Koreans' overseas card spending hits record high last year
Overseas card spending by South Koreans hit a record high last year due to increased outbound travelers, the central bank said Tuesday.
Overseas card spending amounted to $14.3 billion in 2016, up 7.8 percent from $13.26 billion in 2015, according to the Bank of Korea.
Overseas card spending includes purchases made with debit and direct payment cards, in addition to credit cards.
The hike was driven by a rise in the number of South Koreans going overseas last year.
Official data showed that 22.38 million South Koreans went abroad last year, up 15.9 percent from a year earlier.
Still, the amount spent with each card fell 11.7 percent on-year to $305, the BOK said.
Meanwhile, card spending by foreign visitors in South Korea increased, though each visitor spent less.
The amount of card spending by non-residents in South Korea came to $10.7 billion last year, up 6.6 percent from a year earlier, according to the central bank.
The number of foreign issued cards used in South Korea jumped 33.8 percent on-year to more than 54 million, but the amount spent on each card plunged 20.4 percent on-year to $198. (Yonhap)
相关文章
I used the Pixel 9 Pro XL in the shower — does the screen work when wet as claimed?
The Pixel 9 Pro XL came out swinging with an impressive set of features that threaten Samsung and Ap2024-09-22Moon says no prerequisites for inter
President Moon Jae-in / Yonhap President Moon Jae-in said Thursday he is willing to hold2024-09-22连南召开2024年春耕备耕暨百亿丝苗米产业高质量发展现场推进会
连南召开2024年春耕备耕暨百亿丝苗米产业高质量发展现场推进会_南方+_南方plus4月8日,连南召开2024年春耕备耕暨百亿丝苗米产业高质量发展现场推进会,研究部署连南瑶族自治县全年粮食生产工作,2024-09-22One dead in unrest at Argentina soccer match
BUENOS AIRES:One person died Thursday following violent clashes that started outside a soccer match2024-09-22Best CPU Deals, AMD vs Intel: Holiday CPU Buying Guide
Earlier this week, we looked at GPU pricing and the market to see what sort of prices would truly co2024-09-22China, Myanmar vow closer ties after Suu Kyi visits Beijing
BEIJING (AP) -- China and Myanmar have pledged to forge closer ties as "blood brothers'' following M2024-09-22
最新评论