In 2019, total domestic and international tourism was estimated to have accounted for around 16% of gross value added in Malaysia's total GDP. Use this code to embed the visualisation into your website. Macau is the top country by contribution of travel and tourism to GDP (% of GDP) in the world. Out of the 7.3 million visitor arrivals in the first four months of 2023, 5.7 million were from mainland China. Indicator 8.9.1 on Tourism Direct GDP helps to monitor Target 8.9 which calls on countries "to promote sustainable tourism" under Goal 8 on decent Work and Economic Growth. Contribution of travel and tourism to Gross Domestic Product (GDP) in South Africa from 2005 to 2021 [Graph]. Please. Malaysia: In Malaysia, international tourism is expected to strengthen during 2023, as tourist arrivals from major tourism markets in ASEAN, Middle East and Europe continue to recover, while Chinese tourist arrivals gradually improve. Accessed July 01, 2023. https://www.statista.com/statistics/1290545/contribution-of-travel-and-tourism-to-gdp-in-south-africa/, WTTC. If you are an admin, please authenticate by logging in again. (August 4, 2022). WTTC works to raise awareness of Travel & Tourism as one of the world's largest economic sectors, supporting one in 10 jobs (319 million) worldwide, and generating 10.4% of global GDP. "Total contribution of travel and tourism to gross domestic product (GDP) worldwide from 2019 to 2021 (in billion U.S. In 2021, travel and tourism contributed nearly 3.2 percent to the Gross Domestic Product (GDP) of South Africa. Tourism Revenues in Sri Lanka decreased to 167 USD Million in April from 198 USD Million in March of 2023. EU residents spent an estimated 1.2 billion nights abroad on tourism trips in 2021 (see Figure2). statistic alerts) please log in with your personal account. As COVID-19 border restrictions were gradually relaxed in Thailand and also in many of Thailand's largest tourism source countries during 2022, international tourism showed a significant improvement during the second half of the year. Latest research from WTTC shows that as the world finally begins to recover from pandemic, the sectors contribution to the global economy and jobs could reach almost pre-pandemic levels this year, but there remains the important caveat: it will only reach these levels if the recovery of the sector continues to pick up pace. Statista. INDICATOR (a) Name:Tourism contribution to Gross Domestic Product (TGDP). Chart. Please create an employee account to be able to mark statistics as favorites. Digitalization. Show publisher information It is estimated that 56% of the EU population aged 15 or over took part in tourism for personal purposes in 2021, in other words they made at least one tourist trip for personal purposes during the year. Headquartered in London, IHS Markit is committed to sustainable, profitable growth. Total tourism receipts in the first quarter for both domestic and international tourism spending was estimated at 499 billion baht, up by 127% year-on-year (y/y). With tourism having accounted for a significant share of GDP in many APAC countries prior to the pandemic, the recovery in tourism is contributing to strong growth in consumer services expenditure in the APAC region. The travel and tourism industryas measured by the real output of goods and services sold directly to visitorsincreased 64.4 percent in 2021 after decreasing 50.7 percent in 2020, according to the most recent statistics from BEA's Travel and Tourism Satellite Account. In, WTTC. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information However, the total number of visits was still far below the 2019 peak of 39.8 million, indicating considerable scope for further rapid growth in the tourism sector during 2023. International tourism arrivals in the first quarter of 2023 surged to 6.5 million visitors, which was more than half the total number of international tourists visits in 2022. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. If you have an ad-blocker enabled you may be blocked from proceeding. Data covers tourist arrivals, tourism share of exports and contribution to GDP, source markets, seasonality and accommodation (data on number of rooms, guest and nights), Two special modules present data on the impact of COVID 19 on tourism as well as a Policy Tracker on Measures to Support Tourism, World Tourism Organization August 4, 2022. The travel and tourism industry's GDP is seen hitting $8.35 trillion this year and $9.6 trillion in 2023, a return to its pre-pandemic level. [2] In 2019, the top ten African destinations were: Americas According to the Japanese National Tourism Organization, total foreign visitor arrivals to Japan in the first four months of 2023 reached 6.7 million, compared with total foreign visitor arrivals of 3.8 million in the whole of calendar year 2022. Latest