KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 6.4% (ISL50.2bn or US$12.0bn) in 2010 to 7.2% (ISL105.9bn or US$22.1bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 223,000 jobs in 2010, 7.9% of total employment or 1 in every 12.7 jobs to 289,000 jobs, 8.9% of total employment or 1 in every 11.2 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -1.7% in 2010 and to average 5.0% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 6.5% of total exports (ISL20.2bn or US$4.8bn) in 2010, growing (nominal terms) to ISL51.8bn or US$10.8bn (7.2% of total) in 2020.

Investment
Travel & Tourism investment is estimated at ISL9.8bn, US$2.3bn or 7.6% of total investment in 2010. By 2020, this should reach ISL20.3bn, US$4.2bn or 8.3% of total investment.

WORLD RANKING

The Israel Travel & Tourism economy is ranked number:

• 51 in absolute size worldwide
• 134 in relative contribution to national economies
• 78 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)