The Central Bank has released the percentages for expenditure and income in foreign exchange from tourism
in Brazil in 2016. The data revealed that from January to December, foreign tourists spent US $6.024 billion
in the country, representing a 3.08% increase in revenue in 2016 compared to 2015.
The increase was largely caused by the Olympic Games held in Brazil, according to the authorities. In
absolute terms, the revenue generated by Rio 2016 was US$166 million.