KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 8.8% (ARS81.5 bn or US$25.4 bn) in 2008 to 9.2% (ARS194.8 bn or US$42.9 bn) by 2018.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 1,813,000 jobs in 2008, 10.5% of total employment or 1 in every 9.5 jobs to 2,185 jobs, 10.9% of total employment or 1 in every 9.2 jobs by 2018.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 4.7% in 2008 and to average 3.6% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 12.6% of total exports (ARS26.7 bn or US$8.3 bn) in 2008, growing (nominal terms) to 73.4 bn or US$16.2 bn (12.6%) of total in 2018.

WORLD RANKING

The Argentina Travel & Tourism economy is ranked number:

• 38 in absolute size worldwide
• 102 in relative contribution to national economies
• 111 in long-term (10-year) growth

(176 countries are estimated by WTTC / OE)