Share Details. In 1995, the Maldives received 315,000 international arrivals and US$211 million in tourism receipts. From 1995 to 2028, an average of 81.19% of all countries have available data for this indicator . New, Everything you need to know about the industry development, Find studies from all around the internet. In 2019 Philippines was number 4 in Total Tourism GDP. Its GDP in terms of purchasing power parity is around $2.96 trillion. Number of McDonald's restaurants worldwide 2005-2019, Average daily rate of hotels in the U.S. 2001-2019, Hotel industry worldwide- Statistics & Facts, Profit from additional features with an Employee Account. Blue = Data, Grey = No Data. Profit from additional features by authenticating your Admin account. Label. 3. Tourism has transformed many emerging economies in the last 50 years including Seychelles and the Maldives. The top contenders have remained fairly consistent, as each country brings something unique to the table—from natural wonders to historic and man-made structures.. Where Highest-Spending Tourists Come From Accessed November 30, 2020. https://www.statista.com/statistics/1100368/countries-highest-gdp-travel-tourism/, WTTC. The U.S. remains a global epicenter for COVID-19 cases, and details remain unconfirmed if the country will reopen to visitors before summer. As the fastest-growing T&T region, Asia-Pacific continues to increase in importance for the global industry. October 9, 2019. Select background. yearly; quarterly; monthly; latest data available. 81.19% of all countries have available data for this indicator for 2028. This page provides - Cyprus Tourism Revenues- actual values, historical … In 2016 tourism supported 188,000 full-time-equivalent jobs (nearly 7.5% of New Zealand's workforce). Since 2014 Iceland Total Tourism GDP increased 12.4points year on year close to 9.17 Percent of GDP. With a population of over 4 million, travel and tourism contributes to 25% of its workforce. All; OECD (37) European Union (27) Euro Area (19) G7; G20; None; Show baseline: OECD. Top Losers in 2019: Out of 193 economies estimated by IMF, GDP of 72 economies has decreased in 2019 compare to 2018. Latest official GDP figures published by the World Bank. Online tool for visualization and analysis. Travel and Tourism direct contribution to GDP . Directly accessible data for 170 industries from 50 countries Tourism plays a significant part in Australia’s economy, contributing to both GDP and employment. Tourism Revenues in Cyprus increased to 71100 EUR Thousand in August from 42500 EUR Thousand in July of 2020. Chart. MORE. Find a country by name. The country’s tourism industry contributed 12.7 percent to the country’s gross domestic product (GDP) last year, an improvement from the 12.3 percent recorded in 2018. The United States of America is the top country by travel and tourism direct contribution to GDP in the world. Data Source: World Travel & Tourism Council. Key tourism indicators, Snapshot of data for a fixed period (data will not change even if updated on the site). February 3, 2020. However, given China’s future tourism potential and needs, more investment needs to be diverted to enhancing the quality of roads (42nd), airports (53rd) and ports (55th). India was ranked 34th in the Travel & Tourism Competitiveness Report 2019 … £145.9bn (7.2%) of UK GDP ONS, 2018 GVA £67.8bn. Currently highlighted. Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. India, Japan, and Indonesia are third, fourth and fifth largest contributer, respectively. As of 2019, travel and tourism direct contribution to GDP in the United States of America was 581 billion US dollars that accounts for 20.14% of the world's travel and tourism direct contribution to GDP. Tourism Revenues in Cyprus averaged 162233.35 EUR Thousand from 2001 until 2020, reaching an all time high of 431600 EUR Thousand in August of 2019 and a record low of 6700 EUR Thousand in June of 2020. United States: 80 million tourists. ", WTTC, Countries with the highest share of GDP generated by direct travel and tourism worldwide in 2019 Statista, https://www.statista.com/statistics/1100368/countries-highest-gdp-travel-tourism/ (last visited November 30, 2020), Countries with the highest share of GDP generated by direct travel and tourism worldwide in 2019, Nations with the largest share of GDP from direct travel and tourism 2019, Latin America & Caribbean: travel & tourism contribution to GDP 2010-2019, Latin America & Caribbean: tourism GDP decline due to COVID-19 by scenario 2020, Latin America: international tourism receipts 2017-2018, by subregion, Latin America & Caribbean: travel and tourism capital investment 2010-2019, Latin America & Caribbean: government spending on travel and tourism 2015-2025, Latin America & Caribbean: most tourism-dependent employment markets 2018, Latin America & Caribbean: foreign visitor arrivals 2008-2018, Latin America: foreign visitor arrivals 2010-2018, by subregion, Latin America & Caribbean: outbound tourist departures 2018, by country, Latin America: reasons to travel internationally 2019, Latin America: spending of inbound tourists 2018, by country, Latin America & Caribbean: domestic tourism spending 2015-2025, Latin America & Caribbean: spending on international tourism 2010-2018, Latin America & Caribbean: spending on international tourism 2018, by country, Latin America: main cities in international visitor spending 2018, Latin America: most expensive business travel destinations 2019, Latin America: most affordable cities for backpacking 2020, Central and South America: top cities for tourists 2019, Latin America: international visitors city destinations 2018, Latin America: preferred leisure tourism destinations 2019, Latin America: top hotel companies 2020, by number of hotels, Monthly hotel occupancy rates of the Americas 2015-2020, by region, Monthly revenue per available room of hotels in the Americas 2015-2020, by region, Latin America: countries leading hotel construction 2020, by number of rooms, Latin America: number of projects in the lodging industry 2020, by project phase, Mexico: impact of COVID-19 on the tourism sector 2020, Brazil: economic impact of COVID-19 on tourism 2019-2020, Dominican Republic: impact of COVID-19 on tourism GDP by scenario 2020, Ecuador: economic impact of coronavirus on tourism by scenario 2020, Bolivia: economic impact of COVID-19 on tourism by sector 2020, Direct contribution of the tourism industry as a share of GDP Indonesia 2008-2017, Gross salary of travel and tourism industry employees in Italy 2019, by gender, Share of layoffs in the tourism industry due to the coronavirus in Norway by sector, Revenue in the travel industry in Germany 2005-2018, Travel and tourism: share of GDP worldwide 2000-2019, Annual value added of the tourism industry in Norway 2011-2018, Employee number of the tourism industry in Norway 2011-2018, Travel industry digital ad spend in the U.S. 2017-2021, Annual added value of the tourism industry in Italy 2010-2016, Annual added value of the tourism industry in Italy 2016, by region, Investment plans among travel industry companies Germany autumn 2019, Tourism industry growth in Russia Q2 2020, by indicator, Firms in the tourism industry at risk of closing due to the coronavirus in Italy 2020, Travel and tourism: direct contribution to employment worldwide 2019, by country, Employment in the tourism industry Hong Kong 2007-2018 by sector, Leading ten jobs in the tourism industry in Italy, Value added by the tourism industry Hong Kong 2008-2018, by sector, Revenue from the travel industry in China 2008-2019, Number of employees in the tourism industry Malaysia 2010-2017, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Population figures based on United Nations data. Latin America & Caribbean: countries with most international tourist arrivals 2018, COVID-19: GDP loss from unemployment in tourism industry 2020, by region, Travel industry market size worldwide, by region 2019, Caribbean: total contribution of travel and tourism to GDP 2019, by country. Please do not hesitate to contact me. The National Economic and Social Development Council (NESDC, recently renamed from NESDB) stated begin February 2019 that Tourism accounted for 18.4 % (or close to one fifth) of the GDP of Thailand. Are you interested in testing our corporate solutions? You only have access to basic statistics. License: CC BY-4.0 Line Bar Map. ST. KITTS AND NEVIS ECONOMIC BRIEF 2019. to an estimated EC$1,036.3 mn (7.4 months of imports) in 2019 (see Chart 3). The United States of America is the top country by travel and tourism direct contribution to GDP in the world. Tourism is one of the United States' biggest contributors to the country's GDP. By 2014 arrivals exceeded 1.2 million and tourism receipts were US$2,645 million. