Report on the impact of tourism on the economy in 2021 From World Tourism Council

The following is the Report on the impact of tourism on the economy in 2021 From World Tourism Council recommended by recordtrend.com. And this article belongs to the classification: Investment & Economy, Tourism economy, research report.
For 30 years, the World Tourism Council (WTTC) has been quantifying the economic impact of tourism and emphasizing its importance to the global economy.
The impact of the new crown emphasizes the great importance and positive contribution of tourism. It can promote socio-economic development, create employment, reduce poverty, promote prosperity and positive social impact, including providing unique employment opportunities for women, ethnic minorities and youth.
In 2019, tourism is one of the largest industries in the world, accounting for 10.4% (US $9.2 trillion) of global GDP and 10.6% (334 million) of all jobs, and creating 1 / 4 of new jobs. In addition, in 2019, international tourist expenditure reached US $1.7 trillion, accounting for 6.8% of total exports and 27.4% of global service exports.
Due to the continuous restriction of Xinguan on international liquidity, the tourism industry has suffered a loss of nearly US $4.5 trillion, and its contribution to global GDP has decreased by 49.1% compared with 2019, reaching only US $4.7 trillion by 2020; Relative to the global economy, GDP fell by 3.7%. The consumption of domestic tourists decreased by 45%, while that of international tourists decreased by 69.4%.
In 2020, 62 million jobs will be lost, leaving only 272 million jobs in the global tourism industry. The whole tourism ecosystem has decreased by 18.5%. Among all enterprises in the world, 80% of small and medium-sized tourism enterprises (SMEs) are particularly affected. Millions of the remaining 272 million jobs currently supported by government retention plans and reduced working hours could be lost without a full resumption of tourism.
The positive actions of governments around the world have effectively enabled the tourism industry to save millions of jobs at risk through retention plans. But the contribution of tourism to GDP fell by nearly 50% in 2020, making government support more important than ever.
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