KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 13.0% (EGP154.7bn or US$26.7bn) in 2010 to 13.7% (EGP456.9bn or US$58.9 bn) by 2020.
Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 2,543,000 jobs in 2010, 10.9% of total employment or 1 in every 9.2 jobs to 3,408,000 jobs, 11.6% of total employment or 1 in every 8.6 jobs by 2020.
Growth
Real GDP growth for Travel & Tourism economy is expected to be -0.1% in 2010 and to average 6.0% per annum over the coming 10 years.
Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 22.0% of total exports (EGP67.1bn or US$11.6bn) in 2010, growing (nominal terms) to EGP202.2bn or US$26.1bn (18.7% of total) in 2020.
WORLD RANKING
The Egypt Travel & Tourism economy is ranked number:
- 33 in absolute size worldwide
- 50 in relative contribution to national economies
- 39 in long-term (10-year) growth
(181 countries are estimated by WTTC / OE)
Egypt Economic Forecast Data
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Egypt Economic Forecast Data
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