Countries That Rely On Tourismworld Cup 2018 Tourism

The tourism industry makes up 439 of its economy bringing in roughly 266 billion in revenue.

Michigan tourism website. Find compare and share oecd data by indicator. Macau an administrative region of china is by far the area of the world most reliant on tourism. By 2028 over 38 million jobs in russia are forecast to rely on travel tourism the travel tourism sector grew by 32 in 2017 compared to growth of 22 in the wider russian economy.

The countries that are colored red have a tourism industry that constitutes more than 7 of overall gdp. Some 25 million tickets have been allocated and sold as of last week for the 2018 world cup compared to 34 million attendees for the 2014 world cup in brazil according to fifa soccers. This article takes a closer look at the places where tourism has the biggest impact on the local economy.

Organisation for economic co operation and development oecd. In the map above each country is given one of four colors to designate the percentage of gdp taken up by the tourism industry. 2029 total gdp.

In 2018 the ratio of travel receipts to gdp was highest among the eu member states in croatia 184 cyprus 139 and malta 127 confirming the importance of tourism to these countries see table 3. Top 10 countries most reliant on tourism macau. The participation of many of the key markets in the world cup will have bolstered numbers for 2018 but the long term future is more difficult to call not least because now that the football is.

Tourism gdp corresponds to the part of gdp generated by all industries in response to internal tourism consumption. Many politicians and economists in the past two decades hold optimistic views on the short term impacts of the world cup believing that by increasing the demand for domestic tourism and retailing the world cup will bring additional revenue and employment to the host countries goodman stern 1994. Some 89 million tourists popped by in 2017 an 8 per cent increase on the previous year making it yet.