In 2023, the travel and tourism sector in the United States contributed approximately 2.36 trillion U.S. dollars to gross domestic product (GDP). This figure saw growth over the pre-pandemic levels of 2019 when the travel and tourism sector contributed 2.27 trillion U.S. dollars to the North American country's economy.
In 2024, the share of travel and tourism's total contribution to global gross domestic product (GDP) showed a decline of *** percentage points compared to 2019. Overall, the travel and tourism market represented ** percent of the global GDP in 2024. That year, the total contribution of travel and tourism to the global GDP amounted to almost ** trillion U.S. dollars. What is the contribution of travel and tourism to employment? In 2024, the total number of travel and tourism jobs worldwide exceeded pre-pandemic levels, with global travel and tourism employment surpassing *** million. This figure, which refers to jobs generated directly and indirectly by the travel and tourism sector, was forecast to grow further in 2025. How many people travel every year? After sinking in 2020 to the lowest point recorded since 1989, the number of international tourist arrivals worldwide caught up with pre-pandemic levels in 2024, reaching almost *** billion. Both before and after the impact of the COVID-19 pandemic, Europe was the global region with the highest number of international tourist arrivals.
In 2023, the United States was the country worldwide with the highest total contribution of travel and tourism to GDP. That year, the total GDP contribution of travel and tourism in the U.S. amounted to **** trillion U.S. dollars, exceeding pre-pandemic levels. China and Germany followed in the ranking in 2023, with travel and tourism's total contributions to GDP of around *** trillion and *** billion U.S. dollars, respectively. Overall, the total contribution of travel and tourism to GDP worldwide reached almost ** trillion U.S. dollars in 2023. What are the most visited countries worldwide? While the U.S. and China reported the highest figures in terms of travel and tourism contribution to GDP in 2023, it was a European destination that led the ranking of countries with the highest number of inbound tourist arrivals worldwide. With *** million international arrivals in 2023, France was the most visited travel destination in the world that year, ahead of Spain, the United States, and Italy. How many people work in the global travel and tourism sector? After declining sharply due to the impact of COVID-19, the number of travel and tourism jobs worldwide bounced back in 2023, reaching around *** million, nearly catching up with pre-pandemic levels. That year, China and India were the countries with the highest travel and tourism employment worldwide.
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Key information about United States Tourism Revenue Growth
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Forecast: Total Tourism GDP in the US 2024 - 2028 Discover more data with ReportLinker!
In 2023, Mexico was the Latin American country with the largest total contribution of the travel and tourism sector to the gross domestic product (GDP), with over 260 billion U.S. dollars. Brazil was second on the list that year, as travel and tourism contributed approximately 104 billion U.S. dollars to its GDP.
In 2024, the total contribution of travel and tourism to the global gross domestic product (GDP) amounted to **** trillion U.S. dollars. This figure, which includes the direct, indirect, and induced impact of the global travel and tourism market, represented an increase in total contribution to GDP of *** percent over 2019. As forecast, the total contribution of the travel and tourism sector to the global GDP was expected to reach **** trillion U.S. dollars in 2025. Which countries record the highest travel and tourism contribution to GDP? GDP is the total value of all goods and services produced in a country in a year. It is considered an important indicator of a country's economic strength, and a positive change in GDP is a sign of economic growth. Both before and after the impact of COVID-19, the United States and China were by far the leading travel markets based on the total contribution of travel and tourism to GDP, followed by Germany, Japan, and the United Kingdom. What are the most visited countries in the world? In 2023, France was the country with the highest number of international tourist arrivals worldwide, welcoming 100 million international visitors. While the United States reported the third-highest number of inbound tourist arrivals that year, it was the destination with the highest international tourism receipts worldwide, ranking ahead of Spain and the United Kingdom.
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Tourism Revenues in Mexico decreased to 3042199.26 USD Thousand in April from 3667106.98 USD Thousand in March of 2025. This dataset provides - Mexico Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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As per the latest findings of Future Market Insights, the USA and Canada tourism revenue is expected to be US$ 172,331.2 Million by the end of 2023. In the long-term, the market is estimated to reach at a valuation of around US$ 253,839.3 Million in 2033.