available data for a fixed period, To use individual functions (e.g., mark statistics as favourites, set In Southeast Asia, travellers are now getting back on planes as the region's entry and COVID-19 quarantine rules are lifted. Then you can access your favorite statistics via the star in the header. In July 2011, the European Parliament and the Council of the European Union adopted a new Regulation (EU) No 692/2011 concerning European statistics on tourism and repealing Council Directive 95/57/EC; this came into force for reference year 2012 and requires EU Member States to provide a regular set of comparable tourism statistics. In 2021, the ratio of travel receipts to GDP was highest, among the EU Member States, in Croatia (15.7%), Cyprus (7.4%) and Luxembourg (6.5%), confirming the importance of tourism to these countries (see Table3). Chart. Gradual recovery in the world tourism industry has been underway during 2021 and 2022, although international borders in much of the APAC region remained largely closed for international tourism travel during 2021 and early 2022. Directly accessible data for 170 industries from 150+ countries and over 1Mio. Use Ask Statista Research Service, figures are in constant 2021 prices and exchange rates as of April 2022. To use individual functions (e.g., mark statistics as favourites, set The total contribution of travel and tourism to GDP reflects GDP generated directly by the travel and tourism sector plus its indirect and induced impacts. In 2022, there were 22 million new jobs, representing a 7.9% increase on 2021, and only 11.4% below 2019. Stats Download The Gross Domestic Product (GDP) in Ethiopia was worth 111.27 billion US dollars in 2021, according to official data from the World Bank. These statistics also provide a snapshot of employment in the travel and tourism industries. As of 2022, the occupancy rate in Ajman was around 80.2 percent. In the APAC region, international tourism flows have continued to recover during the first half of 2023. International tourism, expenditures (% of total imports), International tourism, expenditures for passenger transport items (current US$), International tourism, receipts (current US$), International tourism, number of arrivals, International tourism, receipts for passenger transport items (current US$), International tourism, number of departures, International tourism, receipts (% of total exports), International tourism, receipts for travel items (current US$), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Total contribution of travel and tourism to gross domestic product (GDP) worldwide from 2019 to 2021 (in billion U.S. dollars) [Graph]. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Tourism Revenues in Sri Lanka averaged 173.02 USD Million from 2009 until 2023, reaching an all time high of 475.20 USD Million in December of 2018 and a record low of 0.50 USD Million in December of 2020. If you continue to navigate this website beyond this page, cookies will be placed on your browser. These statistics are available by establishment type or by region and are compiled annually. 4600 Silver Hill Road Suitland, MD 20746, U.S. Travel and Tourism Satellite Account for 20172021. Please find the detailed list of the countries updated here (December 2022). and over 1Mio. "Contribution of travel and tourism to Gross Domestic Product (GDP) in South Africa from 2005 to 2021." It also advocates governments to continue to implement digital solutions which enable travellers to easily prove their status in a simplified and secure way. The country's significant biodiversity and wildlife assets are managed within 20 protected areas, including 12 national parks covering about 20 percent of the country's land area. Currently, you are using a shared account. However, less than one out of ten trips taken by residents of Romania (5.2%), Spain (5.3%), Finland (5.7%), Portugal (5.9%), Bulgaria (6.0%), France (6.3%) and Greece (7.3%) were abroad. 2021 showed clear signs of recovery (see Figure4), reaching nearly two thirds of pre-pandemic 2019 levels while short term indicators for monthly data showed that the upward trend continues in 2022 (see Tourism statistics - nights spent at tourist accommodation establishments). Tourism, in a statistical context, refers to the activity of visitors taking a trip to a destination outside their usual environment, for less than a year. Statistics on the occupancy of collective tourist accommodation refer to the number of arrivals (at accommodation establishments) and the number of nights spent by residents and non-residents, separated into establishment type or region; annual and monthly statistical series are available. Europe, the worlds No1 tourist destination a new political framework for tourism in Europe (COM(2010) 352 final) was adopted by the European Commission in June 2010. The number of international tourist arrivals reached 11.15 million in 2022, compared with just 430,000 in 2021. World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files. Prior to the COVID-19 pandemic, the world tourism industry was estimated to account for around 10% of global GDP after including indirect output and employment effects. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. WTTC. The Tourism Authority of Thailand has increased its estimated target for international tourism visits in 2023 to 25 million, which is more than double the total number of international tourism arrivals in 2022. Thailand: Due to the important contribution of international tourism to Thailand's GDP, a key factor that constrained the rate of recovery of the Thai economy in 2022 was the slow pace of reopening of international tourism, although this gathered momentum in the second half of 2022. International tourism was a key part of Thailand's GDP prior to the COVID-19 pandemic, contributing an estimated 11.5% of GDP in 2019. It argued that more competitive tourism supply and sustainable destinations would help raise tourist satisfaction and secure Europes position as the worlds leading tourist destination. This will be driven by continued rapidly rising household incomes across the large emerging markets of the APAC region, notably in the most populous nations of mainland China, India, Indonesia, Philippines and Vietnam. International tourism spending was estimated at PHP 549 billion, while domestic tourism spending was estimated at PHP 3.1 trillion. "Contribution of Travel and Tourism to Gross Domestic Product (Gdp) in South Africa from 2005 to 2021. In Asia-Pacific alone, the hospitality industry's GDP will likely hit $3.4 trillion in 2023, already above the $3.3 trillion it saw in 2019, it said. Wednesday, February 2, 2022 Favorite Major new research from the World Travel & Tourism Council (WTTC) has revealed that as the global Travel & Tourism sector begins to recover from the ravages of the COVID-19 pandemic, its contribution to the global economy could reach $8.6 trillion this year. It was followed in October 2007 by another Communication, titled Agenda for a sustainable and competitive European tourism (COM(2007) 621 final), which proposed actions in relation to the sustainable management of destinations, the integration of sustainability concerns by businesses, and the awareness of sustainability issues among tourists. However, large differences can be observed between the EU Member States, as this participation rate ranged from 22.7% in Bulgaria to 81.0% in the Netherlands (see Figure 1 and Table 1). Infographics PSA: Tourism's share to GDP inches up to 6.2% in 2022 June 16, 2023 | 12:01 am THE TOURISM INDUSTRY'S contribution to Philippine economic output rose in 2022, driven by the continued easing of travel restrictions, data released on Thursday showed. 85% of all trips made by EU residents were inside their own country. MANILA, April 21 (Reuters) - The global travel and tourism sectors are projected to return to pre-pandemic levels in 2023 and grow at a rate that will outpace global gross domestic product (GDP) growth, the World Travel and Tourism Council (WTTC) said on Thursday. More than one out of three nights spent by international guests in the EU were spent in Spain and Italy. Read the full story. German residents spent 443 million nights on trips outside of Germany in 2021, while residents of the Netherlands spent 115 million nights abroad; residents from these two EU Member States accounted for nearly half (47.5%) of the total number of nights spent abroad by EU residents. Profit from the additional features of your individual account. It is estimated that there were more than 597000 tourist accommodation establishments active within the EU in 2021 and that together they provided 28.1 million bed places (see Table2). In 2021, 92.3% of the total number of tourism trips made by residents of Luxembourg were to destinations abroad, followed by Belgians with 57.4% of their trips abroad. WTTC's research also shows that the sector's contribution global employment could reach more than 330 million, just 1% below pre-pandemic levels and up 21.5% up on 2020 representing a massive 58 million more jobs. Tourism jobs are projected to recover to 300 million this year and 324 million in 2023, close to the 333 million seen in 2019, WTTC said. As of 2019, contribution of travel and tourism to GDP (% of GDP) in Macau was 72 %. At the other end of the spectrum, residents of Bulgaria, Romania, Greece, Italy and Portugal spent, on average, less than one night abroad in 2021 (see Figure3). In 2018-19, both domestic and international tourism, combined together, contributed AUD 61 billion to Australian GDP and provided employment for 666,000 workers, equivalent to 5.2% of Australia's total workforce. In 2019, prior to the onset of