Travel and tourism direct contribution to GDP of Jordan jumped by 8.76% from 2.3 billion US dollars in 2018 to 2.5 billion US dollars in 2019. Since the 1.51% fall in 2016, travel and tourism direct contribution to GDP shot up by 32.83% in 2019.
Contribution of travel and tourism to GDP (% of GDP) of Jordan grew by 3.07% from 19.2 % in 2018 to 19.8 % in 2019. Since the 2.53% dip in 2016, contribution of travel and tourism to GDP (% of GDP) leapt by 11.38% in 2019. The share of Travel & Tourism spending or employment in the equivalent economy-wide concept in the published national income accounts or labour market statistics. Visitor exports are compared with exports of all goods and services Domestic Travel & Tourism spending is compared with GDP Government individual Travel & Tourism spending is compared with total government spending Internal Travel & Tourism consumption is compared with total internal consumption (i.e. total domestic spending plus total export) Leisure Travel & Tourism contribution to GDP is compared with total GDP Business Travel & Tourism contribution to GDP is compared with total GDP Travel & Tourism capital investment spending is compared with all fixed investment spending
The tourism sector GDP share in Saudi Arabia was forecast to continuously increase between 2023 and 2028 by in total 1.9 percentage points. The share is estimated to amount to 9.4 percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Lebanon and Jordan.
2.5 (billion US dollars) in 2019.
19.8 (%) in 2019. The share of Travel & Tourism spending or employment in the equivalent economy-wide concept in the published national income accounts or labour market statistics. Visitor exports are compared with exports of all goods and services Domestic Travel & Tourism spending is compared with GDP Government individual Travel & Tourism spending is compared with total government spending Internal Travel & Tourism consumption is compared with total internal consumption (i.e. total domestic spending plus total export) Leisure Travel & Tourism contribution to GDP is compared with total GDP Business Travel & Tourism contribution to GDP is compared with total GDP Travel & Tourism capital investment spending is compared with all fixed investment spending
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Jordan Number of Visitors: Ajloun data was reported at 9,710.000 Person in Jun 2018. This records a decrease from the previous number of 12,247.000 Person for May 2018. Jordan Number of Visitors: Ajloun data is updated monthly, averaging 10,925.000 Person from Jan 2004 (Median) to Jun 2018, with 174 observations. The data reached an all-time high of 100,450.000 Person in Apr 2013 and a record low of 2,376.000 Person in Jan 2004. Jordan Number of Visitors: Ajloun data remains active status in CEIC and is reported by Ministry of Tourism and Antiquities. The data is categorized under Global Database’s Jordan – Table JO.Q009: Number of Visitors: by Tourist Sites.
The international tourism expenditure per capita in Israel was forecast to continuously increase between 2024 and 2029 by in total 1,474.2 U.S. dollars (+87.48 percent). According to this forecast, in 2029, the expenditure will have increased for the ninth consecutive year to 3,159.35 U.S. dollars. Covered are expenditures of international outbound visitors to other countries from the selected region, including payments to foreign carriers for international transport. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism expenditure per capita in countries like Jordan and Iraq.
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Jordan JO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 29.329 % in 2017. This records an increase from the previous number of 27.476 % for 2016. Jordan JO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 26.838 % from Dec 1972 (Median) to 2017, with 46 observations. The data reached an all-time high of 39.365 % in 1989 and a record low of 20.305 % in 2000. Jordan JO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jordan – Table JO.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
6.5 (billion LCU) in 2019. The country's local currency (eg £, €, etc) in billion, at current prices.
The absolute economic contribution of tourism in Israel was forecast to continuously increase between 2024 and 2029 by in total 8.5 billion U.S. dollars (+37.06 percent). After the ninth consecutive increasing year, the economic contribution is estimated to reach 31.6 billion U.S. dollars and therefore a new peak in 2029. Depited is the economic contribution of the tourism sector in the country or region at hand.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the absolute economic contribution of tourism in countries like Bahrain and Jordan.
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Jordan JO: Exports: % of Commercial Service Exports: Services: Travel data was reported at 72.599 % in 2017. This records an increase from the previous number of 69.187 % for 2016. Jordan JO: Exports: % of Commercial Service Exports: Services: Travel data is updated yearly, averaging 52.089 % from Dec 1972 (Median) to 2017, with 46 observations. The data reached an all-time high of 72.599 % in 2017 and a record low of 23.757 % in 1991. Jordan JO: Exports: % of Commercial Service Exports: Services: Travel data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jordan – Table JO.World Bank: Exports. Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited).; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average;
Kuwait and Saudi Arabia were expected to have the highest GDP (Gross Domestic Product) growth in the Gulf Cooperation Council in 2022 at an 8.7 and 7.6 percent increase, respectively. Outside the GCC, Iraq and Israel were expected to see the biggest increase in GDP at 9.3 and 6.1 percent, respectively. Apart from Jordan and Yemen, all other countries in the Middle East region were forecast to see a significant drop in GDP growth in 2023 over 2022.
GDP contributors Travel and tourism were a key contributor to GDP in the region and it was forecast to see a significant increase in the coming years. Additionally, in three of the six GCC countries, oil and gas production amounted to at least 40 percent of GDP contribution. The United Arab Emirates ranked fourth worldwide with a 27 percent contribution to GDP coming from oil and gas production. Despite this, the distribution of GDP contribution in the UAE comes from many different sectors and industries, leading to one of the more diversified economies in the region. Diversification and self-sufficiency Countries in the region have been striving for more economic diversity to help future-proof their economies. For example, in 2016 Saudi Arabia launched Vision 2030, a program to introduce new and varied revenue streams in the country, create jobs, and attract foreign investment. Furthermore, food self-sufficiency in the GCC has become a priority, with countries pushing to produce more of their food needs locally.
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Travel and tourism direct contribution to GDP of Jordan jumped by 8.76% from 2.3 billion US dollars in 2018 to 2.5 billion US dollars in 2019. Since the 1.51% fall in 2016, travel and tourism direct contribution to GDP shot up by 32.83% in 2019.