WTTC Report Jamaica 2017

TRAVEL & TOURISM
ECONOMIC IMPACT 2017

JAMAICA
For more information, please contact:
ROCHELLE TURNER | Research Director
rochelle.turner@wttc.org
EVELYNE FREIERMUTH | Policy & Research Manager
evelyne.freiermuth@wttc.org
COVER: Ice Scours The North Caspian Sea - NASA

INSIDE COVER: Prince Regent National Park, Australia - NASA
FOREWORD
The United Nations has designated 2017 the International Year of Sustainable
Tourism for Development. As one of the world’s largest economic sectors, Travel
& Tourism creates jobs, drives exports, and generates prosperity across the world.
The International Year provides an enormous opportunity to further showcase the
tremendous economic, social, cultural, environmental, and heritage value that the
sector can bring.
The right policy and investment decisions are only made with empirical evidence. For over 25
years, the World Travel & Tourism Council (WTTC) has been providing this evidence, quantifying
the economic and employment impact of Travel & Tourism. This year, the 2017 Annual
Economic Reports cover 185 countries and 26 regions of the world, providing the necessary
data on 2016 performance as well as unique 10-year forecasts on the sector’s potential.
Despite the ever-increasing and unpredictable shocks from terrorist attacks and political
instability, to health pandemics and natural disasters, Travel & Tourism continued to show
its resilience in 2016, contributing direct GDP growth of 3.1% and supporting 6 million net
additional jobs in the sector. In total, Travel & Tourism generated US$7.6 trillion (10.2% of global
GDP) and 292 million jobs in 2016, equivalent to 1 in 10 jobs in the global economy. The sector
accounted for 6.6% of total global exports and almost 30% of total global service exports.
For the sixth successive year, growth in Travel & Tourism outpaced that of the global economy
(2.5%). Additionally in 2016, direct Travel & Tourism GDP growth not only outperformed the
economy-wide growth recorded in 116 of the 185 countries covered by the annual economic
impact research (including in major Travel & Tourism economies such as Australia, Canada,
China, India, Mexico and South Africa), but it also was stronger than the growth recorded in
the financial and business services, manufacturing, public services, retail and distribution, and
transport sectors.
The outlook for the Travel & Tourism sector in 2017 remains robust and will continue to be
at the forefront of wealth and employment creation in the global economy, despite the
emergence of a number of challenging headwinds. Direct Travel & Tourism GDP growth is
expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly
inward, putting in place barriers to trade and movement of people, the role of Travel & Tourism
becomes even more significant, as an engine of economic development and as a vehicle for
sharing cultures, creating peace, and building mutual understanding.
Over the longer term, growth of the Travel & Tourism sector will continue to be strong so long
as the investment and development takes place in an open and sustainable manner. Enacting
pro-growth travel policies that share benefits more equitably can foster a talent and business
environment necessary to enable Travel & Tourism to realise its potential. In doing so, not only
can we expect the sector to support over 380 million jobs by 2027, but it will continue to grow
its economic contribution, providing the rationale for the further protection of nature, habitats,
and biodiversity.
WTTC is proud to continue to provide the evidence base required in order to help both public
and private bodies make the right decisions for the future growth of a sustainable Travel &
Tourism sector.
David Scowsill
President & CEO
TRAVEL & TOURISM ECONOMIC IMPACT 2017

CONTENTS
THE ECONOMIC IMPACT
OF TRAVEL & TOURISM
MARCH 2017
FOREWORD
2017 ANNUAL RESEARCH: KEY FACTS 1
DEFINING THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM 2
TRAVEL & TOURISM’S CONTRIBUTION TO GDP 3
TRAVEL & TOURISM’S CONTRIBUTION TO EMPLOYMENT 4
VISITOR EXPORTS AND INVESTMENT 5
DIFFERENT COMPONENTS OF TRAVEL & TOURISM 6
COUNTRY RANKINGS: ABSOLUTE CONTRIBUTION, 2016 7
COUNTRY RANKINGS: RELATIVE CONTRIBUTION, 2016 8
COUNTRY RANKINGS: REAL GROWTH, 2016 9
COUNTRY RANKINGS: LONG TERM GROWTH, 2017 - 2027 10
SUMMARY TABLES: ESTIMATES & FORECASTS 11
THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: REAL 2016 PRICES 12
THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: NOMINAL PRICES 13
THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: GROWTH 14
GLOSSARY 15
METHODOLOGICAL NOTE 16
REGIONS, SUB-REGIONS & COUNTRIES 17

JAMAICA
2017 ANNUAL RESEARCH: KEY FACTS 1
2017 FORECAST
GDP: DIRECT CONTRIBUTION

The direct contribution of Travel & Tourism to GDP was JMD162.6bn (USD1.4bn), 9.3% of total
GDP in 2016 and is forecast to rise by 4.6% in 2017, and to rise by 5.0% pa, from 2017-2027, to JMD277.5bn
(USD2.4bn), 13.4% of total GDP in 2027.
GDP: TOTAL CONTRIBUTION

The total contribution of Travel & Tourism to GDP was JMD529.2bn (USD4.5bn), 30.3% of GDP in 2016, and is
forecast to rise by 4.9% in 2017, and to rise by 5.0% pa to JMD905.5bn (USD7.7bn), 43.9% of GDP in 2027.
EMPLOYMENT: DIRECT CONTRIBUTION

In 2016 Travel & Tourism directly supported 97,000 jobs (8.4% of total employment). This is expected to rise by
4.1% in 2017 and rise by 4.4% pa to 155,000 jobs (12.2% of total employment) in 2027.
EMPLOYMENT: TOTAL CONTRIBUTION

In 2016, the total contribution of Travel & Tourism to employment, including jobs indirectly supported by
the industry was 27.5% of total employment (318,500 jobs). This is expected to rise by 4.3% in 2017 to 332,000
jobs and rise by 4.4% pa to 509,000 jobs in 2027 (40.0% of total).
VISITOR EXPORTS
Visitor exports generated JMD303.0bn (USD2,571.5mn), 58.2% of total exports in 2016. This is
forecast to grow by 5.1% in 2017, and grow by 5.6% pa, from 2017-2027, to JMD551.6bn (USD4,682.1mn) in 2027,
75.6% of total.
INVESTMENT
Travel & Tourism investment in 2016 was JMD43.2bn, 12.1% of total investment (USD0.4bn). It should rise by
7.0% in 2017, and rise by 6.8% pa over the next ten years to JMD89.5bn (USD0.8bn) in 2027, 21.1% of total.
1
All values are in constant 2016 prices & exchange rates
WORLD RANKING (OUT OF 185 COUNTRIES):

