KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 9.7% (US$164.9bn) in 2010 to 10.0% (US$431.6bn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 22,581,000 jobs in 2010, 8.1% of total employment or 1 in every 12.3 jobs to 29,402,000 jobs, 8.8% of total employment or 1 in every 11.4 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 0.8% in 2010 and to average 6.3% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 6.1% of total exports (US$67.5bn) in 2010, growing (nominal terms) to US$164.5bn (5.6% of total) in 2020.

Investment
Travel & Tourism investment is estimated at US$46.0bn or 10.5% of total investment in 2010. By 2020, this should reach US$140.2bn or 11.0% of total investment.

WORLD RANKING

The South East Asia Travel & Tourism economy is ranked number:

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

(13 regions are estimated by WTTC / OE)


Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Papua New Guinea, Phillippines, Singapore, Thailand, Vietnam

South East Asia Economic Forecast Data
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South East Asia Economic Forecast Data
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