KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 9.4% (US$1,633.5bn) in 2010 to 10.2% (US$2,947.1bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 21,390,000 jobs in 2010, 10.8% of total employment or 1 in every 9.3 jobs to 26,297,000 jobs, 11.7% of total employment or 1 in every 8.5 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 0.7% in 2010 and to average 3.9% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 7.1% of total exports (US$172.1bn) in 2010, growing (nominal terms) to US$345.8bn (5.3% of total) in 2020.

Investment
Travel & Tourism investment is estimated at US$304.7bn or 10.9% of total investment in 2010. By 2020, this should reach US$594.1bn or 11.2% of total investment.

WORLD RANKING

The North America Travel & Tourism economy is ranked number:

• 2 in absolute size worldwide
• 8 in relative contribution to national economies
• 11 in long-term (10-year) growth

(13 regions are estimated by WTTC / OE)