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Travel and Tourism Drive Close to 10% of the US Economy
According to the latest forecasts from the World Travel and Tourism Council (WTTC), the travel and tourism sector is expected to increase its GDP contribution to the US economy from $2.36 trillion in 2023 to $2.5 trillion in 2024. Over the next ten years, this might rise to a staggering $3.10 trillion by 2034, representing almost a 10th of the country's total GDP.
Description
This infographic shows the direct, indirect, and induced contribution of travel and tourism to the US GDP from 2019 to 2023, with a forecast to 2034.
Total contribution of travel and tourism to gross domestic product (GDP) in the United States in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion U.S. dollars)
Tourism GDP contribution in the United States from 2000 to 2040 (in billion U.S. dollars)
Outlook of the direct and total contribution of travel and tourism to GDP from 2020 to 2029 (in billion U.S. dollars)
Contribution of travel and tourism to employment in the United States in 2019 and 2023, with a forecast for 2024 and 2034 (in millions)
Contribution of travel and tourism to GDP in the United States from 2013 to 2017, by type (in billion U.S. dollars)
Tourism GDP contribution in North America from 2000 to 2040 (in trillion U.S. dollars)
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