how much money does argentina make from tourism
over US$22 billion
title: Economy of Argentina text: have historically held more deposits overseas than domestically. The estimated US$173 billion in overseas accounts and investment exceeded the domestic monetary base (M3) by nearly US$10 billion in 2012. According to World Economic Forum's 2017 Travel & Tourism Competitiveness Report, tourism generated over US$22 billion, or 3.9% of GDP, and the industry employed more than 671,000 people, or approximately 3.7% of the total workforce. Tourism from abroad contributed US$5.3 billion, having become the third largest source of foreign exchange in 2004. Around 5.7 million foreign visitors arrived in 2017, reflecting a doubling in visitors since 2002 despite a relative appreciation title: Economy of Argentina text: from contracts abroad were estimated at over US$1.2 billion. Tourism is an increasingly important sector and provided 4% of direct economic output (over US$17 billion) in 2012; around 70% of tourism sector activity by value is domestic. Argentine banking, whose deposits exceeded US$120 billion in December 2012, developed around public sector banks, but is now dominated by the private sector. The private sector banks account for most of the 80 active institutions (over 4,000 branches) and holds nearly 60% of deposits and loans, and as many foreign-owned banks as local ones operate in the country. The largest bank in Argentina title: Economy of Argentina text: of the peso. Argentines, who have long been active travelers within their own country, accounted for over 80%, and international tourism has also seen healthy growth (nearly doubling since 2001). Stagnant for over two decades, domestic travel increased strongly in the last few years, and visitors are flocking to a country seen as affordable, exceptionally diverse, and safe. Foreign tourism, both to and from Argentina, is increasing as well. INDEC recorded 5.2 million foreign tourist arrivals and 6.7 million departures in 2013; of these, 32% arrived from Brazil, 19% from Europe, 10% from the United States and Canada, 10% from title: Argentina text: 2013, ranking in terms of the international tourist arrivals as the top destination in South America, and second in Latin America after Mexico. Revenues from international tourists reached billion in 2013, down from billion in 2012. The country's capital city, Buenos Aires, is the most visited city in South America. There are 30 National Parks of Argentina including many World Heritage Sites. In the , Argentina had a population of 36,260,130, and preliminary results from the 2010 census were of 40,091,359 inhabitants. Argentina ranks third in South America in total population and 33rd globally. Population density is of 15 persons title: Economy of Argentina text: Chile, 24% from the rest of the Western Hemisphere, and 5% from the rest of the world. Around 48% of visitors arrived by commercial flight, 40% by motor travel (mainly from neighboring Brazil), and 12% by sea. Cruise liner arrivals are the fastest growing type of foreign tourism to Argentina; a total of 160 liners carrying 510,000 passengers arrived at the Port of Buenos Aires in 2013, an eightfold increase in a just a decade. Electricity generation in Argentina totaled 133.3 billion Kwh in 2013. The electricity sector in Argentina constitutes the third largest power market in Latin America. It