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Almost 1.5 million ... contributing more than a third of the country’s GDP. The demand of China outbound tourism grows continuously. 3.9% of UK GVA (2017 est) ONS, Tourism Satellite Accounts Forecast Growth 2019 7.8% VisitBritain, 2019 SECTION 1: Volume and Value of the UK Tourism Industry 1: The Value of Tourism The UK Tourism Industry’s International Ranking • The UK is the seventh largest international Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. In 2018, tourism contributed 11.04% of China's overall GDP, which increased a further 1.2% in 2019. The top 5 countries also includes Maldives, Seychelles, Saint Kitts and Nevis, and Grenada. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Data Coverage. 2010. Travel and tourism contributed $1.6 trillion to the nation’s GDP. In 2017, it was both the second-largest destination for international visitors and boasted the second-largest volume of international tourist receipts. Having exceeded the target of 4,5 million non-resident visitors in 2019, and hotel occupancy reaching 57.8%, tourism in Colombia grew above the 3.3% increase in GDP for the same year, and highest for a Latin American nation. Nominal GDP is useful for large-scope GDP comparison, either for a country or region or on an international scale. License: CC BY-4.0 Line Bar Map. Tourist Arrivals in China averaged 1245.64 Tens of Thousands from 1978 until 2019, reaching an all time high of 3188 Tens of Thousands in 2019 and a record low of 22.96 Tens of Thousands in 1978. By incorporating an area’s inflation rate in the GDP calculation, nominal GDP can indicate when prices rise in an economy. importance of tourism in a country in the same sense as the GDP of any productive activity does. Topping the list was the U.S., with tourism contributing over $1.8 trillion to its economy, or 8.6% of its GDP in 2019. Turkey's tourism numbers are down, which has affected other sectors of the economy (photo: Noe Falk Nielsen/NurPhoto/Sipa U/Newscom) IMF Country Focus; Turkey's Economy Hit By Declining Tourism. Most Recent Year. Revenue Statistics 2019 - Australia Tax-to-GDP ratio over time Tax-to-GDP ratio compared to the OECD, 2017 Tax-to-GDP ratio * Australia and Japan are unable to provide provisional 2018 data, therefore their latest 2017 data are presented within this country note. Data released by the Philippine Statistics Authority (PSA) showed the country’s Tourism Direct Gross Value Added (TDGVA) amounted to P2.48 trillion in … From 1995 to 2028, an average of 81.19% of all countries have available data for this indicator . Country. Coronavirus; Population ; W; GDP; GDP by Country; GDP by Country. Almost 1.5 million ... contributing more than a third of the country’s GDP. Time. (February 3, 2020). Remove all. Corporate solution including all features. Its GDP in terms of purchasing power parity is around $2.96 trillion. Select background. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. Statista. Tourist Arrivals in Thailand averaged 1525826 from 1997 until 2020, reaching an all time high of 3930800 in December of 2019 and a record low of 0 in April of 2020. Learn more about how Statista can support your business. China Outbound Tourism 2019. The flow-on effects of tourism indirectly contribute a further 4.3% of GDP (or NZ$9.8 billion). Blue = Data, Grey = No Data. Tourism direct GDP corresponds to the part of GDP generated by all industries directly in contact with visitors. 1. Commodities include, Accommodation, transportation, Entertainment and Attractions. In 2016 tourism supported 188,000 full-time-equivalent jobs (nearly 7.5% of New Zealand's workforce). WTTC. The Philippine Statistics Authority (PSA) reported recently that tourism’s contribution to the country’s GDP grew from 12.3 percent in 2018 to12.7 percent in 2019. Tourism plays an ever more important role in the Thai economy. Industries Incl… Definition of Tourism GDP. This feature is limited to our corporate solutions. Selected Countries and Economies. It is expected that the number of China outbound trips will reach 178.4 million with the total tourism expenditure of about CNY 1.2727 trillion by 2022. Tourism in New Zealand comprises an important sector of the national economy – it directly contributed NZ$16.2 billion (or 5.8%) of the country's GDP in the year ended March 2019.