KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 9.5% (SAR145.4bn or US$38.8bn) in 2010 to 9.2% (SAR306.1bn or US$81.7bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to fall from 9.7% of total employment, 787,000 jobs, or 1 in every 10.3 jobs in 2010, to 9.5% of total employment, 989,000 jobs, or 1 in every 10.6 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 7.5% in 2010 and to average 4.1% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 3.0% of total exports (SAR27.7bn or US$7.4bn) in 2010, growing (nominal terms) to SAR48.3bn or US$12.9bn (2.3% of total) in 2020.

Investment
Travel & Tourism investment is estimated at SAR14.5bn, US$3.9bn or 4.1% of total investment in 2010. By 2020, this should reach SAR47.0bn, US$12.5bn or 6.5% of total investment.

WORLD RANKING

The Saudi Arabia Travel & Tourism economy is ranked number:

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

(181 countries are estimated by WTTC / OE)