The graph illustrates the spending of UK residents on visits abroad for different aims: holiday, business, visiting friends or relatives or miscellaneous, between 1993 and 2013.
Overall, holiday was the main factor during 20-year period. It showed upward trend, while other spendings were relatively stable, and low.
In 1993, UK residents spent ~9 about billion £ on holidays, then this figure rose up to 25 billion £ in 2008. However, holiday spending dropped to around 21 billion £ in 2009, furthermore increasing again slightly till 2013.
On the contrary, miscellaneous spendings remained the least substantial, staying at about 2 billion £ during all the term. Although, business and visiting friends spendings started at around 2.5 billion £ and 1 billion £ respectively, by 2009 these expenses got the same figure and then followed the similar pattern.
In conclusion, while holiday expenses had the most significant growth, other purposes of spendings remained relatively stable. So, perhaps, the economy influenced such strong growth of holiday spending of UK residents.
