KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 11.0% (AUD127.3 bn or US$112.9 bn) in 2008 to 11.8% (AUD250.2 bn or US$178.9 bn) by 2018.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 1,140,000 jobs in 2008, 10.7% of total employment or 1 in every 9.3 jobs to 1,339,000 jobs, 11.0% of total employment or 1 in every 9.1 jobs by 2018.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 4.0% in 2008 and to average 4.4% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 18.1% of total exports (AUD42.9 bn or US$38.1 bn) in 2008, growing (nominal terms) to AUD87.3 bn or US62.4 bn (18.9%) of total in 2018.

WORLD RANKING

The Australia Travel & Tourism economy is ranked number:

• 11 in absolute size worldwide
• 69 in relative contribution to national economies
• 91 in long-term (10-year) growth

(176 countries are estimated by WTTC / OE)