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The report, released on Thursday, calculates the economic and employment impact of travel and tourism for 185 countries and showed that in 2017, tourism accounted for 10.4% of global GDP and 313 million jobs worldwide, which is about 9.9% of total global employment.
The Maldives is the destination that is most reliant on tourist dollars. Travel and tourism represents 39% of its total GDP. Tourism directly supported 34,500 jobs (16.0% of total employment) in the Maldives last year.
Following the Maldives is British Virgin Islands, where tourism accounts for 35.4% of GDP. As far as European countries, the most reliant on tourism are Malta (it accounts for 14.2% of GDP), followed by Montenegro (11% GDP), Croatia (10.9% GDP) and Georgia (9.3% GDP).
Here are the top 10 countries with the most tourism-dependent economies:
2. British Virgin Islands
10. Cape Verde
The travel and tourism industry grew 50% faster than the overall global economy in 2017, which was a record year for the tourism sector. The industry created 7 million new jobs last year, with 1 in 5 of all new jobs across the world attributed to travel and tourism.
By 2028, the industry will support more than 400 million jobs globally, which is about 1 in 9 of all jobs in the world.
Featured Image by Matteo Colombo via Getty Images.
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