The World Travel and Tourism Council has launched a brand new announcement Power and performance report as a part of World Tourism Day.
China, the US and India occupy the highest three spots in the brand new rankings, which mix growth over the past seven years in tourism’s share of GDP, international tourist spending, domestic tourism spending and capital investment.
WTTC Chief Executive Officer Gloria Guevara commented: “World Tourism Day is a worldwide celebration of a sector that accounts for 10.4 percent of worldwide GDP and 313 million jobs.
“The new WTTC report presents strength and performance rankings that showcase the most successful countries in the overall development of their tourism sectors.”
Using WTTC’s annual economic impact data, the brand new report assessed the performance of 185 countries over the past seven years by combining 4 indicators: tourism’s contribution to GDP, foreign tourist spending, domestic tourism spending and tourism capital investment.
The inclusion of domestic spending and investment allows for a more rounded measure of performance and prioritization than the more typical measures of contribution to GDP and international spending.
The report includes two rankings.
The Power rating includes countries where tourism has increased in absolute terms over the past seven years.
The top ten countries in the facility rankings are:
- China
- USA
- India
- Mexico
- United Kingdom
- Spain
- Turkey
- Canada
- Indonesia
- = Australia and United Arab Emirates
The Performance Ranking includes countries whose tourism has grown the fastest in percentage terms over the past seven years.
These are countries which are maximizing tourism’s ability to drive economic development.
The top ten countries within the productivity rating are:
- Myanmar
- Iraq
- Georgia
- Rwanda
- Iceland
- Nicaragua
- runny nose
- Congo
- Armenia
- Ivory Coast
Guevara continued: “It is value noting that the league is dominated by G20 countries, representing 12 of the 20 largest countries, which once more demonstrates the importance of tourism to each mature markets and the worldwide economy.
“The emergence of emerging countries highlights the central role that tourism can play in developing economies.”
She added: “WTTC advocates that such growth ought to be driven by strong travel facilitation policies, sustainable and proactive planning and a strong infrastructure that may withstand crises.
“Under such management, tourism can thrive, as in the case of Indonesia, where radical visa reform has been accompanied by rapid growth in international tourist arrivals over the past seven years.”
Source: wttc.org
