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Sk18.9 bn earned from tourism Jan-May 07

For the first five months of 2007, Slovakia brought in Sk18.9 billion from foreign tourism, an increase of 11.1 percent year-on-year, the Economy Ministry reported on August 1 based on preliminary data provided by the National Bank of Slovakia (NBS).

Meanwhile, the foreign currency expenditures of Slovaks increased by 21.4 percent to reach Sk13.72 billion. In this January-May period, the share of individual tourism in foreign currency incomes represented 95.3 percent, while organized tourism represented 4.2 percent, and non-banking exchange offices 0.5 percent.

As much as 82.1 percent of the overall volume of foreign currency expenses were created by individual tourism, followed by organized tours on 12 percent, and working trips abroad 5.9 percent. The surplus – more coming in than going out – of foreign tourism revenues was Sk5.17 billion.

Compiled by Zuzana Vilikovská from press reports
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