Along with its cultural, leisure and recreational functions tourism contributes significantly (both directly and indirectly) to the world's economy and employment. It contributes to GDP even more than the automotive industry in all the regions throughout the globe: three times as much in Americas and two times as much in Europe, according to the World Travel & Tourism Council's 2017 research. In many countries tourism is the key source of jobs for their population. Thus, in Macau, one of the two Special Administrative Regions of the People's Republic of China, a half of population is employed in the travel and tourism sphere.
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City-level data is generally difficult to find relative to standard national-level data. So, Knoema has compiled data from around the world to help you learn more about cities of interest to you, whether to plan your next trip or expand your enterprise into new markets.
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Source: World Tourism Organization Database
Make better educated travel decisions with the price index series presented in today's Viz of the Day. The figures highlight common travel-related expenditures, ranging from accommodation, transportation, and urban transit to beer and soccer, and may well help individual travelers to better gauge the relative cost of travel to their destinations of choice. See also: Transportation Price Index | Beer Price Index Source: GoEuro