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Travel and tourism accounted for 9% of global GDP in 2012

7-Aug-2013 3:33 PM

World Travel and Tourism Council (WTTC) president and CEO David Scowsill, speaking at the CAPA Australia Pacific Aviation Summit, stated (07-Aug-2013) the travel and tourism sector grew by 3% in 2012, outperforming overall economic growth. The industry's global contribution was USD6.6 trillion in GDP (9% in GDP), creating 260 million jobs (direct and indirect), which accounts for one in every in 11 jobs, with 5 million additional jobs created in 2012. International tourist arrivals grew 4% and 1 billion people travelled internationally for the first time in one year in 2012. This means that one in seven people globally crossed an international border in 2012.