Indian Economy News

Foreign tourist arrivals show an increase of 6.8% in Dec 2014 over Dec 2013

New Delhi: FEEs in US $ terms grow by 5.9 during same period

Ministry of Tourism compiles monthly estimates of Foreign Tourist Arrivals (FTAs) on the basis of data received from major ports and Foreign Exchange Earnings (FEEs) from tourism on the basis of data available from Reserve Bank of India. The following are the important highlights regarding FTAs and FEEs from tourism during the month of December 2014.

Foreign Tourist Arrivals (FTAs):

  • FTAs during the Month of December 2014 was 8.77 lakh as compared to FTAs of 8.22 lakh during the month of December 2013 and 7.53 lakh in December 2012
    • There has been a growth of 6.8% in December 2014 over December 2013.
    • FTAs during the period January- December 2014 were 74.62 lakh with a growth of 7.1%, as compared to the FTAs of 69.68 lakh with a growth of 5.9% during January- December 2013 over the corresponding period of 2012.
    • The percentage share of Foreign Tourist Arrivals (FTAs) in India during December 2014 among the top 15 source countries was highest from USA (17.62%), followed by UK (11.44%), Bangladesh (10.22%), Canada (4.81%), Australia (4.75%), Russian Federation (3.91%), Malaysia (3.65%), Germany (2.58%), Sri Lanka (2.54%), China (2.25%), Japan (2.21%), France (2.19%), Singapore (2.11%), Pakistan (1.94%) and Thailand(1.62%).

Foreign Exchange Earnings (FEEs) from Tourism in Indian rupee terms and US$ terms

  • FEEs during the month of December 2014 were Rs.12,875 crore as compared to Rs.11,994 crore in December 2013 and Rs.10,549 crore in December 2012.
    • The growth rate in FEEs in rupee terms in December 2014 over December 2013 was 7.3%.
    • FEEs from tourism in rupee terms during January- December 2014 were Rs.1,20,083 crore with a growth of 11.5%, as compared to the FEE of Rs.1,07,671 crore with a growth of 14.0% during January- December 2013 over the corresponding period of 2012.
  • FEEs in US$ terms during the month of December 2014 were US$ 2.051 billion as compared to FEEs of US$ 1.936 billion during the month of December 2013 and US$ 1.931 billion in December 2012.
    • The growth rate in FEEs in US$ terms in December 2014 over December 2013 was growth of 5.9% compared to a growth of 0.3% in December 2013 over December 2012.
    • FEE from tourism in terms of US$ during January- December 2014 were US$ 19.657 billion with a growth of 6.6%, as compared to US$ 18.445 billion with a growth of 4.0% during January- December 2013 over the corresponding period of 2012.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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