KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 6.3% (EUR10.0bn or US$14.8bn) in 2010 to 7.4% (EUR20.6bn or US$26.9bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 114,000 jobs in 2010, 6.2% of total employment or 1 in every 16.0 jobs to 141,000 jobs, 6.9% of total employment or 1 in every 14.5 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -4.5% in 2010 and to average 5.3% 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 (EUR5.8bn or US$8.5bn) in 2010, growing (nominal terms) to EUR12.2bn or US$15.9bn (4.3% of total) in 2020.

Investment
Travel & Tourism investment is estimated at EUR4.3bn, US$6.4bn or 16.6% of total investment in 2010. By 2020, this should reach EUR9.7bn, US$12.7bn or 17.5% of total investment.

WORLD RANKING

The Ireland Travel & Tourism economy is ranked number:

• 42 in absolute size worldwide
• 135 in relative contribution to national economies
• 70 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)