KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 7.7% (US$4,448.2mn) in 2010 to 8.0% (US$9,136.4mn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 378,000 jobs in 2010, 6.6% of total employment or 1 in every 15.2 jobs to 490,000 jobs, 6.8% of total employment or 1 in every 14.7 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 5.2% in 2010 and to average 4.4% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 4.0% of total exports (US$719.1mn) in 2010, growing (nominal terms) to US$1,700.0mn (4.4% of total) in 2020.

Investment
Travel & Tourism investment is estimated at US$1,635.0mn or 12.1% of total investment in 2010. By 2020, this should reach US$3,210.7mn or 11.9% of total investment.

WORLD RANKING

The Ecuador Travel & Tourism economy is ranked number:

• 75 in absolute size worldwide
• 103 in relative contribution to national economies
• 116 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)