Attribute | Details |
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Travel Gross Revenue (2023 E) | US$ 172,331.2 Million |
Projected Market Size (2033 F) | US$ 253,839.3 Million |
Value CAGR (2023 to 2033) | 3.9% |
USA and Canada Tourism Market Top Players Share in 2022 | 10% to 15% |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Million for Value |
Key Segments Covered |
|
Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives, Spending, |
Customization & Pricing | Available upon Request |
The number of international tourist arrivals worldwide increased across all regions in 2024 over the previous year. Except for the Asia-Pacific region, inbound tourist arrivals in 2024 exceeded pre-pandemic levels. Overall, Europe reported the highest volume of inbound travelers over the period considered, with around *** million arrivals in 2024. What are the most visited countries by inbound travelers? With Europe being the most visited region by inbound travelers, it does not surprise that two European destinations top the ranking of countries with the highest number of inbound tourist arrivals worldwide. Both before and after the impact of COVID-19, France and Spain reported the most inbound tourist arrivals in the world, ahead of the United States. That said, the United States was the country with the highest international tourism receipt worldwide over the same period. What is the global economic impact of travel and tourism? According to the World Travel and Tourism Council (WTTC), the total contribution of travel and tourism to the gross domestic product worldwide reached just under ** trillion U.S. dollars in 2023, nearly caching up with pre-pandemic levels. This figure refers to the direct, indirect, and induced impact of the global travel and tourism sector. Meanwhile, the total number of travel and tourism jobs worldwide exceeded *** million that year.
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International tourism, receipts (current US$) in Angola was reported at 19000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Angola - International tourism, receipts - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
This statistic shows the direct contribution of travel and tourism to GDP in the United States from 2013 to 2017, by type of travel spending. Leisure travel spending contributed 702.5 billion U.S. dollars of the direct travel and tourism GDP in the United States in 2017.
In 2022, the tourism industry contributed around **** percent to Thailand's GDP, which increased from the previous year. In that same period, the total value of Thailand's GDP was almost ************ billion U.S. dollars. Thailand's tourism industry has been heavily affected by the COVID-19 pandemic. However, it is currently recovering after the government relaxed COVID-19 regulations and promoted tourism. The economic contribution of travel and tourism in Thailand Thailand is recognized as one of the most popular tourist destinations worldwide. Travel and tourism play a significant role in supporting Thailand's economy. In 2022, these industries' contribution to the country’s GDP reached over one trillion Thai baht. Thailand's tourism industry also provided nearly ***** million jobs in the country, ranking fifth in terms of the highest number of people employed in the tourism industry in the Asia-Pacific region in 2022. Inbound tourism in Thailand Thailand's economy relies heavily on international tourism. The tourist economy of the country has been recovering steadily since the country allowed international tourist arrivals again in 2022. In 2023, Thailand welcomed around ** million international tourists, which was more than double the previous year. In that same year, the total revenue generated by international tourist arrivals in the country reached more than one hundred billion Thai baht on a nearly monthly basis, giving the country a total revenue of over one trillion Thai baht for the entire year.
Contributing a staggering 1.3 trillion U.S. dollars to China’s GDP in 2023, the travel and tourism industry proved to be a vital industry for the East Asian country’s economy. This pivotal industry provided huge GDP contributions to a number of countries across the Asia-Pacific region. Japan and India both saw impressive figures, while Southeast Asia alone has experienced constant GDP increases from the travel and tourism industry. Why Asia-Pacific The travel and tourism industry has made significant monetary additions to many developing economies throughout the Asia-Pacific region. Southeast Asia stands in the foreground as one of the regions which relies heavily on its tourism success. A success which could be inferred through the rising number of tourist arrivals to the ASEAN states. A likely reason why APAC has become one of the leading regions for tourism, could be related to its competitive prices. Many countries in the Asia-Pacific region are cheaper than the usual Western tourist hotspots, in this way, the region has begun to appeal to an increasing number of international travelers. Domestic tourism The Asia-Pacific region has not only attracted international tourists throughout recent years but has also received a great influx of domestic tourists. Growing economies in the region, resulting in an emerging middle class, have made the possibility of increased domestic travel a reality. Intra-regional tourism accounted for approximately half of APAC’s tourism.
