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WTTC Economic Impact Research 2012

WTTC’s latest Economic Impact Research shows that world Travel & Tourism continues to grow in spite of continuing economic challenges.

• Despite progressive downgrades to growth forecasts through 2011, the industry grew by 3% over the course of the year (in terms of Travel & Tourism’s contribution to GDP).

• Tourism’s direct contribution to GDP in 2011 was US$2 trillion and the industry generated 98 million jobs.

• Taking account of its direct, indirect and induced impacts, Travel & Tourism’s total contribution in 2011 was US$6.3 trillion in GDP, 255 million jobs, US$743 billion in investment and US$1.2 trillion in exports. This contribution represented 9% of GDP, 1 in 12 jobs, 5% of investment and 5% of exports.

• Growth forecasts for 2012, although lower than anticipated a year ago, are still positive at 2.8% in terms of the industry’s contribution to GDP.

• Longer-term prospects are even more positive with annual growth forecast to be 4.2% over the ten years to 2022.

Get individual country and regional reports from WTTC free of cost.

WTTC Regional Reports 2012

WTTC Regional Reports 2012 cover the following areas: Africa, APEC Region, Americas, Asia Pacific, BRIC, BRIC and N11, Caribbean, Europe, European Union, Latin America, Mediterranean, Middle East, N11, North Africa, Northeast Asia, North America, Oceania, OECD, Other Oceania, Southeast Asia, Sub-Saharan Africa, South Asia and World.

Follow this link to download WTTC Regional Reports 2012.

WTTC individual country reports 2012

WTTC individual country reports 2012 cover the following countries:
A: Albania Algeria Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan
B: Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bolivia Bosnia and Herzegovina Botswana Brazil British Virgin Islands Brunei Bulgaria Burkina Burundi
C: Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Colombia Comoros Congo Congo, Dem Rep of Costa Rica Croatia Cuba Cyprus Czech Republic
D: Denmark Dominica Dominican Republic
E: Ecuador Egypt El Salvador Estonia Ethiopia
F: Fiji Finland France
G: Gabon Gambia Germany Ghana Greece Grenada Guadeloupe Guatemala Guinea Guyana
H: Haiti Honduras Hong Kong Hungary
I: Iceland India Indonesia Iran Ireland Israel Italy Ivory Coast
J: Jamaica Japan Jordan
K: Kazakhstan Kenya Kiribati Korea, Republic of Kuwait Kyrgyzstan
L: Laos Latvia Lebanon Lesotho Libya Lithuania Luxembourg
M: Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Martinique Mauritius Mexico Moldova Mongolia Montenegro Morocco Mozambique Myanmar
N: Namibia Nepal Netherlands Netherlands Antilles New Zealand Nicaragua Niger Nigeria Norway
O: Oman Other Oceania
P: Pakistan Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico
Q: Qatar
R: Reunion Romania Russian Federation Rwanda
S: Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands South Africa Spain Sri Lanka Sudan Suriname Swaziland Sweden Switzerland Syria
T: Tanzania Thailand Togo Tonga Trinidad and Tobago Tunisia Turkey
U: Uganda Ukraine United Arab Emirates United Kingdom United States of America Uruguay US Virgin Islands
V: Vanuatu Venezuela Vietnam
Y: Yemen
Z: Zambia Zimbabwe

Follow this link to download WTTC individual country reports 2012.

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.

About the research
Measuring the size and growth of the Travel & Tourism sector around the world is challenging, but it is critical for an understanding of its economic contribution. WTTC has developed a complex methodology for producing consistent, comprehensive and comparable estimates for Travel & Tourism’s economic impact across the world, incorporating and compatible with the Tourism Satellite Account: Recommended Methodological Framework (TSA:RMF 2008) approved by the United Nations Statistics Division.
Over the past 20 years, and along with research partners Oxford Economics, WTTC has continually reviewed and enhanced its methodology, developing a system for producing estimates for the economic contribution of Travel & Tourism to 181 countries, 20 regions and the world overall.
These are not strictly Tourism Satellite Accounts (TSAs) – and are not intended to replace country TSAs – but the estimates are derived from official country TSA statistics, where available, as well as other published data, and are complemented by economic modelling, which allows for cross-country benchmarking. For those countries for which no relevant statistics are available, this research provides a starting point for understanding the direct and indirect economic impact of Travel & Tourism and, ultimately, for better long-term planning.

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

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Posted in Africa, Albania, Algeria, Americas, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Asia, Asia Pacific, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Best practice, Bhutan, Bolivia, Bosnia Herzegovina, Botswana, Brazil, BRIC, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Caribbean, Cayman Islands, Central African Republic, Central America, Chad, Chile, China, Colombia, Comoros, Costa Rica, Croatia, Cuba, Curaçao, Cyprus, Czech Republic, Democratic Republic of Congo, Denmark, Development, Dominica, Dominican Republic, East Asia, Ecuador, Egypt, El Salvador, Estonia, Ethiopia, Europe, Falkland Islands (UK), Fiji, Finland, France, French Guiana (France), Gabon, Gambia, Germany, Ghana, Greece, Grenada, Guadeloupe, Guatemala, Guinea, Guyana, Haiti, Honduras, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Ireland, Israel, Italy, Ivory Coast, Jamaica, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Leone, Lesotho, Libya, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Market knowledge, Martinique, Mauritius, Mexico, Middle East, Moldova, Montenegro, Morocco, Mozambique, Myanmar, N11, Namibia, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, North Africa, North America, Northeast Asia, Norway, Oceania, Oman, Other Oceania, Pakistan, Panama, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Republic of Congo, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Sao Tome & Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South America, South Asia, South Georgia and the South Sandwich Islands (UK), South Korea, Spain, Sri Lanka, St Vincent and the Grenadines, Sub Saharan, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Taiwan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Uganda, UK, Ukraine, United Arab Emirates, Uruguay, USA, Vanuatu, Venezuela, Vietnam, Virgin Islands, World, Yemen, Zambia, Zimbabwe.

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