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TRAVEL & TOURISM ECONOMIC IMPACT 2018 ALGERIA C8 1 I 0 M 2 O T C N A O P C M E I “Inclusive growth and ensuring a future with quality jobs are the concerns of governments everywhere. Travel & Tourism, which already supports one in every ten jobs on the planet, is a dynamic engine of employment opportunity.” Gloria Guevara Manzo, President & CEO World Travel & Tourism Council For more information, please contact: ROCHELLE TURNER | Research Director [email protected] FOREWORD As one of the world’s largest economic sectors, Travel & Tourism creates jobs, drives exports, and generates prosperity across the world. In our annual analysis of the global economic impact of Travel & Tourism, the sector is shown to account for 10.4% of global GDP and 313 million jobs, or 9.9% of total employment, in 2017. The right policy and investment decisions are only made with empirical evidence. For over 25 years, the World Travel & Tourism Council (WTTC) has been providing this evidence, quantifying the economic and employment impact of Travel & Tourism. Our 2018 Annual Economic Reports cover 185 countries and 25 regions of the world, providing the necessary data on 2017 performance as well as unique 10-year forecasts on the sector’s potential. 2017 was one of the strongest years of GDP growth in a decade with robust consumer spending worldwide. This global growth transferred again into Travel & Tourism with the sector’s direct growth of 4.6% outpacing THE ECONOMIC IMPACT the global economy for the seventh successive year. As in recent years, OF GLOBAL TRAVEL & performance was particularly strong across Asia, but proving the sector’s TOURISM resilience, 2017 also saw countries such as Tunisia, Turkey and Egypt that had previously been devastated by the impacts of terrorist activity, recover strongly. 10.4 This power of resilience in Travel & Tourism will be much needed for % the many established Travel & Tourism destinations that were severely impacted by natural disasters in 2017. While our data shows the extent Travel & Tourism GDP as a of these impacts and rates of recovery over the decade ahead, beyond percentage of global GDP. just numbers, WTTC and its Members are working hard to support local communities as they rebuild and recover. Inclusive growth and ensuring a future with quality jobs are the concerns of governments everywhere. Travel & Tourism, which already supports 4.6 one in every ten jobs on the planet, is a dynamic engine of employment % opportunity. Over the past ten years, one in five of all jobs created across the world has been in the sector and, with the right regulatory conditions and government support, nearly 100 million new jobs could be created over Direct Travel & Tourism GDP growth in 2017. the decade ahead. Over the longer term, forecast growth of the Travel & Tourism sector will continue to be robust as millions more people are moved to travel to see the wonders of the world. Strong growth also requires strong management, 1 /10 and WTTC will also continue to take a leadership role with destinations to ensure that they are planning effectively and strategically for growth, accounting for the needs of all stakeholders and using the most advanced jobs are supported by Travel & technologies in the process. Tourism. This is 9.9% of global employment. WTTC is proud to continue to provide the evidence base required in order to help both public and private bodies make the right decisions for the future growth of a sustainable Travel & Tourism sector, and for the millions of people who depend on it. 1 /5 of all global net jobs created in last decade have been within the Travel & Tourism sector. Gloria Guevara Manzo President & CEO Cover: Jack Anstey, Unsplash Inside cover: Derek Thomson, Unsplash