Travel and tourism: share of GDP worldwide 2000-2019
The direct contribution of the travel and tourism industry accounted for 3.3 percent of the total global GDP in 2019, showing a small rise over the previous year. Comparatively, the total contribution of the travel and tourism industry in 2019 accounted for 10.4 percent of the total GDP worldwide.
Direct:
The direct contribution of travel and tourism to GDP reflects the ‘internal’ spending on travel and tourism (total spending within a particular country on travel and tourism by residents and non-residents for business and leisure purposes), as well as government 'individual' spending - spending by government on travel and tourism services directly linked to visitors, such as cultural (e.g. museums) or recreational (e.g. national parks).
Total:
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.
What is GDP?
GDP is the total value of all goods and services produced in a country in a year. It is considered an important indicator of the economic strength of a country and a positive change is an indicator of economic growth.
Direct:
The direct contribution of travel and tourism to GDP reflects the ‘internal’ spending on travel and tourism (total spending within a particular country on travel and tourism by residents and non-residents for business and leisure purposes), as well as government 'individual' spending - spending by government on travel and tourism services directly linked to visitors, such as cultural (e.g. museums) or recreational (e.g. national parks).
Total:
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.
What is GDP?
GDP is the total value of all goods and services produced in a country in a year. It is considered an important indicator of the economic strength of a country and a positive change is an indicator of economic growth.
