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WTTC: 2011 World Tourism Report


GDP: Direct Contribution
The direct contribution of Travel &Tourism to GDP is expected to be US$1,850.0bn (2.8% of total GDP) in 2011, rising by 4.2% pa to US$2,860.5bn (2.9%) 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 4.2% pa from US$5,991.9bn (9.1% of GDP) in 2011 to US$9,226.9bn (9.6%) by 2021.

Employment: Direct Contribution
Travel & Tourism is expected to support directly 99,048,000 jobs (3.4% of total employment) in 2011, rising by 2.0% pa to 120,427,000 jobs (3.6%) 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 2.3% pa from 258,592,000 jobs (8.8% of total employment) in 2011 to 323,826,000 jobs (9.7%) by 2021.

Visitor Exports
Travel & Tourism visitor exports are expected to generate US$1,162.7bn (5.8% of total exports) in 2011, growing by 6.6% pa (in nominal terms) to US$1,789.2bn (4.7%) in 2021.

Travel & Tourism investment is estimated at US$652.4bn or 4.5% of total investment in 2011. It should rise by 5.4% pa to reach US$1,487.9bn (or 4.6%) of total investment in 2021.

Download the regional report on world tourism 2011 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.

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This article is quoted from WTTC . Follow this link to read the original article and download the report on South Asian tourism 2011 here.
Get an overview of all the region reports from WTTC here

This article is uploaded by Majbritt Thomsen, administrator on ‘Views On Tourism’.

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Posted in Best practice, Development, Market knowledge, Policy, Sustainability, World.

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