Relative importance of Travel & Tourism's total contribution to GDP
88 21 74 63
ABSOLUTE RELATIVE SIZE GROWTH LONG-TERM GROWTH
Size in 2016 Contribution to GDP in 2016 2017 forecast Forecast 2017-2027
TOTAL CONTRIBUTION OF BREAKDOWN OF TRAVEL & TOURISM'S TOTAL

TRAVEL & TOURISM TO GDP CONTRIBUTION TO GDP AND EMPLOYMENT 2016
2016 JMDbn GDP (2016 JMDbn)
1,000
98
900
800
269
700
600
500 163
400 EMPLOYMENT
300 97 ('000)
200 157
DIRECT
100 65
0 + INDIRECT
2011
2016
2017
2010
2014
2015
2007
2013
2008
2009
2012
2027
2027
+ INDUCED
DIRECT INDIRECT INDUCED
= TOTAL CONTRIBUTION OF TRAVEL & TOURISM
TRAVEL & TOURISM ECONOMIC IMPACT 2017 | 1

DEFINING THE ECONOMIC
CONTRIBUTION OF TRAVEL & TOURISM
Travel & Tourism is an important economic activity in most countries around the world. As well as its direct economic impact, the
industry has significant indirect and induced impacts. The UN Statistics Division-approved Tourism Satellite Accounting
methodology (TSA:RMF 2008) quantifies only the direct contribution of Travel & Tourism. But WTTC recognises that Travel &
Tourism's total contribution is much greater, and aims to capture its indirect and induced impacts through its annual research.
DIRECT
Travel & Tourism contribution
COMMODITIES
● Accommodation
● Transportation
● Entertainment
● Attractions
INDIRECT INDUCED TOTAL
INDUSTRIES Travel & Tourism contribution Travel & Tourism
● Accommodation services contribution (spending of direct and contribution
● Food & beverage services indirect employees)
● Retail Trade ● T&T investment spending
● Transportation services
● Cultural, sports & recreational ● Government collective T&T ● Food and beverages ● To GDP
services spending ● Recreation
● Clothing ● To employment
SOURCES OF SPENDING ● Impact of purchases from ● Housing
● Residents' domestic T&T suppliers ● Household goods
spending
● Businesses' domestic travel
spending
● Visitor exports
● Individual government T&T
spending
DIRECT CONTRIBUTION
The direct contribution of Travel & Tourism to GDP reflects the ‘internal’ spending on Travel & Tourism (total spending within a particular
country on Travel & Tourism by residents and non-residents for business and leisure purposes) as well as government 'individual' spending -
spending by government on Travel & Tourism services directly linked to visitors, such as cultural (eg museums) or recreational (eg national parks).
The direct contribution of Travel & Tourism to GDP is calculated to be consistent with the output, as expressed in National Accounting,
of tourism-characteristic sectors such as hotels, airlines, airports, travel agents and leisure and recreation services that deal directly with
tourists. The direct contribution of Travel & Tourism to GDP is calculated from total internal spending by ‘netting out’ the purchases made
by the different tourism sectors. This measure is consistent with the definition of Tourism GDP, specified in the 2008 Tourism Satellite
Account: Recommended Methodological Framework (TSA: RMF 2008).
The total contribution of Travel & Tourism includes its ‘wider impacts’ (ie the indirect and induced impacts) on the economy. The ‘indirect’
contribution includes the GDP and jobs supported by:
● Travel & Tourism investment spending – an important aspect of both current and future activity that includes investment activity
such as the purchase of new aircraft and construction of new hotels;
● Government 'collective' spending, which helps Travel & Tourism activity in many different ways as it is made on behalf of the
‘community at large’ – eg tourism marketing and promotion, aviation, administration, security services, resort area security services, resort
area sanitation services, etc;
● Domestic purchases of goods and services by the sectors dealing directly with tourists – including, for example, purchases of food and
cleaning services by hotels, of fuel and catering services by airlines, and IT services by travel agents.
The ‘induced’ contribution measures the GDP and jobs supported by the spending of those who are directly or indirectly employed by the
Travel & Tourism industry.
PLEASE NOTE THAT DUE TO CHANGES IN METHODOLOGY BETWEEN 2010 AND 2011, IT IS NOT POSSIBLE TO COMPARE FIGURES PUBLISHED BY WTTC FROM 2011 ONWARDS
WITH THE SERIES PUBLISHED IN PREVIOUS YEARS.
2 | WORLD TRAVEL & TOURISM COUNCIL

TRAVEL & TOURISM'S CONTRIBUTION
TO GDP1
The direct contribution of Travel & Tourism to GDP in 2016 was JMD162.6bn (9.3% of GDP). This is forecast to rise by 4.6% to JMD170.1bn in 2017.
This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation
services (excluding commuter services). But it also includes, for example, the activities of the restaurant and leisure industries directly supported by
tourists.
The direct contribution of Travel & Tourism to GDP is expected to grow by 5.0% pa to JMD277.5bn (13.4% of GDP) by 2027.
JAMAICA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO GDP
CONSTANT 2016 JMDBN % OF WHOLE ECONOMY GDP

300 16.0
14.0
250
12.0
200
10.0
150 8.0
6.0
100
4.0
50
2.0
0 0.0
2027
2009
2009
2007
2008
2007
2008
2027
2012
2013
2014
2016
2012
2014
2016
2010
2011
2015
2017
2010
2011
2015
2017
2013
2027
The total contribution of Travel & Tourism to GDP (including wider effects from investment, the supply chain and induced income impacts, see
page 2) was JMD529.2bn in 2016 (30.3% of GDP) and is expected to grow by 4.9% to JMD555.1bn (31.1% of GDP) in 2017.
It is forecast to rise by 5.0% pa to JMD905.5bn by 2027 (43.9% of GDP).
JAMAICA:TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO GDP

1,000 50.0
900 45.0
800 40.0
700 35.0
600 30.0
500 25.0
400 20.0
300 15.0
200 10.0
100 5.0
0 0.0
2016 2017 2027
2027
2027 2016 2017 2027
2027
Direct Indirect Induced Direct Indirect Induced
1

TRAVEL & TOURISM'S CONTRIBUTION
TO EMPLOYMENT
Travel & Tourism generated 97,000 jobs directly in 2016 (8.4% of total employment) and this is forecast to grow by 4.1% in 2017 to 101,000
(8.6% of total employment). This includes employment by hotels, travel agents, airlines and other passenger transportation services
(excluding commuter services). It also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists.
By 2027, Travel & Tourism will account for 155,000 jobs directly, an increase of 4.4% pa over the next ten years.
JAMAICA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT
'000 JOBS % OF WHOLE ECONOMY EMPLOYMENT

