Travel & tourism: global economic impact forecast 2020-2029

The forecast for the direct contribution of travel and tourism to global GDP in 2029 is a little under 5,563 trillion U.S. dollars. In contrast, the total contribution to GDP worldwide is predicted to reach 18,031 billion U.S. dollars in 2029.

Outlook of the direct and total contribution of travel and tourism to GDP from 2020 to 2029 (in billion U.S. dollars)

Characteristic	Direct contribution	Total contribution
2029	5,562.81	18,031
2028	5,230.74	16,937.9
2027	4,918.83	15,882.5
2026	4,627.12	14,897.1
2025	4,346.34	13,953.6
2024	4,080.35	13,072.1
2023	3,829.38	12,242.9
2022	3,593.51	11,469.3
2021	3,367.77	10,740.5
2020	3,131.23	10,001.1

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Release date

February 2020

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Region

Worldwide

Survey time period

2019

Supplementary notes

GDP generated by industries that deal directly with tourists, including hotels, travel agents, airlines and other passenger transport services as well as the activities of restaurant and leisure industries that deal directly with tourists.
Figures show nominal prices.
Release date is date accessed.

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