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Direct contribution of travel and tourism to GDP in India 2012-2028

In 2018, the direct contribution of travel and tourism sector to India's GDP was over 98 billion U.S. dollars. This was forecasted to be 194 billion U.S. dollars by 2028. India had the second highest tourism GDP contribution in Asia-Pacific in 2018.

Ever-growing industry

   Travel and tourism is one of India’s largest economic sectors, ranking eighth among the leading countries in terms of direct contribution to GDP. As a dynamic sector, it was estimated to provide employment to over 81 million people in 2018, including both direct and indirect employment. Even though a variety of skilled jobs are offered in this sector, employment under passenger transportation has been the highest through the years.

Tourism as revenue machinery

Most of the tourism revenue in India comes from domestic tourists. However, India has witnessed an exponential rise in foreign exchange earnings since 2000, along with an increased inflow of foreign tourists into the country. Even though India is not among the top ten countries with the highest foreign tourism revenue, it is not too far behind. In recent years, the government has implemented new visa policies and advertised niche tourism products to boost tourism.

Direct contribution of travel and tourism to GDP in India from 2012 to 2018, with an estimate for 2028

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Sources

Release date

September 2020

Region

India

Survey time period

2012 to 2018

Special properties

based at real 2017 prices

Supplementary notes

*Forecast.

One Indian rupee is equal to 0.014 euros and 0.013 U.S. dollars (as of January 2020).

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Statistics on "International tourism in India"

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