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WTTC: 2011 Asia Pacific

KEY FACTS AT A GLANCE

GDP: Direct Contribution
The direct contribution of Travel &Tourism to GDP is expected to be USD523.0bn (2.7% of total GDP) in 2011, rising by 5.9% pa to USD953.4bn (2.8%) in 2021 (in constant 2011 prices).

GDP: Total Contribution
The total contribution of Travel &Tourism to GDP, including its wider economic impacts, is forecast to rise by 5.8% pa from USD1,607.4bn (8.2% of GDP) in 2011 to USD2,903.3bn (8.7%) by 2021.

Employment: Direct Contribution
Travel & Tourism is expected to support directly 63,891,000 jobs (3.5% of total employment) in 2011, rising by 1.9% pa to 77,502,000 jobs (3.7%) by 2021.

Employment: Total Contribution
The total contribution of Travel & Tourism to employment, including jobs indirectly supported by the industry, is forecast to rise by 2.4% pa from 145,802,000 jobs (7.9% of total employment) in 2011 to 184,709,000 jobs (8.9%) by 2021.

Visitor Exports
Travel & Tourism visitor exports are expected to generate USD288.6bn (4.3% of total exports) in 2011, growing by 8.3%pa (in nominal terms) to USD496.2bn (3.6%) in 2021.

Investment
Travel & Tourism investment is estimated at USD247.5bn or 4.1% of total investment in 2011. It should rise by 6.7% pa to reach USD482.0bn (or 4.1%) of total investment in 2021.

The Asia Pacific Region includes South Asia, Southeast Asia, Northeast Asia and Oceania. Download the Travel & Tourism report on Asia Pacific here

About WTTC
The World Travel & Tourism Council (WTTC) is the forum for business leaders in the Travel & Tourism industry. With Chief Executives of some one hundred of the world’s leading Travel & Tourism companies as its Members, WTTC has a unique mandate and overview on all matters related to Travel & Tourism.
WTTC works to raise awareness of Travel & Tourism as one of the world’s largest industries, supporting more than 258 million jobs and generating 9.1 per cent of world GDP.

This article is quoted from WTTC .
Follow the links and get an overview of 2011 WTTC region reports or country reports.

This article is uploaded by Majbritt Thomsen, administrator on ‘Views On Tourism’. Photos from Thailand by Casper Magnussen.

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Posted in Asia Pacific, Australia, Bangladesh, Brunei, Cambodia, China, East Asia, Fiji, Hong Kong, India, Indonesia, Japan, Kiribati, Korea, Laos, Macau, Malaysia, Maldives, Myanmar, Nepal, New Zealand, Northeast Asia, Oceania, Other Oceania, Pakistan, Papua New Guinea, Philippines, Singapore, Solomon Islands, South Asia, South Korea, Sri Lanka, Taiwan, Thailand, Tonga, Vanuatu, Vietnam.

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