KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 10.3% (US$180.0bn) in 2010 to 8.8% (US$256.4bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 2,558,000 jobs in 2010, 8.7% of total employment or 1 in every 11.4 jobs to 3,054,000 jobs, 9.0% of total employment or 1 in every 11.0 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -1.3% in 2010 and to average 2.5% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 7.9% of total exports (US$51.2bn) in 2010, growing (nominal terms) to US$84.4bn (6.5% of total) in 2020.

Investment
Travel & Tourism investment is estimated at US$31.9bn or 9.5% of total investment in 2010. By 2020, this should reach US$48.1bn or 8.1% of total investment.

WORLD RANKING

The Other Western Europe Travel & Tourism economy is ranked number:

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

(13 regions are estimated by WTTC / OE)