180.0 14.0
160.0 12.0
140.0
10.0
120.0
100.0 8.0
80.0 6.0
60.0
4.0
40.0
2.0
20.0
0.0 0.0
2009
2007
2008
2027
2012
2014
2016
2010
2011
2015
2017
2013
2007
2008
2009
2010
2011
2015
2017
2027
2012
2013
2014
2016
2027
2027
The total contribution of Travel & Tourism to employment (including wider effects from investment, the supply chain and induced
income impacts, see page 2) was 318,500 jobs in 2016 (27.5% of total employment). This is forecast to rise by 4.3% in 2017 to 332,000 jobs
(28.2% of total employment).
By 2027, Travel & Tourism is forecast to support 509,000 jobs (40.0% of total employment), an increase of 4.4% pa over the period.
JAMAICA:TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT

'000 JOBS % OF WHOLE ECONOMY EMPLOYMENT
600.0 45.0
40.0
500.0
35.0
400.0 30.0
25.0
300.0
20.0
200.0 15.0
10.0
100.0
5.0
0.0 0.0
2016 2017 2027
2027 2016 2017 2027
2027
Direct Indirect Induced Direct Indirect Induced

VISITOR EXPORTS AND INVESTMENT1
VISITOR EXPORTS
Visitor exports are a key component of the direct contribution of Travel & Tourism. In 2016, Jamaica generated
JMD303.0bn in visitor exports. In 2017, this is expected to grow by 5.1%, and the country is expected to attract 2,303,000 international tourist
arrivals.
By 2027, international tourist arrivals are forecast to total 3,623,000, generating expenditure of JMD551.6bn, an increase of 5.6% pa.
JAMAICA:VISITOR EXPORTS AND INTERNATIONAL TOURIST ARRIVALS
CONSTANT 2016 JMDBN mn FOREIGN VISITOR EXPORTS AS % OF TOTAL EXPORTS

600 4 80.0
3.5 70.0
500
3 60.0
400
2.5
50.0
300 2
40.0
1.5
200
30.0
1
100 20.0
0.5
0 0 10.0
2007
2008
2009
2010
2011
2015
2017
2027
2012
2013
2014
2016
2027
0.0
2009
2007
2008
2017
2027
2012
2013
2014
2016
2010
2011
2015
2027
FOREIGN VISITOR EXPORTS (LHS)
FOREIGN TOURIST ARRIVALS (RHS)
INVESTMENT
Travel & Tourism is expected to have attracted capital investment of JMD43.2bn in 2016. This is expected to rise by 7.0% in 2017, and rise by
6.8% pa over the next ten years to JMD89.5bn in 2027.
Travel & Tourism’s share of total national investment will rise from 12.7% in 2017 to 21.1% in 2027.
JAMAICA:CAPITAL INVESTMENT IN TRAVEL & TOURISM

100 25.0
90
80 20.0
70
60 15.0
50
40 10.0
30
20 5.0
10
0 0.0
2009
2007
2008
2027
2012
2013
2014
2016
2010
2011
2015
2017
2009
2007
2008
2027
2012
2014
2016
2010
2011
2015
2017
2013
2027
2027
1

DIFFERENT COMPONENTS OF
TRAVEL & TOURISM1
JAMAICA
TRAVEL & TOURISM'S CONTRIBUTION TO GDP:
BUSINESS VS LEISURE, 2016 Leisure travel spending (inbound and domestic)
generated 81.9% of direct Travel & Tourism GDP in
Leisure 2016 (JMD324.5bn) compared with 18.1% for business
spending travel spending (JMD71.8bn).
81.9%
Leisure travel spending is expected to grow by 4.8%
Business in 2017 to JMD340.1bn, and rise by 5.2% pa to
spending JMD565.7bn in 2027.
18.1%
Business travel spending is expected to grow by 3.2%
in 2017 to JMD74.1bn, and rise by 3.2% pa to
JMD102.0bn in 2027.
JAMAICA
TRAVEL & TOURISM'S CONTRIBUTION TO GDP:
DOMESTIC VS FOREIGN, 2016 Domestic travel spending generated 23.6% of direct
Travel & Tourism GDP in 2016 compared with 76.4%
Foreign visitor
for visitor exports (ie foreign visitor spending or
spending
international tourism receipts).
76.4%
Domestic
Domestic travel spending is expected to grow by
spending
2.5% in 2017 to JMD95.7bn, and rise by 2.0% pa to
23.6% JMD116.1bn in 2027.
Visitor exports are expected to grow by 5.1% in 2017

to JMD318.6bn, and rise by 5.6% pa to JMD551.6bn in
2027.
JAMAICA
BREAKDOWN OF TRAVEL & TOURISM'S
TOTAL CONTRIBUTION TO GDP, 2016 The Travel & Tourism industry contributes to GDP
Direct and employment in many ways as detailed on page 2.
30.7%
Induced
18.5%
The total contribution of Travel & Tourism to GDP
Indirect is three times greater than its direct contribution.
50.8%
a
Indirect is the
sum of:
(a) Supply chain
36.5%
(b) Investment
7.8%
c b
(c) Government
collective
6.5%
1

COUNTRY RANKINGS:
ABSOLUTE CONTRIBUTION, 2016
TRAVEL & TOURISM'S DIRECT 2016 TRAVEL & TOURISM'S TOTAL 2016
CONTRIBUTION TO GDP (US$bn) CONTRIBUTION TO GDP (US$bn)
World Average 19.1 World Average 57.3
62 Dominican Republic 3.9 58 Dominican Republic 12.5
66 Puerto Rico 2.8 66 Cuba 8.9
77 Cuba 2.1 67 Puerto Rico 8.1
82 Bahamas 1.8 88 Jamaica 4.5
92 Jamaica 1.4 90 Bahamas 4.0
113 Trinidad and Tobago 0.9 Caribbean Average 2.5
116 Aruba 0.8 110 Aruba 2.4
Caribbean Average 0.8 113 Trinidad and Tobago 2.3
126 Barbados 0.6 121 Barbados 1.8
149 Belize 0.2 148 Antigua and Barbuda 0.8
151 Antigua and Barbuda 0.2 152 Belize 0.7
CONTRIBUTION TO EMPLOYMENT '000 jobs CONTRIBUTION TO EMPLOYMENT '000 jobs
93 Cuba 110.0 70 Cuba 461.9
100 Jamaica 97.0 88 Jamaica 318.4
116 Bahamas 53.0 127 Bahamas 102.6
Caribbean Average 31.5 Caribbean Average 100.8
134 Trinidad and Tobago 28.4 140 Trinidad and Tobago 68.9
145 Puerto Rico 21.2 142 Puerto Rico 68.5
147 Belize 18.3 147 Barbados 50.8
150 Barbados 17.0 148 Belize 50.0
153 Aruba 14.9 153 Aruba 42.5
168 Antigua and Barbuda 6.1 164 Antigua and Barbuda 19.7
2016 2016
TRAVEL & TOURISM INVESTMENT (US$bn) VISITOR EXPORTS (US$bn)
59 Puerto Rico 1.5 43 Dominican Republic 7.0
83 Dominican Republic 0.6 67 Cuba 2.8
89 Bahamas 0.4 70 Jamaica 2.6
90 Trinidad and Tobago 0.4 71 Bahamas 2.5
98 Jamaica 0.4 90 Aruba 1.7
Caribbean Average 0.3 Caribbean Average 1.4
122 Aruba 0.2 98 Barbados 1.2
138 Barbados 0.1 108 Trinidad and Tobago 0.9
147 Belize 0.1 139 Belize 0.4
The tables on pages 7-10 provide provide brief extracts from the full WTTC Country League Table Rankings, highlighting comparisons with
competing destinations as well as with the world and regional average. Averages in above tables are simple cross-country averages.
The competing destinations selected are those that offer a similar tourism product and compete for tourists from the same set of origin markets.
These tend to be, but are not exclusively, geographical neighbours.

