Travel industry seen to contribute $11-T to global GDP in 2024
Travel industry seen to contribute $11-T to global GDP in 2024
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NewsTranscript
00:00The Travel and Tourism Industry's contribution to Global Gross Domestic Product, or GTP,
00:06is projected to reach new levels.
00:09The World Travel and Tourism Council, or WTTC, forecasts a rise in GDP contribution by 12.1%
00:17to $11.1 trillion and accounting for 10% of world's GDP.
00:22Moreover, travel expenditures in the US, China, and Germany are projected to have the greatest
00:28impact on GDP.