Countries spending the most on international tourism

Some nationalities are spending billions of dollars every year on tourism, which is one of the biggest industries in the world.

Let's take a look at biggest spenders on foreign travels.

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China

Expenditure on international tourism (2012): $102 billion

Expenditure on international tourism (2011): $72.6 billion

Year-on-year change in local currency: 37.2 per cent

Market share (2012): 9.5 per cent

Population (2012): 1.35 billion

Expenditure per capita: $75

Overall rank: 1

China, the fastest growing economy in the world, is spending the most on overseas tourism.

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Germany

Expenditure on international tourism (2012): $83.8 billion

Expenditure on international tourism (2011): $85.9 billion

Year-on-year change in local currency: 5.8 per cent

Market share (2012): 7.8 per cent

Population (2012): 82 million

Expenditure per capita: $1,023

Overall rank: 2

Germany, the economic powerhouse of Europe, is one of the biggest spenders on foreign trips.

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United States

Expenditure on international tourism (2012): $83.5 billion

Expenditure on international tourism (2011): $78.2 billion

Year-on-year change in local currency: 6.7 per cent

Market share (2012): 7.8 per cent

Population (2012): 314 million

Expenditure per capita: $266

Overall rank: 3

United States, the biggest economy in the world, spends more than $83 billion on foreign trips every year.

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United Kingdom

Expenditure on international tourism (2012): $52.3 billion

Expenditure on international tourism (2011): $51.0 billion

Year-on-year change in local currency: 4.1 per cent

Market share (2012): 4.9 per cent

Population (2012): 63 million

Expenditure per capita: $828

Overall rank: 4

United Kingdom, one of the biggest financial centres in the world, is a major spender on overseas visits.

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Russia

Expenditure on international tourism (2012): $42.8 billion

Expenditure on international tourism (2011): $32.9 billion

Year-on-year change in local currency: 36.5 per cent

Market share (2012): 4.0 per cent

Population (2012): 142 million

Expenditure per capita: $302

Overall rank: 5

Russia, which has one of the biggest oil and gas reserves in the world, saw more than 36 per cent growth in overseas spending.

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France

Expenditure on international tourism (2012): $37.2 billion

Expenditure on international tourism (2011): $44.1 billion

Year-on-year change in local currency: Down 8.7 per cent

Market share (2012): 3.5 per cent

Population (2012): 63 million

Expenditure per capita: $586

Overall rank: 6

France, one of the biggest tourist destinations in the world, witnessed a decline of about nine per cent in spending on overseas trips.

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Canada

Expenditure on international tourism (2012): $35.1 billion

Expenditure on international tourism (2011): $33.3 billion

Year-on-year change in local currency: 6.2 per cent

Market share (2012): 3.3 per cent

Population (2012): 35 million

Expenditure per capita: $1,007

Overall rank: 7

Canada, one of the richest countries in the world, is a big spender based on per capita expenditure.

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Japan

Expenditure on international tourism (2012): $27.9 billion

Expenditure on international tourism (2011): $27.2 billion

Year-on-year change in local currency: 2.4 per cent

Market share (2012): 2.6 per cent

Population (2012): 128 million

Expenditure per capita: $218

Overall rank: 8

Japan, one of the biggest exporters in the world, is famous for high spending and love of travel.

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Australia

Expenditure on international tourism (2012): $27.6 billion

Expenditure on international tourism (2011): $26.7 billion

Year-on-year change in local currency: 2.9 per cent

Market share (2012): 2.6 per cent

Population (2012): 23 million

Expenditure per capita: $1,210

Overall rank: 9

Australia, which has one of the biggest reserves of minerals, is the highest spender on foreign trips based on per capita expenditure.

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Italy

Expenditure on international tourism (2012): $26.4 billion

Expenditure on international tourism (2011): $28.7 billion

Year-on-year change in local currency: Down 0.3 per cent

Market share (2012): 2.5 per cent

Population (2012): 61 million

Expenditure per capita: $433

Overall rank: 10

Italy, which was hit hard by the 2008 global economic crisis, has seen a decline in spending on foreign visits.