COUNTRY RANKINGS:
RELATIVE CONTRIBUTION, 2016
CONTRIBUTION TO GDP % share CONTRIBUTION TO GDP % share
3 Aruba 28.6 2 Aruba 88.1
7 Bahamas 19.8 5 Antigua and Barbuda 60.4
11 Antigua and Barbuda 16.1 9 Bahamas 44.8
15 Belize 14.1 13 Barbados 39.9
18 Barbados 12.9 15 Belize 38.1
Caribbean 4.7 Caribbean 14.9
World 3.1 World 10.2
118 Trinidad and Tobago 2.9 95 Cuba 9.6
145 Cuba 2.2 119 Trinidad and Tobago 7.9
CONTRIBUTION TO EMPLOYMENT % share CONTRIBUTION TO EMPLOYMENT % share
3 Bahamas 27.3 5 Antigua and Barbuda 54.3
10 Antigua and Barbuda 16.7 6 Bahamas 52.9
73 Trinidad and Tobago 4.4 Caribbean 13.4
Caribbean 4.2 80 Trinidad and Tobago 10.6
World 3.6 World 9.6
145 Puerto Rico 2.1 101 Cuba 8.9
TRAVEL & TOURISM CONTRIBUTION 2016 VISITOR EXPORTS 2016

TO TOTAL CAPITAL INVESTMENT % share CONTRIBUTION TO EXPORTS % share
6 Belize 27.9 9 Bahamas 62.2
16 Cuba 20.2 13 Jamaica 58.2
22 Bahamas 18.9 27 Dominican Republic 40.5
25 Puerto Rico 17.4 31 Belize 37.7
36 Jamaica 12.1 56 Cuba 19.2
World 4.4 World 6.6
127 Dominican Republic 3.7 118 Puerto Rico 6.2

COUNTRY RANKINGS:
REAL GROWTH, 2017
CONTRIBUTION TO GDP % growth CONTRIBUTION TO GDP % growth
89 Dominican Republic 4.8 59 Belize 5.3
98 Belize 4.4 76 Dominican Republic 4.8
111 Aruba 4.1 95 Trinidad and Tobago 4.4
Caribbean 4.0 114 Aruba 3.8
114 Puerto Rico 4.0 Caribbean 3.7
World 3.8 119 Puerto Rico 3.7
118 Trinidad and Tobago 3.8 121 Antigua and Barbuda 3.6
123 Antigua and Barbuda 3.7 World 3.6
125 Cuba 3.6 135 Bahamas 2.9
129 Bahamas 3.4 138 Cuba 2.8
184 Barbados -2.83 183 Barbados -2.51
CONTRIBUTION TO EMPLOYMENT % growth CONTRIBUTION TO EMPLOYMENT % growth
18 Cuba 6.8 18 Cuba 5.8
53 Trinidad and Tobago 4.8 52 Jamaica 4.3
69 Jamaica 4.1 57 Trinidad and Tobago 4.0
85 Bahamas 3.3 Caribbean 3.1
Caribbean 3.2 88 Bahamas 3.0
109 Dominican Republic 2.7 100 Aruba 2.7
World 2.1 107 Dominican Republic 2.6
131 Aruba 1.9 World 1.9
180 Barbados -3.46 179 Barbados -3.30
2017 2017
TRAVEL & TOURISM INVESTMENT % growth VISITOR EXPORTS % growth
7 Belize 9.6 55 Cuba 8.2
34 Jamaica 7.0 81 Puerto Rico 6.5
49 Dominican Republic 6.3 92 Trinidad and Tobago 5.9
World 4.1 Caribbean 5.3
101 Antigua and Barbuda 3.6 112 Dominican Republic 5.2
Caribbean 2.5 113 Jamaica 5.1
123 Puerto Rico 2.5 119 Belize 4.8
127 Trinidad and Tobago 2.4 120 Bahamas 4.7
131 Bahamas 2.3 World 4.5
138 Barbados 2.1 126 Aruba 4.4
141 Aruba 1.9 136 Antigua and Barbuda 3.8
163 Cuba 0.2 184 Barbados -3.13

COUNTRY RANKINGS:
LONG TERM GROWTH, 2017 - 2027
TRAVEL & TOURISM'S DIRECT 2017 - 2027 TRAVEL & TOURISM'S TOTAL 2017 - 2027
CONTRIBUTION TO GDP % growth pa CONTRIBUTION TO GDP % growth pa
61 Antigua and Barbuda 5.1 63 Jamaica 5.0

67 Jamaica 5.0 64 Antigua and Barbuda 5.0
70 Cuba 5.0 66 Belize 5.0
77 Belize 4.8 82 Cuba 4.7
World 4.0 World 3.9
129 Puerto Rico 3.3 133 Dominican Republic 3.2
136 Dominican Republic 3.1 149 Puerto Rico 2.8
165 Aruba 2.3 158 Trinidad and Tobago 2.5
171 Trinidad and Tobago 2.1 165 Aruba 2.3
TRAVEL & TOURISM'S DIRECT 2017 - 2027 TRAVEL & TOURISM'S TOTAL 2017 - 2027
CONTRIBUTION TO EMPLOYMENT % growth pa CONTRIBUTION TO EMPLOYMENT % growth pa

59 Puerto Rico 3.1 World 2.5
94 Barbados 2.4 90 Puerto Rico 2.3
World 2.2 101 Barbados 2.1
126 Cuba 1.6 134 Dominican Republic 1.5
130 Dominican Republic 1.5 151 Cuba 1.2
183 Aruba -0.41 179 Aruba 0.1
TRAVEL & TOURISM CONTRIBUTION 2017 - 2027 VISITOR EXPORTS 2017 - 2027
TO TOTAL CAPITAL INVESTMENT % growth pa CONTRIBUTION TO TOTAL EXPORTS % growth pa
13 Jamaica 6.8 41 Cuba 6.2

