Turkey’s Travel & Tourism economy grew by 15% in 2018, the largest of any country in Europe, according to the World Travel & Tourism Council’s (WTTC) annual review of the economic impact and social importance of the sector released today.
In 2018, Travel & Tourism contributed TRY461.3 billion (US$95.6 billion) to the country’s economy. The sector now represents 12.1% of Turkey’s total economy; this means that one in every eight Turkish Lira is now generated by Travel & Tourism.
For over 25 years, WTTC, which represents the global private sector of Travel & Tourism, has compared the sector across 185 countries. The 2018 research shows that Travel & Tourism in Turkey:
Commenting on the numbers, Gloria Guevara, WTTC President & CEO said: “Turkey was the great success story of European Travel & Tourism in 2018. Of the 44 countries we look at in the whole of Europe, Turkey’s 15% growth in 2018 was the highest and it now means that one in every eight Turkish Lira in the economy is dependent in some way on our sector.
“The role of our sector as a driver of economic growth, job creation and social inclusion is well understood by the Government under the leadership of the Minister of Culture and Tourism, Numan Kurtulmuş.”