KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 43.7% (US$514.1mn) in 2010 to 45.9% (US$1,202.4mn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to remain level at 8,000 jobs in 2010, 57.6% of total employment or 1 in every 1.7 jobs to 10,000 jobs, 65.2% of total employment or 1 in every 1.5 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 0.6% in 2010 and to average 5.7% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 41.5% of total exports (US$515.1mn) in 2010, growing (nominal terms) to US$1,232.7mn (40.8%) of total in 2020.

Investment
Travel & Tourism investment is estimated at US$37.1mn or 43.4% of total investment in 2010. By 2020, this should reach US$68.4mn or 43.8% of total investment.

WORLD RANKING

The British Virgin Islands Travel & Tourism economy is ranked number:

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

(181 countries are estimated by WTTC / OE)

British Virgin Islands Economic Forecast Data
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British Virgin Islands Economic Forecast Data
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