40 Belize 5.7 54 Jamaica 5.6
51 Barbados 5.4 64 Antigua and Barbuda 5.4
57 Antigua and Barbuda 5.1 76 Belize 5.0
62 Cuba 5.0 110 Barbados 4.3
76 Dominican Republic 4.6 World 4.3
World 4.5 117 Bahamas 4.1
127 Bahamas 3.1 123 Puerto Rico 3.9
147 Aruba 2.6 157 Dominican Republic 2.9
170 Puerto Rico 1.8 158 Trinidad and Tobago 2.9
174 Trinidad and Tobago 1.6 169 Aruba 2.5

SUMMARY TABLES:
ESTIMATES & FORECASTS
2016 2016 2017 2027
JAMAICA USDbn1 % of total Growth 2
USDbn 1 % of total Growth
3
Direct contribution to GDP 1.4 9.3 4.6 2.4 13.4 5.0

Total contribution to GDP 4.5 30.3 4.9 7.7 43.9 5.0
4
Direct contribution to employment 97 8.4 4.1 155 12.2 4.4
4
Total contribution to employment 318 27.5 4.3 509 40.0 4.4
Visitor exports 2.6 57.3 5.1 4.7 71.3 5.6
Domestic spending 0.8 5.3 2.5 1.0 5.6 2.0
Leisure spending 2.8 7.5 4.8 4.8 11.2 5.2
Business spending 0.6 1.7 3.2 0.9 2.1 3.2
Capital investment 0.4 12.1 7.0 0.8 21.1 6.8
1
2016 constant prices & exchange rates; 22017 real growth adjusted for inflation (%); 32017-2027 annualised real growth adjusted for inflation (%); 4'000 jobs
2016 2016 2017 2027

1 2
CARIBBEAN USDbn % of total Growth USDbn 1
% of total Growth3
Direct contribution to GDP 17.9 4.7 4.0 26.7 5.7 3.6
Total contribution to GDP 56.4 14.9 3.7 83.3 17.7 3.6
4
Direct contribution to employment 725 4.2 3.2 945 5.1 2.4
4
Total contribution to employment 2,319 13.4 3.1 2,951 15.8 2.1
Visitor exports 31.4 20.7 5.3 48.8 25.3 4.0
Domestic spending 12.2 3.2 0.8 15.6 3.3 2.4
Leisure spending 38.9 4.1 4.1 57.6 5.0 3.6
Business spending 4.8 0.5 3.4 6.8 0.6 3.2
Capital investment 6.8 12.3 2.5 9.8 13.9 3.5
1
2016 2016 2017 2027

1 2
WORLDWIDE USDbn % of total Growth USDbn 1
% of total Growth3
Direct contribution to GDP 2,306.0 3.1 3.8 3,537.1 3.5 4.0
Total contribution to GDP 7,613.3 10.2 3.6 11,512.9 11.4 3.9
4
Direct contribution to employment 108,741 3.6 2.1 138,086 4.0 2.2
4
Total contribution to employment 292,220 9.6 1.9 381,700 11.1 2.5
Visitor exports 1,401.5 6.6 4.5 2,221.0 7.2 4.3
Domestic spending 3,574.6 4.8 3.7 5,414.1 5.4 3.9
Leisure spending 3,822.5 2.3 3.9 5,917.7 2.7 4.1
Business spending 1,153.6 0.7 4.0 1,719.9 0.8 3.7
Capital investment 806.5 4.4 4.1 1,307.1 5.0 4.5
1
% of total refers to each indicator's share of the relevant whole economy indicator such as GDP and employment. Visitor exports is shown relative to total exports of goods and services.
Domestic spending is expressed relative to whole economy GDP. For leisure and business spending, their direct contribution to Travel & Tourism GDP is calculated as a share of
whole economy GDP (the sum of these shares equals the direct contribution). Investment is relative to whole economy investment.

THE ECONOMIC CONTRIBUTION OF
TRAVEL & TOURISM: REAL 2016 PRICES
JAMAICA
(JMDbn, real 2016 prices) 2011 2012 2013 2014 2015 2016 2017E 2027F
1. Visitor exports 240.8 239.7 249.7 279.2 301.3 303.0 318.6 551.6
Domestic expenditure
2. 70.9 72.5 80.7 95.1 93.3 93.4 95.7 116.1
(includes government individual spending)
3. Internal tourism consumption

311.7 312.3 330.4 374.3 394.6 396.3 414.2 667.7
(= 1 + 2 )
4. Purchases by tourism providers,

including imported goods -185.3 -185.0 -194.7 -220.8 -232.9 -233.7 -244.1 -390.2
(supply chain)
5. Direct contribution of
Travel & Tourism to GDP 126.4 127.3 135.7 153.5 161.6 162.6 170.1 277.5
(= 3 + 4)
Other final impacts

(indirect & induced) 154.3 155.5 165.6 187.4 197.3 198.5 207.7 338.8
6 Domestic supply chain
7. Capital investment 37.8 35.2 38.9 42.0 42.4 43.2 46.3 89.5
8. Government collective spending 39.5 40.6 38.9 36.6 36.2 35.3 37.3 52.0
Imported goods from indirect

9. -10.6 -7.4 -7.4 -7.9 -8.2 -8.2 -8.5 -12.6
spending
10. Induced 74.4 75.9 80.3 88.4 97.0 97.7 102.3 160.3
11. Total contribution of

(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12. Direct contribution of Travel & 81.6 76.6 81.6 93.6 94.1 97.0 100.9 155.4
Tourism to employment
Total contribution of Travel &

13. 267.3 256.6 272.6 306.3 309.1 318.4 332.0 508.5
Other indicators
16.5 38.0 36.8 44.6 37.7 35.6 36.8 51.6
14. Expenditure on outbound travel

TRAVEL & TOURISM: NOMINAL PRICES
JAMAICA
(JMDbn, nominal prices) 2011 2012 2013 2014 2015 2016 2017E 2027F
1. Visitor exports 176.9 187.4 212.3 255.1 285.5 303.0 336.1 970.2
2. 52.1 56.7 68.6 86.9 88.4 93.4 100.9 204.2

229.0 244.1 280.8 342.0 374.0 396.3 437.0 1174.4
(= 1 + 2 )

including imported goods -136.1 -144.6 -165.5 -201.8 -220.8 -233.7 -257.5 -686.2
(supply chain)
(= 3 + 4)
Other final impacts

(indirect & induced) 113.3 121.5 140.8 171.2 187.0 198.5 219.1 595.9
6. Domestic supply chain
7. Capital investment 27.7 27.5 33.0 38.4 40.2 43.2 48.8 157.4
8. Government collective spending 29.0 31.8 33.1 33.4 34.4 35.3 39.4 91.4

