WORLD - KEY FACTS AT A GLANCE
Travel & Tourism activity was hit hard by the global slump, with Travel & Tourism Economy GDP contracting by 4.8% in 2009. Even so, the sector worldwide still provided over 235 million jobs last year.
Travel & Tourism's recovery - like that of the world economy - is expected to be a gradual one. After growth of just 0.5% in 2010, Travel & Tourism Economy GDP is likely to grow by 3.2% in 2011, with momentum building from the second half of 2010 and into next year.
- Gross Domestic Product (GDP)
The contribution of Travel & Tourism to GDP is expected to rise from 9.2% (US$5,751 bn) in 2010 to 9.6% (US$11,151 bn) by 2020.
- Growth
Real GDP growth for the Travel & Tourism Economy is expected to be 0.5% in 2010, up from -4.8% in 2009, but to average 4.4% per annum over the coming 10 years.
- Employment
The contribution of the Travel & Tourism Economy to total employment is expected to rise from 8.1%, 235,785,000 jobs or 1 in 12.3 jobs in 2010, to 9.2% of total employment, 303,019,000 jobs, or 1 in every 10.9 jobs by 2020.
- Visitor Exports
Export earnings from international visitors are expected to generate 6.1% of total exports (US$1,086 bn) in 2010, growing (in nominal terms) to US$2,160 bn (5.2% of total) in 2020.
- Investment
Travel & Tourism investment is estimated at US$1,241 bn, or 9.2% of total investment, in 2010. By 2020, this should reach US$2,757 bn or 9.4% of total investment.
Executive Summary 2010
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Executive Summary 2010
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Top 10 Tables Summary
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Top 10 Tables Summary
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WTTC conducts in-depth economic impact research on individual countries on a regular basis through the year. As a result, our annual rankings published this year on 11 March are likely to undergo fairly significant changes as more detailed data comes to light. The downloadable document - League Tables Summary- provides the latest rankings according to WTTC ongoing and most recent research.


