Myth on Foreign Exchange Consumption of Foreign Tourists

The author wrote this paper in order to explain and prove that the National Bank of Croatia’s methodology on making foreign exchange inflow from foreign tourism is wrong, and consequently harmful. He considers that National Bank of Croatia should stop announcing data about the (non-existing) milliards of dollars from foreign exchange inflow from foreign tourism. To the author’s mind the amount of foreign exchange inflow from foreign tourism is the result of very bad and unprofessional experiment. It would be necessary at least at the beginning, to include broader range of our professional and scientific researchers in compilation of new methodology.