TRAVEL & TOURISM ECONOMIC IMPACT 2018 CONTENTS THE ECONOMIC IMPACT OF TRAVEL & TOURISM MARCH 2018 FOREWORD 2018 ANNUAL RESEARCH: KEY FACTS 1 DEFINING THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM 2 TRAVEL & TOURISM’S CONTRIBUTION TO GDP 3 TRAVEL & TOURISM’S CONTRIBUTION TO EMPLOYMENT 4 VISITOR EXPORTS AND INVESTMENT 5 DIFFERENT COMPONENTS OF TRAVEL & TOURISM 6 COUNTRY RANKINGS: ABSOLUTE CONTRIBUTION, 2017 7 COUNTRY RANKINGS: RELATIVE CONTRIBUTION, 2017 8 COUNTRY RANKINGS: REAL GROWTH, 2018 9 COUNTRY RANKINGS: LONG TERM GROWTH, 2018 - 2028 10 SUMMARY TABLES: ESTIMATES & FORECASTS 11 THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: REAL 2017 PRICES 12 THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: NOMINAL PRICES 13 THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM: GROWTH 14 GLOSSARY 15 METHODOLOGICAL NOTE 16 REGIONS, SUB-REGIONS & COUNTRIES 17 ALGERIA 1 2018 ANNUAL RESEARCH: KEY FACTS 2018 FORECAST GDP: DIRECT CONTRIBUTION The direct contribution of Travel & Tourism to GDP was DZD610.4bn (USD5,443.3mn), 3.3% of total GDP in 2017 and is forecast to rise by 2.9% in 2018, and to rise by 2.4% pa, from 2018-2028, to DZD796.0bn (USD7,098.3mn), 3.4% of total GDP in 2028. GDP: TOTAL CONTRIBUTION The total contribution of Travel & Tourism to GDP was DZD1,262.4bn (USD11,258.0mn), 6.8% of GDP in 2017, and is forecast to rise by 1.1% in 2018, and to rise by 2.8% pa to DZD1,678.4bn (USD14,967.3mn), 7.1% of GDP in 2028. EMPLOYMENT: DIRECT CONTRIBUTION In 2017 Travel & Tourism directly supported 320,000 jobs (2.8% of total employment). This is expected to rise by 3.0% in 2018 and rise by 1.9% pa to 399,000 jobs (3.0% of total employment) in 2028. EMPLOYMENT: TOTAL CONTRIBUTION In 2017, the total contribution of Travel & Tourism to employment, including jobs indirectly supported by the industry was 6.0% of total employment (678,500 jobs). This is expected to rise by 0.9% in 2018 to 685,000 jobs and rise by 2.1% pa to 848,000 jobs in 2028 (6.5% of total). VISITOR EXPORTS Visitor exports generated DZD27.6bn (USD246.0mn), 0.7% of total exports in 2017. This is forecast to grow by 6.6% in 2018, and grow by 6.0% pa, from 2018-2028, to DZD52.7bn (USD470.0mn) in 2028, 1.0% of total. INVESTMENT Travel & Tourism investment in 2017 was DZD202.5bn, 2.5% of total investment (USD1,805.8mn). It should fall by 7.3% in 2018, and rise by 4.3% pa over the next ten years to DZD286.3bn (USD2,553.2mn) in 2028, 3.0% of total. 1All values are in constant 2017 prices & exchange rates WORLD RANKING (OUT OF 185 COUNTRIES): Relative importance of Travel & Tourism's total contribution to GDP 58 135 174 148 ABSOLUTE RELATIVE SIZE GROWTH LONG-TERM GROWTH Size in 2017 Contribution to GDP in 2017 2018 forecast Forecast 2018-2028 TOTAL CONTRIBUTION OF B R EAKDOWN OF TRAVEL & TOURISM'S TOTAL TRAVEL & TOURISM TO GDP CONTRIBUTION TO GDP AND EMPLOYMENT 2017 GDP (2017 DZDbn) 2017 DZDbn 1,800 247 1,600 1,400 405 1,200 1,000 610 800 EMPLOYMENT 600 320 ('000) 400 207 DIRECT 200 152 0 + INDIRECT 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 + INDUCED DIRECT INDIRECT INDUCED = TOTAL CONTRIBUTION OF TRAVEL & TOURISM TRAVEL & TOURISM ECONOMIC IMPACT 2018 | 1 DEFINING THE ECONOMIC CONTRIBUTION OF TRAVEL & TOURISM Travel & Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The UN Statistics Division-approved Tourism Satellite Accounting methodology (TSA:RMF 2008) quantifies only the direct contribution of Travel & Tourism. But WTTC recognises that Travel & Tourism's total contribution is much greater, and aims to capture its indirect and induced impacts through its annual research. DIRECT Travel & Tourism contribution COMMODITIES ● Accommodation ● Transportation ● Entertainment ● Attractions INDIRECT INDUCED TOTAL INDUSTRIES Travel & Tourism contribution Travel & Tourism ● Accommodation services contribution (spending of direct and contribution ● Food & beverage services indirect employees) ● Retail Trade ● T&T investment spending ● Transportation services ● Cultural, sports & recreational ● Government collective T&T ● Food and beverages ● To GDP services spending ● Recreation ● Clothing ● To employment SOURCES OF SPENDING ● Impact of purchases from ● Housing ● Residents' domestic T&T suppliers ● Household goods spending ● Businesses' domestic travel spending ● Visitor exports ● Individual government T&T spending DIRECT CONTRIBUTION The direct contribution of Travel & Tourism to GDP reflects the ‘internal’ spending on Travel & Tourism (total spending within aparticular country on Travel & Tourism by residents and non-residents for business and leisure purposes) as well as government 'individual'spending - spending by government on Travel & Tourism services directly linked to visitors, such as cultural (eg museums) or recreational (eg national parks). The direct contribution of Travel & Tourism to GDP is calculated to be consistent with the output, as expressed in National Accounting, of tourism-characteristic sectors such as hotels, airlines, airports, travel agents and leisure and recreation services that deal directly with tourists. The direct contribution of Travel & Tourism to GDP is calculated from total internal spending by ‘netting out’ the purchases made by the different tourism sectors. This measure is consistent with the definition of Tourism GDP, specified in the 2008 Tourism Satellite Account: Recommended Methodological Framework (TSA: RMF 2008). The total contribution of Travel & Tourism includes its ‘wider impacts’ (ie the indirect and induced impacts) on the economy.The ‘indirect’ contribution includes the GDP and jobs supported by: ● Travel & Tourism investment spending –an important aspect of both current and future activity that includes investment activity such as the purchase of new aircraft and construction of new hotels; ● Government 'collective' spending, which helps Travel & Tourism activity in many different ways as it is made on behalf of the ‘community at large’ –eg tourism marketing and promotion, aviation, administration, security services, resort area security services, resort area sanitation services, etc; ● Domestic purchases of goods and services by the sectors dealing directly with tourists –including, for example, purchases of food and cleaning services by hotels, of fuel and catering services by airlines, and IT services by travel agents. The ‘induced’ contribution measures the GDP and jobs supported by the spending of those who are directly or indirectly employed by the Travel & Tourism industry. PLEASE NOTE THAT DUE TO CHANGES IN METHODOLOGY BETWEEN 2010 AND 2011, IT IS NOT POSSIBLE TO COMPARE FIGURES PUBLISHED BY WTTCFROM 2011 ONWARDS WITH THE SERIES PUBLISHED IN PREVIOUS YEARS. 2 | WORLD TRAVEL & TOURISM COUNCIL TRAVEL & TOURISM'S CONTRIBUTION TO GDP1 The direct contribution of Travel & Tourism to GDP in 2017 was DZD610.4bn (3.3% of GDP). This is forecast to rise by 2.9% to DZD627.8bn in 2018. This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation services (excluding commuter services). But it also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists. The direct contribution of Travel & Tourism to GDP is expected to grow by 2.4% pa to DZD796.0bn (3.4% of GDP) by 2028. ALGERIA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO GDP CONSTANT 2017 DZDBN % OF WHOLE ECONOMY GDP 900 3.7 800 3.6 700 3.5 600 3.4 500 3.3 400 3.2 300 3.1 200 3.0 100 2.9 0 2.8 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 The total contribution of Travel & Tourism to GDP (including wider effects from investment, the supply chain and induced income impacts, see page 2) was