9. -7.8 -5.8 -6.2 -7.2 -7.8 -8.2 -9.0 -22.2
spending
10. Induced 54.6 59.3 68.3 80.8 91.9 97.7 107.9 281.9

Travel & Tourism to GDP 309.8 333.9 384.2 456.9 498.8 529.2 585.7 1,592.6
(= 5 + 6 + 7 + 8 + 9 + 10)
12. Direct contribution of Travel & 81.6 76.6 81.6 93.6 94.1 97.0 100.9 155.4

13. 267.3 256.6 272.6 306.3 309.1 318.4 332.0 508.5
Other indicators
12.1 29.7 31.3 40.8 35.7 35.6 38.8 90.7
*Concepts shown in this table align with the standard table totals as described in the 2008 Tourism Satellite Account: Recommended Methodological
Framework (TSA: RMF 2008) developed by the United Nations Statistical Division (UNSD), the Statistical Office of the European Communities (EUROSTAT),
the Organisation for Economic Co-operation and Development (OECD) and the World Tourism Organization (UNWTO).
Historical data for concepts has been benchmarked to match reported TSA data where available.

TRAVEL & TOURISM: GROWTH
JAMAICA
2
Growth1 (%) 2011 2012 2013 2014 2015 2016 2017E 2027F
1. Visitor exports -8.8 -0.5 4.2 11.8 7.9 0.6 5.1 5.6
2. -0.5 2.4 11.2 17.9 -1.9 0.1 2.5 2.0

-7.0 0.2 5.8 13.3 5.4 0.5 4.5 4.9
(= 1 + 2 )

including imported goods -5.2 -0.2 5.3 13.4 5.5 0.3 4.4 4.8
(supply chain)
Travel & Tourism to GDP -9.4 0.7 6.5 13.1 5.3 0.6 4.6 5.0
(= 3 + 4)
Other final impacts

(indirect & induced) -9.4 0.7 6.5 13.1 5.3 0.6 4.6 5.0
6. Domestic supply chain
7. Capital investment 16.4 -6.8 10.4 8.1 0.8 2.0 7.0 6.8
8. Government collective spending -0.3 2.8 -4.3 -5.9 -0.9 -2.5 5.6 3.4

9. 49.7 -30.0 -0.8 6.8 5.0 -1.1 4.9 4.0
spending
10. Induced -10.6 2.0 5.9 10.1 9.7 0.8 4.6 4.6

Travel & Tourism to GDP -7.9 1.3 5.8 10.6 5.2 0.6 4.9 5.0
(= 5 + 6 + 7 + 8 + 9 + 10)
12. Direct contribution of Travel & -3.9 -6.1 6.6 14.7 0.5 3.0 4.1 4.4

13. -3.8 -4.0 6.2 12.4 0.9 3.0 4.3 4.4
Other indicators
-11.7 130.9 -3.2 21.2 -15.6 -5.5 3.3 3.4
1 2
2011-2016 real annual growth adjusted for inflation (%); 2017-2027 annualised real growth adjusted for inflation (%)

GLOSSARY
KEY DEFINITIONS
TRAVEL & TOURISM and government individual spending. This does not include spending
Relates to the activity of travellers on trips outside their usual abroad by residents. This is consistent with total internal tourism
environment with a duration of less than one year. Economic activity expenditure in table 4 of the TSA: RMF 2008.
related to all aspects of such trips is measured within the research.
BUSINESS TRAVEL & TOURISM SPENDING
DIRECT CONTRIBUTION TO GDP Spending on business travel within a country by residents and
GDP generated by industries that deal directly with tourists, including international visitors.
hotels, travel agents, airlines and other passenger transport services,
as well as the activities of restaurant and leisure industries that LEISURE TRAVEL & TOURISM SPENDING
deal directly with tourists. It is equivalent to total internal Travel & Spending on leisure travel within a country by residents and
Tourism spending (see below) within a country less the purchases international visitors.
made by those industries (including imports). In terms of the UN’s
Tourism Satellite Account methodology it is consistent with total
GDP calculated in table 6 of the TSA: RMF 2008. INDIRECT AND INDUCED IMPACTS
DIRECT CONTRIBUTION TO EMPLOYMENT INDIRECT CONTRIBUTION
The number of direct jobs within Travel & Tourism. This is consistent The contribution to GDP and jobs of the following three factors:
with total employment calculated in table 7 of the TSA: RMF 2008.
• CAPITAL INVESTMENT: Includes capital investment spending
TOTAL CONTRIBUTION TO GDP by all industries directly involved in Travel & Tourism. This
GDP generated directly by the Travel & Tourism sector plus its also constitutes investment spending by other industries on
indirect and induced impacts (see below). specific tourism assets such as new visitor accommodation
and passenger transport equipment, as well as restaurants and
TOTAL CONTRIBUTION TO EMPLOYMENT leisure facilities for specific tourism use. This is consistent with
The number of jobs generated directly in the Travel & Tourism sector total tourism gross fixed capital formation in table 8 of the TSA:
plus the indirect and induced contributions (see below). RMF 2008.
• GOVERNMENT COLLECTIVE SPENDING: Government

DIRECT SPENDING IMPACTS spending in support of general tourism activity. This can include
national as well as regional and local government spending. For
VISITOR EXPORTS example, it includes tourism promotion, visitor information
Spending within the country by international tourists for both services, administrative services and other public services. This is
business and leisure trips, including spending on transport, but consistent with total collective tourism consumption in table 9
excluding international spending on education. This is consistent of TSA: RMF 2008.
with total inbound tourism expenditure in table 1 of the TSA: RMF
2008. • SUPPLY-CHAIN EFFECTS: Purchases of domestic goods and
services directly by different industries within Travel & Tourism
DOMESTIC TRAVEL & TOURISM SPENDING as inputs to their final tourism output.
Spending within a country by that country’s residents for both
business and leisure trips. Multi-use consumer durables are not INDUCED CONTRIBUTION
included since they are not purchased solely for tourism purposes. The broader contribution to GDP and employment of spending by
This is consistent with total domestic tourism expenditure in table those who are directly or indirectly employed by Travel & Tourism.
2 of the TSA: RMF 2008. Outbound spending by residents abroad is
not included here, but is separately identified according to the TSA:
RMF 2008 (see below). OTHER INDICATORS
GOVERNMENT INDIVIDUAL SPENDING OUTBOUND EXPENDITURE
Spending by government on Travel & Tourism services directly linked Spending outside the country by residents on all trips abroad. This is
to visitors, such as cultural services (eg museums) or recreational fully aligned with total outbound tourism expenditure in table 3 of
services (eg national parks). the TSA: RMF 2008.
INTERNAL TOURISM CONSUMPTION FOREIGN VISITOR ARRIVALS

Total revenue generated within a country by industries that deal The number of arrivals of foreign visitors, including same-day and
directly with tourists including visitor exports, domestic spending overnight visitors (tourists) to the country.

