KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 14.8% (US$39.9 bn) in 2008 to 14.9% (US$69.9 bn) by 2018.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 2,148,000 jobs in 2008, 12.9% of total employment or 1 in every 7.8 jobs to 2,692,000 jobs, 13.8% of total employment or 1 in every 7.2 jobs by 2018.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 2.1% in 2008 and to average 3.3% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 18.2% of total exports (US$30.9 bn) in 2008, growing (nominal terms) to US$54.7 bn (18.7% of total) in 2018.

WORLD RANKING

The Caribbean Travel & Tourism economy is ranked number:

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

(13 regions are estimated by WTTC / OE)