In 2016, the direct contribution of the travel and tourism sector to the UAE’s GDP was AED 68.5 billion (USD 18.7 billion) which is equivalent to 5.2 per cent of the total GDP. It is forecast to rise by 5.1 per cent per annum from 2017 to 2027 to AED 116.1 billion (USD 31.6 billion) which would be equivalent to 5.4 per cent of the total GDP in 2027.
The total contribution of the travel and tourism sector to the UAE’s GDP was AED 159.1 billion (USD 43.3 billion) which is 12.1 per cent of GDP. It is forecast to rise by 4.9 per cent per annum to AED 264.5 billion (USD 72 billion) which would be 12.4 per cent of GDP in 2027.
The travel and tourism sector directly supported 317,500 jobs in the UAE which is 5.4 per cent of total employment. This is expected to rise by 2.4 per cent per annum to 410,000 jobs which would be 5.9 per cent of total employment in 2027.
The total contribution of travel and tourism sector to employment, including jobs indirectly supported by the industry was 10.4 per cent of total employment which was 617,500 jobs. This is expected to rise by 2 per cent per annum to 770,000 jobs in 2027 which would be 11.1 per cent of total jobs.
Investment in the travel and tourism sector was AED 26.2 billion (USD 7.1 billion) which amounted to 7 per cent of the total investments made. It is forecast to rise by 11 per cent per annum over the next 10 years to AED 74.5 billion (USD 20.3 billion) in 2027 which would be 11.2 per cent of the total investments.
Source: World Travel and Tourism Council
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