Tourism GDP losses in the Caribbean due to COVID-19 2020, by scenario

Due to the COVID-19 pandemic, the contribution of travel and tourism to the Caribbean gross domestic product (GDP) in 2020 could suffer losses of up to 44 billion U.S. dollars, in a worst case scenario. In a best case scenario, the losses in the tourism GDP of the region could amount to 27 billion U.S. dollars, if immediate actions were taken for the recovery of this sector during the second half of 2020. In 2019, the contribution of travel and tourism to the GDP in the Caribbean amounted to nearly 59 billion U.S. dollars.