KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 10.2% (AUD127.9 bn or US$93.0 bn) in 2009 to 10.6% (AUD240.3 bn or US$168.1 bn) by 2019.
Employment
The contribution of the Travel & Tourism economy to employment is expected to fall from 1,144,000 jobs in 2009, 10.6% of total employment or 1 in every 9.4 jobs to 1,302,000 jobs, 10.5% of total employment or 1 in every 9.6 jobs by 2019.
Growth
Real GDP growth for Travel & Tourism economy is expected to be -2.6% in 2009 and to average 3.9% per annum over the coming 10 years.
Exports
Export earnings from international visitors and tourism goods are expected to generate 15.4% of total exports (AUD45.1 bn or US$32.8 bn) in 2009, growing (nominal terms) to AUD83.6 bn or US58.5 bn (13.6%) of total in 2019.
WORLD RANKING
The Australia Travel & Tourism economy is ranked number:
- 11 in absolute size worldwide
- 73 in relative contribution to national economies
- 118 in long-term (10-year) growth
(181 countries are estimated by WTTC / OE)
Australia Travel and Tourism
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Australia Travel and Tourism
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