KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 50.8% (BSD3,528.3 mn or US$3,528.3 mn) in 2008 to 51.6% (BSD5,907.7 mn or US$5,907.7 mn) by 2018.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 95,000 jobs in 2008, 63.5% of total employment or 1 in every 1.6 jobs to 120,000 jobs, 65.0% of total employment or 1 in every 1.5 jobs by 2018.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 3.5% in 2008 and to average 2.7% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 60.4% of total exports (BSD2,212.0 mn or US$2,212.0 mn) in 2008, growing (nominal terms) to BSD9,826.9 mn or US$3,826.9 mn (57.8%) of total in 2018.

WORLD RANKING

The Bahamas Travel & Tourism economy is ranked number:

• 88 in absolute size worldwide
• 7 in relative contribution to national economies
• 163 in long-term (10-year) growth

(176 countries are estimated by WTTC / OE)