KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 20.8% (EUR730.0 mn or US$1,018.0 mn) in 2009 to 25.6% (EUR1,791.5 mn or US$2,290.9 mn) by 2019.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 29,340 jobs in 2009, 17.8% of total employment or 1 in every 5.6 jobs to 41,320 jobs, 23.0% of total employment or 1 in every 4.3 jobs by 2019.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 0.7% in 2009 and to average 6.2% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 39.6% of total exports (EUR539.8 mn or US$752.8 mn) in 2009, growing (nominal terms) to EUR2,020.3 mn or US$2,583.4 mn (50.1% of total) in 2019.

WORLD RANKING

The Montenegro Travel & Tourism economy is ranked number:

• 121 in absolute size worldwide
• 29 in relative contribution to national economies
• 24 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)