DZD1,262.4bn in 2017 (6.8% of GDP) and is expected to grow by 1.1% to DZD1,276.2bn (6.8% of GDP) in 2018. It is forecast to rise by 2.8% pa to DZD1,678.4bn by 2028 (7.1% of GDP). ALGERIA:TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO GDP CONSTANT 2017 DZDBN % OF WHOLE ECONOMY GDP 1,800 8.0 1,600 7.0 1,400 6.0 1,200 5.0 1,000 4.0 800 3.0 600 2.0 400 200 1.0 0 0.0 2017 2018 220202028288 2017 2018 22002288 Direct Indirect Induced Direct Indirect Induced 1 All values are in constant 2017 prices & exchange rates TRAVEL & TOURISM ECONOMIC IMPACT 2018 | 3 TRAVEL & TOURISM'S CONTRIBUTION TO EMPLOYMENT Travel & Tourism generated 320,000 jobs directly in 2017 (2.8% of total employment) and this is forecast to grow by 3.0% in 2018to 329,500 (2.9% of total employment). This includes employment by hotels, travel agents, airlines and other passenger transportation services (excluding commuter services). It also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists. By 2028, Travel & Tourism will account for 399,000 jobs directly, an increase of 1.9% pa over the next ten years. ALGERIA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT '000 JOBS % OF WHOLE ECONOMY EMPLOYMENT 450.0 3.5 400.0 3.0 350.0 2.5 300.0 2.0 250.0 200.0 1.5 150.0 1.0 100.0 0.5 50.0 0.0 0.0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 The total contribution of Travel & Tourism to employment (including wider effects from investment, the supply chain and induced income impacts, see page 2) was 678,500 jobs in 2017 (6.0% of total employment). This is forecast to rise by 0.9% in 2018 to685,000 jobs (6.0% of total employment). By 2028, Travel & Tourism is forecast to support 848,000 jobs (6.5% of total employment), an increase of 2.1% pa over the period. ALGERIA:TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT '000 JOBS % OF WHOLE ECONOMY EMPLOYMENT 900.0 7.0 800.0 6.0 700.0 5.0 600.0 500.0 4.0 400.0 3.0 300.0 2.0 200.0 1.0 100.0 0.0 0.0 2017 2018 22002288 2017 2018 22002288 Direct Indirect Induced Direct Indirect Induced 4 | WORLD TRAVEL & TOURISM COUNCIL VISITOR EXPORTS AND INVESTMENT1 VISITOR EXPORTS Visitor exports are a key component of the direct contribution of Travel & Tourism. In 2017, Algeria generated DZD27.6bn in visitor exports. In 2018, this is expected to grow by 6.6%, and the country is expected to attract 2,293,000 international tourist arrivals. By 2028, international tourist arrivals are forecast to total 4,159,000, generating expenditure of DZD52.7bn, an increase of 6.0% pa. ALGERIA:VISITOR EXPORTS AND INTERNATIONAL TOURIST ARRIVALS CONSTANT 2017 DZDBN mn FOREIGN VISITOR EXPORTS AS % OF TOTAL EXPORTS 60 4.5 1.2 4 50 1.0 3.5 40 3 0.8 2.5 30 2 0.6 20 1.5 1 0.4 10 0.5 0.2 0 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 0.0 FOREIGN VISITOR EXPORTS (LHS) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 FOREIGN TOURIST ARRIVALS (RHS) INVESTMENT Travel & Tourism is expected to have attracted capital investment of DZD202.5bn in 2017. This is expected to fall by 7.3% in2018, and rise by 4.3% pa over the next ten years to DZD286.3bn in 2028. Travel & Tourism’s share of total national investment will rise from 2.3% in 2018 to 3.0% in 2028. ALGERIA:CAPITAL INVESTMENT IN TRAVEL & TOURISM CONSTANT 2017 DZDBN % OF WHOLE ECONOMY INVESTMENT 4.5 350 4.0 300 3.5 250 3.0 200 2.5 2.0 150 1.5 100 1.0 50 0.5 0 0.0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20282028 1 All values are in constant 2017 prices & exchange rates TRAVEL & TOURISM ECONOMIC IMPACT 2018 | 5 DIFFERENT COMPONENTS OF COUNTRY RANKINGS: ABSOLUTE CONTRIBUTION,2017 TRAVEL & TOURISM1 ALGERIA TRAVEL & TOURISM'S CONTRIBUTION TO GDP: BUSINESS VS LEISURE, 2017 Leisure travel spending (inbound and domestic) TRAVEL & TOURISM'S DIRECT 2017 TRAVEL & TOURISM'S TOTAL 2017 generated 77.6% of direct Travel & Tourism GDP in CONTRIBUTION TO GDP (US$bn) CONTRIBUTION TO GDP (US$bn) 2017 (DZD690.6bn) compared with 22.4% for business Leisure spending travel spending (DZD199.3bn). 