Bali is a popular tourist destination, which has seen a significant rise in tourists since the 1980s. Tourism-related business makes up 80% of its economy. It is renowned for its highly developed arts, including traditional and modern dance, sculpture, painting, leather, metalworking, and music. The Indonesian International Film Festival is held every year in Bali. In March 2017, Tripadvisor named the island the world's top destination in its Traveler's choice award.
Bali is part of the Coral Triangle, the area with the highest biodiversity of marine species. In this area alone over 500 reef building coral species can be found. For comparison, this is about 7 times as many as in the entire Caribbean. Most recently, Bali was the host of the 2011 ASEAN Summit, 2013 APEC and Miss World 2013. Bali is the home of the Subak Irrigation System, a UNESCO World Heritage Site.