METHODOLOGICAL NOTE
WTTC has an on-going commitment to align its economic impact research with the UN Statistics Division-approved 2008 Tourism Satellite
Account: Recommended Methodological Framework (TSA:RMF 2008). This involves the benchmarking of country reports to official,
published TSAs, including for countries which are reporting data for the first time, as well as existing countries reporting an additional year’s
data. New country TSAs incorporated this year include Albania, Indonesia, ad Mauritius bringing our total of countries in our benchmarking
dataset to 54. Furthermore, we have sourced updated TSAs for 28 countries.
In 2017, we have also been able to add a new country, Tajikistan, taking our coverage to 185 countries. WTTC also produces reports on 25
other regions, sub-regions and economic and geographic groups. This year, there are 10 reports for special economic and geographic groups
with GCC and the Organisation of Islamic Cooperation being included for the first time.
ECONOMIC AND GEOGRAPHIC GROUPS
APEC (ASIA-PACIFIC ECONOMIC COOPERATION) (OIC) ORGANISATION FOR ISLAMIC COOPERATION**

Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, Albania, Algeria, Azerbaijan, Bahrain, Bangladesh, Benin, Brunei
South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Darussalam, Burkina Faso, Cameroon, Chad, Comoros, Egypt,
Peru, Philippines, Russian Federation, Singapore, Taiwan, Thailand, Gabon, Gambia, Guinea, Guyana, Indonesia, Iran, Iraq, Ivory
USA, Vietnam. Coast, Jordan, Kazakhstan, Kuwait, Kyrgyzstan, Lebanon, Libya,
Malaysia, Maldives, Mali, Morocco, Mozambique, Niger, Nigeria,
FORMER NETHERLANDS ANTILLES Oman, Pakistan, Qatar, Saudi Arabia, Senegal, Sierra Leone, Sudan,
Bonaire, Curacao, Sint Maarten, Saba and Sint Eustatius. Suriname, Syria, Tajikistan, Togo, Tunisia, Turkey, UAE, Uganda,
Uzbekistan, Yemen.
G20
Argentina, Australia, Brazil, Canada, China, European Union, OTHER OCEANIA
France*, Germany*, India, Indonesia, Italy*, Japan, Mexico, American Samoa, Cook Islands, French Polynesia, Guam, Marshall
Russian Federation, Saudi Arabia, South Africa, South Korea, Islands, Micronesia (Federated States of), New Caledonia, Niue,
Turkey, UK*, USA. Northern Mariana Islands, Palau, Samoa, Tuvalu.
GCC (GULF COOPERATION COUNCIL) PACIFIC ALLIANCE

Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE Chile, Colombia, Mexico, Peru.
OAS (ORGANIZATION OF AMERICAN STATES) SADC (SOUTHERN AFRICAN DEVELOPMENT COMMUNITY)

Argentina, Antigua and Barbuda, Bahamas, Barbados, Belize, Bolivia, Angola, Botswana, Democratic Republic of Congo (DRC), Lesotho,
Brazil, Canada, Chile, Colombia, Costa Rica, Cuba, Dominican Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles,
Republic, Dominica, Ecuador, El Salvador, Grenada, Guatemala, South Africa, Swaziland, Tanzania, Zambia, Zimbabwe.
Guyana, Haiti, Honduras, Jamaica, Mexico, St Kitts and Nevis,
Nicaragua, Panama, Paraguay, Peru, St Lucia, St Vincent and the
Grenadines, Suriname, Trinidad and Tobago, USA, Uruguay.
OECD (ORGANISATION FOR ECONOMIC CO-OPERATION AND

DEVELOPMENT)
Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark,
Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland,
Israel, Italy, Japan, South Korea, Luxembourg, Mexico, Netherlands,
New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia,
Spain, Sweden, Switzerland, Turkey, UK, USA.
* included in European Union

** no data for Afghanistan, Djibouti, Guinea-Bissau, Mauritania, Palestine, Somalia or Turkmenistan

ECONOMIC IMPACT REPORTS:
REGIONS, SUB REGIONS & COUNTRIES
WORLD
SUB-REGION
SUB REGION
SUB REGION
SUB REGION
REGION
REGION
REGION
REGION
COUNTRY COUNTRY COUNTRY COUNTRY
Algeria Anguilla China Hungary

NORTH AFRICA
Egypt Antigua and Barbuda Hong Kong Ireland
NORTHEAST ASIA
Libya Aruba Japan Italy
Morocco Bahamas South Korea Latvia
Tunisia Macau
Barbados Lithuania
Angola Mongolia
Bermuda Luxembourg
Taiwan
EUROPEAN UNION
Benin
British Virgin Islands Malta
Kazakhstan
CENTRAL ASIA
Botswana
Cayman Islands Netherlands
Burkina Faso Kyrgyzstan
Cuba Poland
Burundi Tajikistan
Dominica Portugal
Uzbekistan
Cameroon
CARIBBEAN
Dominican Republic Romania

Australia
Cape Verde
Former Netherland Antillies Fiji Slovakia
Central African Republic
Grenada Kiribati Slovenia
Chad
Guadeloupe New Zealand Spain
OCEANIA
Comoros
Haiti Papua New Guinea Sweden
Congo
ASIA-PACIFIC
Jamaica Solomon Islands UK

Cote d'Ivoire
Martinique Tonga Albania
Democratic Republic of Congo
EUROPE
Puerto Rico Vanuatu Armenia
Ethiopia
Other Oceanic States
Gabon St Kitts and Nevis Azerbaijan
Bangladesh
Gambia St Lucia Belarus
India
SOUTH ASIA
Ghana St Vincent and the Grenadines Bosnia and Herzegovina

Maldives
AMERICAS
Guinea Trinidad and Tobago Georgia

AFRICA
Nepal
Kenya US Virgin Islands Iceland
OTHER EUROPE
Pakistan
Lesotho Argentina Macedonia
SUB-SAHARAN
Sri Lanka
Madagascar Belize Moldova
Brunei Darussalam
Malawi Bolivia Montenegro
Cambodia
Mali
SOUTHEAST ASIA (ASEAN)
Brazil Indonesia Norway

Mauritius Chile Russian Federation
Laos
Mozambique
Colombia Malaysia Serbia
Namibia
Costa Rica Myanmar Switzerland
Niger
Ecuador Philippines Turkey
LATIN AMERICA
Nigeria
El Salvador Singapore Ukraine
Reunion
Guatemala Thailand Bahrain
Rwanda Vietnam
Guyana Iran
Sao Tome and Principe Austria
Honduras Iraq
Senegal Belgium
Nicaragua Israel
Seychelles Bulgaria
Panama Jordan
MIDDLE EAST
Sierra Leone Croatia