the pandemic, total international tourism visits to Australia had reached 9.4 million visits for the full calendar year. Statistics on the capacity of collective tourist accommodation include the number of establishments, the number of bedrooms and the number of bed places. To reach close to pre-pandemic GDP and employment levels this year, WTTC says governments around the world must continue focussing on the vaccine and booster rollout allowing fully vaccinated travellers to move freely without the need for additional testing, and for others to travel with a negative test. "The recovery is going to be so stellar that it's going to recover really powerfully. Annual domestic tourist spending rose by 90% in 2022 to a level of JPY 17.2 trillion. In 2021, Spain was the most common tourism destination in the EU for international tourists (people travelling outside their country), with 114 million nights spent in tourist accommodation establishments, or 19.5% of the EU total (see Figure5 and Figure6). Prior to the pandemic, in 2019, gross direct tourism value added as a share of GDP was estimated at 12.7% of GDP, including both international and domestic tourism spending. Total tourism arrivals in Hong Kong SAR reached 7.3 million during the January to April period of 2023, compared with only 16,182 arrivals during the same period of 2022 when significant COVID-19 border controls remained in place in Hong Kong SAR as well as mainland China. The upturn in tourism is expected to be an important growth driver for the Hong Kong SAR economy in 2023, with the recovery in tourism expected to continue in 2024. The industry is expected to post an annual average growth rate of 5.8% from 2022 to 2032 versus the 2.7% increase in global GDP, and create 126 million new jobs, WTTC said in a report released during the industry group's conference in Manila. The share of Travel & Tourism spending or employment in the equivalent economy-wide concept in the published national income accounts or labour market statistics. All indications point to COVID-19 becoming an endemic condition one that humankind now has the tools (including vaccination and therapeutics) to live and travel with, bolstered by growing population immunity. Tourism direct GDP corresponds to the part of GDP generated by all industries directly in contact with visitors. Independent research conducted in Finland and Italy by Oxera and Edge Health has revealed that pre-departure testing requirements are likely to be ineffective at stopping or even limiting the spread of the Omicron variant. Average tourist expenditure per capita of outbound visitors from Turkey from 2003 to 2022 (in U.S. dollars) Additional Information Statista 2023 Show source Get notified via email when this. Learn more about how Statista can support your business. These figures appear to be influenced by both the size of the Member States and their geographical location (smaller and more northerly countries tended to report a higher propensity for their residents to travel abroad). In addition, in 2019, tourism supported over one . Accessed July 01, 2023. https://www.statista.com/statistics/1228395/travel-and-tourism-share-of-gdp-in-the-eu-by-country/, WTTC. Travel and tourism accounted for 6.1 percent of the global gross domestic product (GDP) in 2021, denoting an increase over 2020 but not catching up with the figures reported prior to the. Then you can access your favorite statistics via the star in the header. Klaus Vedfelt/DigitalVision via Getty Images. Total tourism GDP in Latin American countries 2021; Share of total tourism contribution to GDP in Latin American countries 2021; In 2022, the Travel & Tourism sector contributed 7.6% to global GDP; an increase of 22% from 2021 and only 23% below 2019 levels. You can also find an interactive map below where each country is colored by its tourism income. Data from a range of other official sources may be used to study tourism. Chart. An official website of the United States government. Profit from the additional features of your individual account. 'There is light at the end of the tunnel' as 2022 looks 'more positive in terms of both jobs and the economy' In 2019, contribution of travel and tourism to GDP (% of GDP) for Germany was 8.6 %. Entering text into the input field will update the search result below. The travel and tourism industry's GDP is seen hitting $8.35 trillion this year and $9.6 trillion in 2023, a return to its pre-pandemic level. Get quick analyses with our professional research service. The travel and tourism industryas measured by the real output of goods and services sold directly to visitorsincreased 64.4 percent in 2021 after decreasing 50.7 percent in 2020, according to the most recent statistics from BEAs Travel and Tourism Satellite Account. Tourism's contribution to economy GDP rose to 1.6% in 2021-22 but remains below the 2018-19 level of 3.1%. