KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 6.2% (US$200.2bn) in 2010 to 7.0% (US$361.5bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 11,814,000 jobs in 2010, 6.0% of total employment or 1 in every 16.6 jobs to 16,336,000 jobs, 6.7% of total employment or 1 in every 14.9 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 1.4% in 2010 and to average 5.1% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 5.3% of total exports (US$29.3bn) in 2010, growing (nominal terms) to US$65.5bn (5.2% of total) in 2020.

Investment
Travel & Tourism investment is estimated at US$48.3bn or 7.6% of total investment in 2010. By 2020, this should reach US$110.7bn or 9.4% of total investment.

WORLD RANKING

The Latin America Travel & Tourism economy is ranked number:

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

(13 regions are estimated by WTTC / OE)