KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 12.3% (US$39.4bn) in 2010 to 12.8% (US$76.3bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 1,829,000 jobs in 2009, 10.8% of total employment or 1 in every 9.2 jobs to 2,391,000 jobs, 11.9% of total employment or 1 in every 8.4 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -0.6% 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 15.7% of total exports (US$23.5bn) in 2010, growing (nominal terms) to US$45.6bn (16.0% of total) in 2020.

Investment
Travel & Tourism investment is estimated at US$10.2bn or 20.4% of total investment in 2010. By 2020, this should reach US$18.4bn or 20.2% of total investment.

WORLD RANKING

The Caribbean Travel & Tourism economy is ranked number:

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

(13 regions are estimated by WTTC / OE)