Total tourism revenues in 2006 reached USD 5.3 billion, a decrease of 8.6% over the previous year. According to the Tourism Satellite Account, in 2004 the total value added by tourism was KRW17 606 billion, representing 2.26% of GDP in Korea. The total number of tourism employees is 852 471, or 5.04% of the total number of employees in Korea (Table 3.60). In 2006, the number of foreign tourist arrivals increased by 2.2% on 2005, to reach 6.155 million, mostly from other Asian countries. Japan is Korea’s dominant market, accounting for 38% of all international arrivals in 2006. The 2006 increase is smaller than in 2004, when arrivals grew by 22.4%, and in 2005 when the increase was 3.5%, but indicates nonetheless a continuation of an upward trend. Since 2003, the Korean Wave phenomenon (Box 3.13) had a strong effect on Korea’s tourism industry. In 2005, this phenomenon produced good results for various marketing and public relation activities and contributed to the achievement of a record 6 million arrivals.