Since 2012, tourists from China have been the world's top spender in international tourism, leading global outbound travel. In 2016, the country accounted for 21% of the world's international tourism spending, or $261 billion. (Do note that the stats include journeys made to the special administrative South Korea; in 2017, these accounted for 69.5m of the so-called "overseas" journeys.) As of 2018, only 7% of Chinese had a passport, so the "potential for further growth is staggering", according to a UK news report.