How large is the global tourism market?

In 2020, the market size of the global tourism sector declined over the previous year, reaching 1.09 trillion U.S. dollars. This industry’s market size was forecast to rise to 1.3 trillion U.S. dollars in 2021.

What percentage of the world economy is tourism?

In 2019, the Travel & Tourism sector contributed 10.4% to global GDP; a share which decreased to 5.5% in 2020 due to ongoing restrictions to mobility.

How much is the tourism industry worth annually globally?

Tourism in Australia continues to be a driver of growth for the Australian economy, with domestic and international tourism spend totalling $122 billion in 2018-19. In the financial year 2018–19, Australia generated $60.8 billion in direct tourism gross domestic product (GDP).

How much is the tourism market worth?

Tourism contributes £106 billion to the British economy & GDP and supports 2.6 million jobs. By 2025 the UK tourism industry will be worth over £257 billion, around 10% of the UK GDP. The industry supports 3.8 million jobs and has a huge impact on the UK economy.

What’s the size of the global tourism market?

Compared to a decade ago, global tourism market has undergone a lot of changes. Emerging economies now account for more market share as compared to developed economies. As per International Travel Association (ITA), the number of international tourists arrivals in the U.S.is expected to grow from 69.8 million in 2013 to 83.8 million by 2018.

Where can I find the latest tourism statistics?

Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. All statistical tables available are displayed and can be accessed individually.

How does UNWTO collect statistics for tourism industry?

UNWTO systematically gathers tourism statistics from countries and territories around the world into a vast database that constitutes the most comprehensive statistical information available on the tourism sector.

How many tourists visit United States each year?

As per International Travel Association (ITA), the number of international tourists arrivals in the U.S.is expected to grow from 69.8 million in 2013 to 83.8 million by 2018. Government bodies and organizations such as World Tourism Organization UNWTO are promoting tourism in order to attract diverse tourists across the globe.