020}, {"id": 2021}, {"id": 2022}]}, "entities": {"values": [{"id": 16, "name": "Albania", "code": "ALB"}, {"id": 23, "name": "Australia", "code": "AUS"}, {"id": 24, "name": "Austria", "code": "AUT"}, {"id": 4, "name": "Belgium", "code": "BEL"}, {"id": 37, "name": "Brazil", "code": "BRA"}, {"id": 39, "name": "Bulgaria", "code": "BGR"}, {"id": 43, "name": "Cameroon", "code": "CMR"}, {"id": 44, "name": "Canada", "code": "CAN"}, {"id": 45, "name": "Cape Verde", "code": "CPV"}, {"id": 172, "name": "Chile", "code": "CHL"}, {"id": 171, "name": "China", "code": "CHN"}, {"id": 170, "name": "Colombia", "code": "COL"}, {"id": 166, "name": "Costa Rica", "code": "CRI"}, {"id": 165, "name": "Croatia", "code": "HRV"}, {"id": 163, "name": "Cyprus", "code": "CYP"}, {"id": 162, "name": "Czechia", "code": "CZE"}, {"id": 161, "name": "Denmark", "code": "DNK"}, {"id": 156, "name": "Estonia", "code": "EST"}, {"id": 155, "name": "Finland", "code": "FIN"}, {"id": 3, "name": "France", "code": "FRA"}, {"id": 152, "name": "Georgia", "code": "GEO"}, {"id": 6, "name": "Germany", "code": "DEU"}, {"id": 149, "name": "Greece", "code": "GRC"}, {"id": 144, "name": "Hong Kong", "code": "HKG"}, {"id": 138, "name": "Hungary", "code": "HUN"}, {"id": 207, "name": "Iceland", "code": "ISL"}, {"id": 137, "name": "India", "code": "IND"}, {"id": 136, "name": "Indonesia", "code": "IDN"}, {"id": 2, "name": "Ireland", "code": "IRL"}, {"id": 133, "name": "Israel", "code": "ISR"}, {"id": 8, "name": "Italy", "code": "ITA"}, {"id": 14, "name": "Japan", "code": "JPN"}, {"id": 122, "name": "Latvia", "code": "LVA"}, {"id": 119, "name": "Lithuania", "code": "LTU"}, {"id": 210, "name": "Luxembourg", "code": "LUX"}, {"id": 118, "name": "Madagascar", "code": "MDG"}, {"id": 212, "name": "Malta", "code": "MLT"}, {"id": 113, "name": "Mexico", "code": "MEX"}, {"id": 110, "name": "Morocco", "code": "MAR"}, {"id": 5, "name": "Netherlands", "code": "NLD"}, {"id": 106, "name": "New Zealand", "code": "NZL"}, {"id": 66, "name": "North Macedonia", "code": "MKD"}, {"id": 102, "name": "Norway", "code": "NOR"}, {"id": 11, "name": "Poland", "code": "POL"}, {"id": 95, "name": "Portugal", "code": "PRT"}, {"id": 92, "name": "Romania", "code": "ROU"}, {"id": 12, "name": "Russia", "code": "RUS"}, {"id": 90, "name": "Saudi Arabia", "code": "SAU"}, {"id": 89, "name": "Senegal", "code": "SEN"}, {"id": 88, "name": "Serbia", "code": "SRB"}, {"id": 86, "name": "Singapore", "code": "SGP"}, {"id": 85, "name": "Slovakia", "code": "SVK"}, {"id": 83, "name": "Slovenia", "code": "SVN"}, {"id": 81, "name": "South Africa", "code": "ZAF"}, {"id": 127, "name": "South Korea", "code": "KOR"}, {"id": 9, "name": "Spain", "code": "ESP"}, {"id": 10, "name": "Sweden", "code": "SWE"}, {"id": 7, "name": "Switzerland", "code": "CHE"}, {"id": 70, "name": "Turkey", "code": "TUR"}, {"id": 1, "name": "United Kingdom", "code": "GBR"}, {"id": 13, "name": "United States", "code": "USA"}, {"id": 60, "name": "Zambia", "code": "ZMB"}]}}, "origins": [{"id": 1250, "title": "145 key tourism statistics", "description": "The United Nations World Tourism Organization (UNWTO) collects data from countries through annual questionnaires that follow the International Recommendations for Tourism Statistics (IRTS 2008) standard, a framework approved by the United Nations. The data covers various aspects of tourism, such as inbound tourism (including arrivals by region, main purpose, and mode of transport, as well as accommodation and tourism expenditure in the country), domestic Tourism (including trips and accommodation), outbound tourism (including departures and tourism expenditure in other countries), tourism industries (such as accommodation in hotels and similar establishments), and employment (including the number of employees in tourism industries).", "producer": "UNWTO", "citationFull": "World Tourism Organization (2024), 145 Key Tourism Statistics, UNWTO, Madrid:\nhttps://www.unwto.org/tourism-statistics/key-tourism-statistics [17-08-2024].", "urlMain": "https://www.unwto.org/tourism-statistics/key-tourism-statistics", "urlDownload": "https://pre-webunwto.s3.eu-west-1.amazonaws.com/s3fs-public/2024-07/unwto-all-data-download_2022.xlsx", "dateAccessed": "2024-08-17", "datePublished": "2024-01-31", "license": {"name": "\u00a9 UNWTO, 92844/14/23"}}, {"id": 1251, "title": "Annual Purchasing Power Parities and exchange rates", "description": "This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics.\n\nFinal consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors", "producer": "OECD", "citationFull": "OECD (2024). OECD Data Explorer. 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