Tourism involves traveling for recreational, leisure, family or business purposes for a limited time. It provides a significant source of income for many countries, accounting for 30% of the world's trade of services and contributing $2.2 trillion to global GDP and over 100 million jobs in 2013. Tourism boosts demand for goods and services, increasing consumption and GDP. Top countries for international tourism expenditures are China, Germany, the United States, the United Kingdom, and Russia.

1. TOURISM
&
TRAVEL

2. Tourism is the travel for recreational, leisure, family or business purposes,
usually of a limited duration. Tourism is commonly associated with trans-
national travel, but may also refer to travel to another location within the same
country. The World Tourism Organization defines tourists as people "traveling to
and staying in places outside their usual environment for not more than one
consecutive year for leisure, business and other purposes“.
Tourism is an important, even vital, source of income
for many countries.
Tourism brings in large
amounts of income
into a local economy
in the form of
payment for goods
and services needed
by tourists, accounting
for 30% of the world's
trade of services.

3. The direct contribution of Travel & Tourism to the world economy grew by 3.1%
in 2013, contributing US$2.2 trillion to world gross domestic product (GDP) and
101 million jobs.
Travel & Tourism’s contribution equates to 9.5% of total economy GDP, 1 in 11 of
the world’s total jobs, 4.4% of total investment and 5.4% of world exports.
The major component of Gross Domestic Product (GDP) is consumption, which is
driven by demand for goods and services. One effect of tourism on GDP is that
tourism affects the economy through the provision of employment. The main
effect of tourism on GDP is the fact that tourism boosts the demand for goods
and services. Such an increase in the consumption level increases the activity on
the market and consequently, increases the GDP level.
Tourism is a huge
industry. It is an
important pillar
of many
economies that
generates
billions of dollars
annually. Top 10 List of Tourism Earners

4. Rank Country
International
tourism
expenditure
2012
International
tourism
expenditure
2011
Marke
t share
2012
Populat
ion
2012
Expenditure
per capita
1 China $102.0B $72.6B 9.5% 1,354M $75
2 Germany 83.8 85.9 7.8 82 1,023
3 United States 83.5 78.2 7.8 314 266
4 United Kingdom 52.3 51.0 4.9 63 828
5 Russia 42.8 32.9 4.0 142 302
6 France 37.2 44.1 3.5 63 586
7 Canada 35.1 33.3 3.3 35 1,007
8 Japan 27.9 27.2 2.6 128 218
9 Australia 27.6 26.7 2.6 23 1,210
10 Italy 26.4 28.7 2.5 61 433
Top Ten Biggest Spenders on international Tourism

7. The Ten Most Visited Countries in

8. The Ten Most Visited Countries in