Paraguay Kuwait
EUROPEAN UNION
South Africa Cyprus

Lebanon
EUROPE
Peru
Sudan and South Sudan Czech Republic
Suriname Oman
Swaziland Denmark
Tanzania Uruguay Qatar
Estonia
Togo Venezuela Finland Saudi Arabia
Uganda Canada France Syria

AMERICA
NORTH
Zambia Mexico Germany United Arab Emirates
Zimbabwe USA Greece Yemen

The World Travel & Tourism Council is the global authority on the economic and social contribution of
Travel & Tourism.
WTTC promotes sustainable growth for the Travel & Tourism sector, working with governments and international institutions to create jobs,
to drive exports and to generate prosperity. Council Members are the Chairs, Presidents and Chief Executives of the world’s leading private
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Together with Oxford Economics, WTTC produces annual research that shows Travel & Tourism to be one of the world’s largest sectors,
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economic impact of Travel & Tourism on 185 economies around the world. In addition to the individual country reports, WTTC produces a
world report highlighting the global economic impact and issues, and 24 further reports that focus on regions, sub-regions and economic
and geographic groups.
To download reports or data, please visit www.wttc.org
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Contributing data to the WTTC Economic Impact Model
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HOW MONEY TRAVELS
THE DIRECT, INDIRECT AND INDUCED EFFECT OF TOURISM SPENDING
TRAVELLERS PAY DIRECTLY TO...

DIRECT Airlines, coaches, rental cars, trains, cruise lines,
travel agents, hotels, convention centres,
restaurants, shopping centres, sports arenas,
entertainment, theatre, recreation etc.
THESE ARE SUPPLIED BY...

INDIRECT outside goods and services such as
marketing and PR, cleaning and
maintenance, energy providers, catering
and food production, design and print etc.
BOTH OF WHICH
JOBS CREATE JOBS...
which pay salaries, wages,
profits, and taxes
WHICH PAY INTO...

infrastructure, agriculture,
INDUCED
technology, real estate,
communications,
education, banks,
healthcare and more.
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is for non-commercial research, private study, review or news reporting. The following acknowledgment must also be used, whenever our content is used relying on this “fair dealing” exception:
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If your use of the content would not fall under the “fair dealing” exception described above, you are permitted to use this content in whole or in part for non-commercial or commercial use provided you comply with the Attribution,
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THE AUTHORITY ON WORLD TRAVEL & TOURISM
WORLD TRAVEL & TOURISM COUNCIL (WTTC), The Harlequin Building, 65 Southwark Street, London SE1 0HR, United Kingdom
Tel: +44 (0) 207 481 8007 | Email: enquiries@wttc.org | www.wttc.org

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TRAVEL & TOURISM

ECONOMIC IMPACT 2017

COVER: Ice Scours The North Caspian Sea - NASA

TRAVEL & TOURISM ECONOMIC IMPACT 2017

2017 ANNUAL RESEARCH: KEY FACTS 1

DEFINING THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM 2

TRAVEL & TOURISM’S CONTRIBUTION TO GDP 3

TRAVEL & TOURISM’S CONTRIBUTION TO EMPLOYMENT 4

VISITOR EXPORTS AND INVESTMENT 5

DIFFERENT COMPONENTS OF TRAVEL & TOURISM 6

COUNTRY RANKINGS: ABSOLUTE CONTRIBUTION, 2016 7

COUNTRY RANKINGS: RELATIVE CONTRIBUTION, 2016 8

COUNTRY RANKINGS: REAL GROWTH, 2016 9

COUNTRY RANKINGS: LONG TERM GROWTH, 2017 - 2027 10

SUMMARY TABLES: ESTIMATES & FORECASTS 11

THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: REAL 2016 PRICES 12

THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: NOMINAL PRICES 13

THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: GROWTH 14

REGIONS, SUB-REGIONS & COUNTRIES 17

GDP: DIRECT CONTRIBUTION

GDP: TOTAL CONTRIBUTION

EMPLOYMENT: DIRECT CONTRIBUTION

EMPLOYMENT: TOTAL CONTRIBUTION

WORLD RANKING (OUT OF 185 COUNTRIES):

TOTAL CONTRIBUTION OF BREAKDOWN OF TRAVEL & TOURISM'S TOTAL

TRAVEL & TOURISM ECONOMIC IMPACT 2017 | 1

2 | WORLD TRAVEL & TOURISM COUNCIL

JAMAICA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO GDP

CONSTANT 2016 JMDBN % OF WHOLE ECONOMY GDP

It is forecast to rise by 5.0% pa to JMD905.5bn by 2027 (43.9% of GDP).

JAMAICA:TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO GDP

Direct Indirect Induced Direct Indirect Induced

TRAVEL & TOURISM ECONOMIC IMPACT 2017 | 3

JAMAICA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT

'000 JOBS % OF WHOLE ECONOMY EMPLOYMENT

JAMAICA:TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT

4 | WORLD TRAVEL & TOURISM COUNCIL

JAMAICA:VISITOR EXPORTS AND INTERNATIONAL TOURIST ARRIVALS

CONSTANT 2016 JMDBN mn FOREIGN VISITOR EXPORTS AS % OF TOTAL EXPORTS

JAMAICA:CAPITAL INVESTMENT IN TRAVEL & TOURISM

TRAVEL & TOURISM ECONOMIC IMPACT 2017 | 5

Visitor exports are expected to grow by 5.1% in 2017

6 | WORLD TRAVEL & TOURISM COUNCIL

TRAVEL & TOURISM ECONOMIC IMPACT 2017 | 7

TRAVEL & TOURISM CONTRIBUTION 2016 VISITOR EXPORTS 2016

8 | WORLD TRAVEL & TOURISM COUNCIL

TRAVEL & TOURISM ECONOMIC IMPACT 2017 | 9

61 Antigua and Barbuda 5.1 63 Jamaica 5.0

3 Belize 5.3 3 Belize 5.4

13 Jamaica 6.8 41 Cuba 6.2

10 | WORLD TRAVEL & TOURISM COUNCIL

Direct contribution to GDP 1.4 9.3 4.6 2.4 13.4 5.0

2016 2016 2017 2027

2016 2016 2017 2027

TRAVEL & TOURISM ECONOMIC IMPACT 2017 | 11

3. Internal tourism consumption

4. Purchases by tourism providers,

Other final impacts

Imported goods from indirect

11. Total contribution of

Employment impacts ('000)

Total contribution of Travel &

12 | WORLD TRAVEL & TOURISM COUNCIL

3. Internal tourism consumption