Travel and tourism: share of total global GDP 2000-2020
The travel and tourism industry's total GDP accounted for 5.5 percent of the global GDP in 2020. This figure saw a huge decline over the previous year as a result of the coronavirus (COVID-19) pandemic which caused travel disruption across the world.
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.
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.
