KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 26.4% (BZD732.9 mn or US$366.5 mn) in 2008 to 30.6% (BZD1,491.4 mn or US$745.7 mn) by 2018.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 29,000 jobs in 2008, 26.6% of total employment or 1 in every 3.8 jobs to 47,000 jobs, 31.0% of total employment or 1 in every 3.2 jobs by 2018.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -1.0% in 2008 and to average 4.7% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 35.5% of total exports (BZD572.0 mn or US$286.0 mn) in 2008, growing (nominal terms) to BZD1,205.8 mn or US$602.9 mn (40.7%) of total in 2018.

WORLD RANKING

The Belize Travel & Tourism economy is ranked number:

• 152 in absolute size worldwide
• 23 in relative contribution to national economies
• 82 in long-term (10-year) growth

(176 countries are estimated by WTTC / OE)