KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 11% (US$65.8bn) in 2010 to 11.4% (US$140.7bn) by 2020.
Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 5,034,000 jobs in 2010, 10.3% of total employment or 1 in every 9.7 jobs to 6,783,000 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 0.2% in 2010 and to average 5.7% per annum over the coming 10 years.
Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 12.3% of total exports (US$25.5bn) in 2010, growing (nominal terms) to US$54.8bn (11.3% of total) in 2020.
Investment
Travel & Tourism investment is estimated at US$13.5bn or 9.1% of total investment in 2010. By 2020, this should reach US$31.3bn or 10.0% of total investment.
WORLD RANKING
The North Africa Travel & Tourism economy is ranked number:
- 12 in absolute size worldwide
- 3 in relative contribution to national economies
- 3 in long-term (10-year) growth
(13 regions are estimated by WTTC / OE)
Algeria, Egypt, Libya, Morocco, Tunisia
North Africa Economic Forecast Data
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North Africa Economic Forecast Data
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