5 Italy 106.8 6 Italy 253.5 77.6% 10 Spain 70.9 9 Spain 196.2 Leisure travel spending is expected to grow by 2.4% in 15 Turkey 32.0 14 Turkey 98.4 Business 2018 to DZD707.2bn, and rise by 2.6% pa to spending DZD914.7bn in 2028. World Average 21.5 World Average 62.9 22.4% 25 Greece 16.2 29 Greece 39.7 Business travel spending is expected to grow by 3.8% 38 Egypt 10.7 45 Egypt 21.1 in 2018 to DZD206.8bn, and rise by 2.2% pa to 44 Morocco 8.8 49 Morocco 20.0 DZD258.2bn in 2028. North Africa Average 5.8 North Africa Average 12.2 54 Algeria 5.4 58 Algeria 11.3 70 Tunisia 2.7 80 Tunisia 5.7 92 Cyprus 1.5 88 Cyprus 4.7 121 Senegal 0.7 128 Senegal 1.7 ALGERIA TRAVEL & TOURISM'S DIRECT 2017 TRAVEL & TOURISM'S TOTAL 2017 TRAVEL & TOURISM'S CONTRIBUTION TO GDP: CONTRIBUTION TO EMPLOYMENT '000 jobs CONTRIBUTION TO EMPLOYMENT '000 jobs DOMESTIC VS FOREIGN, 2017 Domestic travel spending generated 96.9% of direct Travel & Tourism GDP in 2017 compared with 3.1% for 13 Italy 1490.5 14 Italy 3394.7 Foreign visitor spending visitor exports (ie foreign visitor spending or 18 Egypt 1099.0 17 Spain 2838.4 international tourism receipts). 3.1% World Average 937.5 21 Egypt 2425.4 20 Spain 930.4 World Average 2341.0 Domestic spending Domestic travel spending is expected to grow by 22 Morocco 824.5 22 Turkey 2093.6 2.6% in 2018 to DZD884.6bn, and rise by 2.4% pa to 96.9% North Africa Average 501.5 23 Morocco 1901.8 DZD1,120.1bn in 2028. 35 Turkey 461.8 North Africa Average 1113.3 Visitor exports are expected to grow by 6.6% in 2018 36 Greece 459.0 40 Greece 934.4 to DZD29.4bn, and rise by 6.0% pa to DZD52.7bn in 44 Algeria 320.1 50 Algeria 678.7 2028. 57 Tunisia 225.1 71 Tunisia 464.1 67 Senegal 177.5 73 Senegal 422.0 137 Cyprus 26.1 134 Cyprus 85.2 2017 2017 TRAVEL & TOURISM INVESTMENT VISITOR EXPORTS ALGERIA (US$bn) (US$bn) BREAKDOWN OF TRAVEL & TOURISM'S TOTAL CONTRIBUTION TO GDP, 2017 The Travel & Tourism industry contributes to GDP 9 Spain 20.9 3 Spain 75.4 Direct and employment in many ways as detailed on page 2. 10 Turkey 20.5 7 Italy 44.9 48.4% 17 Italy 11.6 13 Turkey 31.3 Induced World Average 4.8 21 Greece 18.6 19.6% 33 Morocco 4.6 40 Morocco 8.4 The total contribution of Travel & Tourism to GDP 40 Greece 3.6 World Average 8.1 Indirect is twice as large as its direct contribution. 32.1% 42 Egypt 3.4 41 Egypt 8.0 North Africa Average 2.1 North Africa Average 3.7 Indirect is the 56 Algeria 1.8 67 Cyprus 3.1 sum of: (a) Supply chain 78 Tunisia 0.8 90 Tunisia 1.8 16.6% a 93 Cyprus 0.4 137 Senegal 0.4 (b) Investment c b 136 Senegal 0.1 148 Algeria 0.2 12.8% (c) Government The tables on pages 7-10 provide provide brief extracts from the full WTTC Country League Table Rankings, highlighting comparisons with collective competing destinations as well as with the world and regional average. Averages in above tables are simple cross-country averages. 2.6% The competing destinations selected are those that offer a similar tourism product and compete for tourists from the same set of origin markets. 1 All values are in constant 2017 prices & exchange rates These tend to be, but are not exclusively, geographical neighbours. 6 | WORLD TRAVEL & TOURISM COUNCIL

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engine of employment opportunity.” Gloria Guevara Manzo, President & opportunity. Over the past ten years, one in five of all jobs created across the world has been in the sector and, with the right regulatory conditions and government support the wonders of the world. Strong growth also requir
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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.