KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 12.5% (EUR35.2bn or US$52.1bn) in 2010 to 15.4% (EUR62.0bn or US$80.8bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 559,000 jobs in 2010, 13.4% of total employment or 1 in every 7.5 jobs to 753,000 jobs, 17.5% of total employment or 1 in every 5.7 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -3.9% in 2010 and to average 4.1% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 10.1% of total exports (EUR14.8bn or US$21.8bn) in 2010, growing (nominal terms) to EUR28.0bn or US$36.5bn (9.6%) of total in 2020.

Investment
Travel & Tourism investment is estimated at EUR7.5bn, US$11.1bn or 12.6% of total investment in 2010. By 2020, this should reach EUR13.3bn, US$17.3bn or 12.5% of total investment.

WORLD RANKING

The Austria Travel & Tourism economy is ranked number:

• 19 in absolute size worldwide
• 53 in relative contribution to national economies
• 128 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)