KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 9.5% (US$1,669.0bn) in 2010 to 10.1% (US$2,528.0bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 22,211,000 jobs in 2010, 10.3% of total employment or 1 in every 9.8 jobs to 25,043,000 jobs, 11.1% of total employment or 1 in every 9.0 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -1.3% in 2010 and to average 2.9% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 6.2% of total exports (US$418.2bn) in 2010, growing (nominal terms) to US$698.4bn (5.6% of total) in 2020.

Investment
Travel & Tourism investment is estimated at US$289.8bn or 8.8% of total investment in 2010. By 2020, this should reach US$458.3bn or 9.0% of total investment.

WORLD RANKING

The European Union Travel & Tourism economy is ranked number:

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

(13 regions are estimated by WTTC / OE)