The United States' travel and tourism industry directly contributed the largest amount to gross domestic profit (GDP) out of any country worldwide with a total contribution of 580.7 billion U.S. dollars in 2019. Comparatively, the ever-growing travel and tourism industry in China directly contributed the second largest sum to GDP. Meanwhile, Europe was home to half of the top 10 countries with the highest direct contribution to GDP globally (through travel and tourism).
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 contribution of travel and tourism to GDP in leading countries worldwide in 2019
(in billion U.S. dollars)
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. 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 (eg museums) or recreational (eg national parks). Figures show nominal prices. Release date is date accessed.
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WTTC. (February 3, 2020). Direct contribution of travel and tourism to GDP in leading countries worldwide in 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 04, 2020, from https://www.statista.com/statistics/292461/contribution-of-travel-and-tourism-to-gdp-in-select-countries/
WTTC. "Direct contribution of travel and tourism to GDP in leading countries worldwide in 2019 (in billion U.S. dollars)." Chart. February 3, 2020. Statista. Accessed July 04, 2020. https://www.statista.com/statistics/292461/contribution-of-travel-and-tourism-to-gdp-in-select-countries/
WTTC. (2020). Direct contribution of travel and tourism to GDP in leading countries worldwide in 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 04, 2020. https://www.statista.com/statistics/292461/contribution-of-travel-and-tourism-to-gdp-in-select-countries/
WTTC. "Direct Contribution of Travel and Tourism to Gdp in Leading Countries Worldwide in 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Feb 2020, https://www.statista.com/statistics/292461/contribution-of-travel-and-tourism-to-gdp-in-select-countries/
WTTC, Direct contribution of travel and tourism to GDP in leading countries worldwide in 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/292461/contribution-of-travel-and-tourism-to-gdp-in-select-countries/ (last visited July 04, 2020)
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