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WTTC: 2011 Oceania


GDP: Direct Contribution
The direct contribution of Travel &Tourism to GDP is expected to be USD54.4bn (3.5% of total GDP) in 2011, rising by 3.1% pa to USD73.3bn (3.5%) 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 2.9% pa from USD208.5bn (13.6% of GDP) in 2011 to USD275.8bn (13.1%) by 2021.

Employment: Direct Contribution
Travel & Tourism is expected to support directly 864,000 jobs (5.9% of total employment) in 2011, rising by 0.8% pa to 934,000 jobs (6.0%) 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 0.8% pa from 2,513,000 jobs (17.2% of total employment) in 2011 to 2,734,000 jobs (17.4%) by 2021.

Visitor Exports
Travel & Tourism visitor exports are expected to generate USD51.8bn (13.9% of total exports) in 2011, growing by 4.6% pa (in nominal terms) to USD72.2bn (11.0%) in 2021.

Travel & Tourism investment is estimated at USD22.7bn or 5.6% of total investment in 2011. It should rise by 3.8% pa to reach USD32.8bn (or 5.0%) of total investment in 2021.

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

Oceania Region includes Australia, Fiji, Kiribati, New Zealand, Other Oceania, Solomon Islands, Tonga, Vanuatu

Download the Travel & Tourism report on Oceania 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 Australia, Development, Fiji, Kiribati, Market knowledge, New Zealand, Oceania, Other Oceania, Performance and management, Solomon Islands, Tonga, Vanuatu.

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