KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 46.5% (BSD3,402.5mn or US$3,403.5mn) in 2010 to 49.9% (BSD5,477.4mn or US$5,477.4mn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 91,000 jobs in 2010, 56.0% of total employment or 1 in every 1.8 jobs to 120,000 jobs, 60.3% of total employment or 1 in every 1.7 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -4.1% in 2010 and to average 3.5% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 63.4% of total exports (BSD1,928.2mn or US$1,928.2mn) in 2010, growing (nominal terms) to BSD3,163.3mn or US$3,163.3mn (57.8%) of total in 2020.

Investment
Travel & Tourism investment is estimated at BSD1,025.3mn, US$1,025.3mn or 37.1% of total investment in 2010. By 2020, this should reach BSD1,702.5mn, US$1,702.5mn or 41.0% of total investment.

WORLD RANKING

The Bahamas Travel & Tourism economy is ranked number:

• 86 in absolute size worldwide
• 8 in relative contribution to national economies
• 146 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)