KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 7.1% (XAF456.2bn or US$1,082.2mn) in 2010 to 6.2% (XAF693.1bn or US$1,376.8mn) by 2020.
Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 27,000 jobs in 2010, 6.3% of total employment or 1 in every 16.0 jobs to 29,000 jobs, 5.2% of total employment or 1 in every 19.2 jobs by 2020.
Growth
Real GDP growth for Travel & Tourism economy is expected to be 2.7% in 2010 and to average 1.7% per annum over the coming 10 years.
Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate .1% of total exports (XAF3.5bn or US$8.0mn) in 2010, growing (nominal terms) to XAF8.3bn or US$16.4mn (.2% of total) in 2020.
Investment
Travel & Tourism investment is estimated at XAF132.1bn, US$297.6mn or 9.8% of total investment in 2010. By 2020, this should reach XAF223.9bn, US$444.7mn or 10.5% of total investment.
WORLD RANKING
The Gabon Travel & Tourism economy is ranked number:
- 125 in absolute size worldwide
- 122 in relative contribution to national economies
- 177 in long-term (10-year) growth
(181 countries are estimated by WTTC / OE)
Gabon Economic Forecast Data
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Gabon Economic Forecast Data
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