Chart of the Day: Hong Kong dwarfs Singapore in international arrivals

Singapore recorded 16 million international arrivals last year.

This chart from RHB shows how much more international arrivals were recorded in Hong Kong than in Singapore.

Last year, Singapore's 16 million international arrivals were lacklustre compared to Hong Kong's 56 million.

RHB said this could be partly attributed to its proximity to China and the influx of mainland tourists.

However, RHB pointed out that this is one of the major reasons why Hong Kong has a more productive retail space. Add to that the declining tourism receipts in Singapore.

In 2016, tourism receipts in the city-state sat at US$18m whilst Hong Kong's receipts reached US$38m.

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