ANALYZING INFLATION INFLUENCE TOWARD THE NUMBER OF FOREIGN TOURISTS VISITING INDONESIA AND THEIR IMPACT ON INDONESIA’S ECONOMIC GROWTH

Abstract

The tourism sector is one of the potential contributors to GDP in Indonesia. So the number of foreign tourists visiting Indonesia is considered to have a major influence on Indonesia's economic growth. The acceleration of the tourism sector has made the tourism sector attractive to study. .In addition, inflation is also considered to have an influence on the number of foreign tourists and economic growth. This research was conducted to determine whether or not there was an effect of inflation on the number of foreign tourists visiting Indonesia and Indonesia’s economic growth in 2010-2018. The two variables were analyzed because they were considered to have the greatest contribution to Indonesia's economic growth. The analysis technique used is explanatory research with Quantitative Data Analysis. Data analysis was carried out by descriptive analysis and multiple linear regression analysis assisted by the GRETL program.