KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to stay the same at 5.4% (BOB7,463.2mn or US$1,043.4mn) in 2010 to 5.7% (BOB15,495.4mn or US$1,637.4mn) by 2020.
Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 194,000 jobs in 2010, 4.5% of total employment or 1 in every 22.4 jobs to 259,000 jobs, 4.7% of total employment or 1 in every 21.2 jobs by 2020.
Growth
Real GDP growth for Travel & Tourism economy is expected to be 3.4% in 2010 and to average 4.2% per annum over the coming 10 years.
Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 5.2% of total exports (BOB2,253.9 mn or US$315.1mn) in 2010, growing (nominal terms) to BOB4,573.8mn or US$483.3mn (5.1%) of total in 2020.
Investment
Travel & Tourism investment is estimated at BOB2,101.8mn, US$293.8mn or 8.3% of total investment in 2010. By 2020, this should reach BOB4,631.9mn, US$489.5mn or 8.5% of total investment.
WORLD RANKING
The Bolivia Travel & Tourism economy is ranked number:
- 124 in absolute size worldwide
- 149 in relative contribution to national economies
- 123 in long-term (10-year) growth
(181 countries are estimated by WTTC / OE)
Bolivia Economic Forecast Data
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Bolivia Economic Forecast Data
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