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Full article More than three out of four residents of the Netherlands, Sweden, France, Luxembourg and Finland participated in tourism Tourism participation: 56 % of EU residents made at least one personal trip in 2021 It addressed a range of challenges that will shape tourism in the coming years, including Europes ageing population, growing external competition, consumer demand for more specialised tourism, and the need to develop more sustainable and environmentally-friendly tourism practices. The top 10 international tourism destinations in 2022 were: Africa In 2019, there were 69.9 million international tourist arrivals to Africa (excluding Egypt and Libya), an increase of 2.4% from 2018. At a global level, the S&P Global Sector PMI for Tourism and Recreation has shown significant expansionary momentum in recent months, as international tourism has continued to recover globally. ", WTTC, Share of travel and tourism's total contribution to GDP in European Union member countries (EU 27) and the United Kingdom (UK) from 2019 to 2021 Statista, https://www.statista.com/statistics/1228395/travel-and-tourism-share-of-gdp-in-the-eu-by-country/ (last visited July 01, 2023), Share of travel and tourism's total contribution to GDP in European Union member countries (EU 27) and the United Kingdom (UK) from 2019 to 2021 [Graph], WTTC, April 22, 2022. European countries with the highest number of inbound tourist arrivals 2019-2021, Number of international tourist arrivals worldwide 2005-2022, by region, Leading online travel companies worldwide 2022, by market cap, Leading airlines in Europe based on passenger numbers 2021. 56% of EU residents made at least one personal tourism trip in 2021. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. . New research from the World Travel & Tourism Council (WTTC) has revealed that as the global travel and tourism sector begins to recover from the ravages of the COVID-19 pandemic, its contribution to the global economy could reach USD8.6 trillion this year, not far short of the pre-pandemic levels recorded in 2019. 1. The participation rate of 56% was slightly higher than in 2020, the first year affected by the pandemic (52%), but still below the pre-pandemic level of 2019 (65%). Trends such as sustainability and the pandemic have forced the tourism industry to adapt. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The transportation sector will also benefit from the upturn in tourism travel, notably the APAC commercial aviation industry. Domestic tourism consumption rose by $5.3b to $85.0b in 2021-22 while international tourism rose by $5.6b to $6.4b in chain volume terms. Number of McDonald's restaurants worldwide 2005-2022, Number of restaurants in the U.S. 2011-2018, Global tourism industry - statistics & facts, Hotel industry worldwide - statistics & facts, Profit from additional features with an Employee Account. More than half of EU residents' trips in 2021 were short domestic trips. If you are an admin, please authenticate by logging in again. Click Subscribe if you'd like to receive the latest corporate travel news and analysis. This compares . [Online]. There have been significant headwinds to Asia-Pacific (APAC) merchandise exports during the first half of 2023 due to weak growth in key export markets. Consequently, after severe economic disruption and deep recessionary conditions in large segments of the APAC tourism industry during 2020-2022, the sector is poised for a strong resurgence over the medium-term outlook. The Lisbon Treaty acknowledged the importance of tourism outlining a specific competence for the EU in this field and allowing for decisions to be taken by a qualified majority. and over 1Mio. Copy the URL to open this chart with all your selections. Membership is exclusive to Corporate Travel Buyers, Copyright Corporate Travel Community 2023, Travel & tourism's contribution to global GDP in 2022 to close in on pre-pandemic performance level, Soundbytes: your weekly travel and aviation industry insights, Lagging corporate recovery in US attributed to ongoing 'business recession', Business travel well on its way to full recovery in robust resurgence for sector, Western OEMs still struggling to raise aircraft output, FCM Consulting partners with CAPA to provide greater insight on sustainable flights, Industry Intelligence catch up on CAPAs exclusive market insights. April 22, 2022. Browse by Country Browse by Economic Group Browse by Indicator Country-specific (867) Inbound Tourism (10) Tourism Industries (8) Domestic Tourism (6) Employment (6) Outbound Tourism (4) Complementary Indicators (3) This indicator is measured as a percentage of total GDP or a percentage of GVA.
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tourism contribution to gdp by country 2022
