KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 5.9% (BLR202.8bn or US$109.7bn) in 2010 to 6.9% (BLR518.8bn or US$194.4bn) by 2020.
Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 5,333,000 jobs in 2010, 5.6% of total employment or 1 in every 17.8 jobs to 7,785,000 jobs, 6.5% of total employment or 1 in every 15.4 jobs by 2020.
Growth
Real GDP growth for Travel & Tourism economy is expected to be 3.0% in 2010 and to average 5.6% per annum over the coming 10 years.
Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 3.3% of total exports (BLR10.9bn or US$5.9bn) in 2010, growing (nominal terms) to BLR40.7bn or US$15.2bn (3.2%) of total in 2020.
Investment
Travel & Tourism investment is estimated at AWG45.1bn, US$24.4bn or 7.2% of total investment in 2010. By 2020, this should reach BRL170.6bn, US$63.9n or 9.9% of total investment.
WORLD RANKING
The Brazil Travel & Tourism economy is ranked number:
- 13 in absolute size worldwide
- 143 in relative contribution to national economies
- 58 in long-term (10-year) growth
(181 countries are estimated by WTTC / OE)
Brazil Economic Forecast Data
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Brazil Economic Forecast Data
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