Malta: IB Geography Tourism Project

 Gross Domestic Product (GDP):

The contribution of Travel & Tourism to Gross Domestic Product (GDP) is expected to rise from 22.6% (EUR1,366.3 mn or US$1,905.3 mn) in 2009 to 25.0% (EUR2,553.3 mn or US$3,265.0 mn) by 2019


Growth:
Real GDP growth for the Travel & Tourism Economy is expected to be 0.3% in 2009 and to average 4.0% per annum over the coming 10 years

 

Employment :

The contribution of the Travel & Tourism Economy to employment is expected to rise from 43,000 jobs in 2009, 27.1% of total employment, or 1 in every 3.7 jobs to51,000 jobs, 30.5% of total employment or 1 in every 3.3 jobs by 2019.

Exports:

Export earnings from international visitors and tourism goods are expected to generate 17.7% of total exports (EUR960.6 mn or US$1,339.5 mn) in 2009, growing (nominal terms) to EUR1,945.9 mn or US$2,488.4 mn (18.0% of total) in 2019.


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