KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 11.5% (BND2,049.0mn or US$1,464.2mn) in 2010 to 13.9% (BND3,472.0mn or US$2,551.3mn) by 2020.
Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 25,000 jobs in 2010, 13.4% of total employment or 1 in every 7.5 jobs to 34,000 jobs, 14.4% of total employment or 1 in every 6.9 jobs by 2020.
Growth
Real GDP growth for Travel & Tourism economy is expected to be 5.7% in 2010 and to average 4.5% per annum over the coming 10 years.
Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 4.2% of total exports (BND412.5mn or US$294.8mn) in 2010, growing (nominal terms) to BND1,018.1mn or US$748.2mn (6.0% of total) in 2020.
Investment
Travel & Tourism investment is estimated at BND495.4mn, US$354.0mn or 16.1% of total investment in 2010. By 2020, this should reach BND664.4mn, US$488.2mn or 16.8% of total investment.
WORLD RANKING
The Brunei Travel & Tourism economy is ranked number:
- 112 in absolute size worldwide
- 62 in relative contribution to national economies
- 106 in long-term (10-year) growth
(181 countries are estimated by WTTC / OE)
Brunei Economic Forecast Data
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Brunei Economic Forecast Data
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