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WTTC: 2011 Middle East

KEY FACTS AT A GLANCE

GDP: Direct Contribution
The direct contribution of Travel &Tourism to GDP is expected to be USD66.8bn (3.4% of total GDP) in 2011, rising by 4.6% pa to USD105.9bn (3.4%) 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 4.6% pa from USD159.5bn (8.1% of GDP) in 2011 to USD251.2bn (8.1%) by 2021.

Employment: Direct Contribution
Travel & Tourism is expected to support directly 1,831,000 jobs (3.2% of total employment) in 2011, rising by 2.4% pa to 2,330,000 jobs (3.2%) 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 2.5% pa from 4,631,000 jobs (8.0% of total employment) in 2011 to 5,922,000 jobs (8.1%) by 2021.

Visitor Exports
Travel & Tourism visitor exports are expected to generate USD65.9bn (6.2% of total exports) in 2011, growing by 7.2% pa (in nominal terms) to USD104.7bn (5.8%) in 2021.

Investment
Travel & Tourism investment is estimated at USD27.3bn or 6.3% of total investment in 2011. It should rise by 5.4% pa to reach USD46.6bn (or 6.4%) of total investment in 2021.

World ranking (out of 12 regions):
Relative importance of Travel & Tourism’s total contribution to GDP
• 8 ABSOLUTE size
• 7 RELATIVE contribution to national economy
• 6 GROWTH forecast

The Middle East Region includes Bahrain, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, Yemen

Download the Travel & Tourism report on Middle East 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’.

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Posted in Bahrain, Development, Iran, Israel, Jordan, Kuwait, Lebanon, Market knowledge, Middle East, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, Yemen.

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