Latin America: change of travel and tourism direct contribution to GDP 2010-2018

From 2010 to 2018, the growth rates of direct contribution of the travel and tourism sector to the GDP in Latin American and the Caribbean registered considerable fluctuations. Nevertheless, the figures of the Caribbean showed a more positive trend, with only one negative number during that period. Latin America, on the other hand, recorded negative growth rates in 2010, 2016 and 2017. In 2018, the direct contribution of the travel and tourism sector to the GDP grew 2.41 percent in Latin America and 2.1 percent in the Caribbean.

Change in direct contribution of the travel and tourism sector to the gross domestic product in Latin America and the Caribbean from 2010 to 2018

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Sources

Release date

May 2019

Region

Central and South America

Survey time period

2018

Special properties

Compared to the previous year

Supplementary notes

The calculation does not include Mexico.

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