In 2024, the travel and tourism industry in India contributed around 256 billion U.S. dollars to the country’s GDP. In 2023, the country welcomed over nine million foreign tourists, generating foreign exchange earnings of over 27 billion U.S. dollars. Domestic travel on the rise With a rich culture, ancient monuments, and mesmerizing natural beauty, India is one of the leading tourist destinations in the world. This holds true not only for foreign tourists, but also for the increasingly monied middle-class of the country who are spending more time and money than ever before on domestic travel. In 2021, the domestic expenditure on tourism was around 150 billion U.S. dollars. The collective government spending on the tourism sector is expected to reach 5.65 billion dollars by 2028. The cost of tourism It comes as no surprise that out of the most visited monuments in India, the Taj Mahal in Agra ranks number one for both foreign as well as domestic tourists. Along with these popular tourist destinations, travellers are also exploring many other destinations in the country, like the pristine high-altitude plains of Leh and Ladakh or the lush green north-eastern forests. It now remains to be seen whether and how well the country manages to balance the influx of people with its efforts for the historical sites and natural resources conservation.
In 2023, the share of travel and tourism's total contribution to Italy's gross domestic product (GDP) nearly equaled the figure reported in 2019, the year before the onset of the COVID-19 pandemic. Overall, travel and tourism generated, directly and indirectly, roughly **** percent of the country's GDP in 2023. That year, the total contribution of travel and tourism to GDP in Italy amounted to nearly *** billion euros. What is the contribution of travel and tourism to employment in Italy? In 2023, the total contribution of travel and tourism to employment in Italy recovered from the impact of the health crisis. Overall, these industries generated, directly and indirectly, just under ************* jobs in 2023, denoting a ****-percent increase from 2019. What are the leading inbound tourism markets in Italy? In 2023, the total international tourist expenditure in Italy, including overnight and same-day visitors, surpassed ** billion euros, the highest figure reported to date. When breaking down the inbound tourism expenditure in Italy by country, Germany ranked as the leading market, ahead of the United States, the United Kingdom, and France.
Portugal experienced a recovery of over 30 percent in the total travel and tourism contribution to its gross domestic product (GDP) in 2021, after a strong drop due to the coronavirus (COVID-19) pandemic. Prior to this crisis, this sector represented over 40 billion U.S. dollars of the Portuguese economy. By 2024, more than 58 billion U.S. dollars were forecasted as contribution to the country's GDP. Tourism spending in Portugal In 2023, Portugal's tourism services generated a sales revenue close to 38.9 billion euros, signalizing the post-pandemic recovery for this sector, which began in the previous year. Furthermore, inbound tourism expenditures in the Iberian country for the same year reached 25 billion euros, representing an increase from the previous year. How many travelers make their way to Portugal each year? From 2022 to 2024, Portugal witnessed a remarkable increase in the number of international overnight visitors, with the figure reaching 56 million in the latter year – more than in 2019. The recovery of the Portuguese tourism sector from the coronavirus (COVID-19) pandemic can also be seen in monthly development. While in 2020 and 2021, the usual influx of foreign guests in Portuguese accommodation establishments during the summer season was affected by the global health crisis, the country saw a return to normality in 2022, with August reaching the annual peak of 1.96 million travelers, which rose to 2.27 million by 2024.
In Caribbean region, the travel and tourism sector contributed more than 60 billion U.S. dollars to the gross domestic product in 2022. Among all listed Caribbean territories, the Dominican Republic and Cuba registered the highest total contributions of this sector to the GDP.
According to a study by the World Travel & Tourism Council (WTTC), Paris was the city with the highest direct travel and tourism contribution to GDP in 2022. That year, the direct travel and tourism GDP in the capital of France - the country with the highest number of international tourist arrivals worldwide - amounted to roughly ***** billion U.S. dollars. Meanwhile, Beijing and Orlando followed on the ranking in 2022, with a direct travel and tourism GDP of around **** billion and **** billion U.S. dollars, respectively.
In 2023, the travel and tourism sector in the United States contributed approximately 2.36 trillion U.S. dollars to gross domestic product (GDP). This figure saw growth over the pre-pandemic levels of 2019 when the travel and tourism sector contributed 2.27 trillion U.S. dollars to the North American country's economy.