Specifically, the industry grew 2 percent year-on-year to reach $7.7 trillion. That figure represents 7.6 percent of the global economy in 2022, the highest sector contribution since 2019. With that said, the global GDP for the industry is still 22.9 percent behind its 2019 peak.
Which country has the largest tourist economy?
The United StatesThe United States was the country worldwide with the highest international tourism receipts in 2022. That year, inbound tourism receipts in the U.S. amounted to roughly 135 billion U.S. dollars.
Where does tourism rank as a global industry?
How important is tourism to the world’s economy?
Tourism is vital for the success of many economies around the world. There are several benefits of tourism on host destinations. Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens.
What country has the highest GDP from tourism?
the United StatesIn 2022, the United States reported the highest total contribution of travel and tourism to GDP, with these industries generating, directly and indirectly, roughly two trillion U.S. dollars.