KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 3.5% (STD116.9bn or US$7.3mn) in 2010 to 0.9% (STD457.9bn or US$32.3mn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to fall from 2.9% of total employment, 1,000 jobs, or 1 in every 34.1 jobs in 2010 to 2.6% of total employment, 1,000 jobs, or 1 in every 38.4 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 2.0% in 2010 and to average 7.6% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 87.0% of total exports (STD61.0bn or US$3.8mn) in 2010, growing (nominal terms) to STD127.6bn or US$9.0mn (2.1% of total) in 2020.

Investment
Travel & Tourism investment is estimated at STD43.3bn, US$2.7mn or 4.9% of total investment in 2010. By 2020, this should reach STD638.1bn, US$45.0mn or 4.6% of total investment.

WORLD RANKING

The Sao Tome and Principe Travel & Tourism economy is ranked number:

• 181 in absolute size worldwide
• 177 in relative contribution to national economies
• 10 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)