World Travel & Tourism Economic Impact Report

In spite of ever more frequent shocks, Travel & Tourism continued to make increasing contributions to the global economy through 2016.

Overview 

Despite the ever-increasing and unpredictable shocks from terrorist attacks and political instability, to health pandemics and natural disasters, Travel & Tourism continued to show its resilience in 2016, contributing direct GDP growth of 3.1% and supporting 6 million net additional jobs in the sector. In total, Travel & Tourism generated US$7.6 trillion (10.2% of global GDP) and 292 million jobs in 2016, equivalent to 1 in 10 jobs in the global economy. The sector accounted for 6.6% of total global exports and almost 30% of total global service exports.

Methodology

The report covers 185 countries and 26 regions of the world, providing the necessary data on 2016 performance as well as unique 10-year forecasts on the sector’s potential.

Why You Need to Read It

The report contains powerful data on the global impact of travel and tourism. 

Download the report. (PDF)