Asia Tourism Economy – ASIATERI

Korea Outbound Travel

Year 2024

- Total Korea Outbound Travelers: 28,686,435
Growth (YoY): 26.3%

Year 2025 (~August)

- Total Korea Outbound Travelers: 19,421,133
Growth (YoY): 2.8%

Korea Economic Indicators

In 2025, Korea’s overall economic sentiment shows a gradual but uneven recovery. Business confidence remains cautious, with both actual and outlook CBSI values below 100, though slight improvements suggest stabilization. In contrast, consumer sentiment (CCSI) has risen above 100 since May, reflecting growing optimism in income and spending conditions. The combined economic sentiment indicator (CCESI) also trends upward, signaling improving macroeconomic stability. Strengthened consumer confidence supports the recovery of outbound tourism, while persistent business uncertainty highlights the need for sustained economic stability.