TIRANA, April 9/ATA/-The World Travel and Tourism Council (WTTC) forecasts growth of Albanian tourism during 2018.
WTTC carries in its webpage a general analysis highlighting the impact of Albanian tourism to the GDP, employment and total investments.
The direct contribution of Travel & Tourism to GDP was ALL134.1bn (USD1,124.1mn), 8.5% of total
GDP in 2017 and is forecast to rise by 3.9% in 2018, and to rise by 4.7% pa, from 2018-2028, to ALL220.4bn (USD1,847.2mn), 9.3% of total GDP in 2028.
GDP: TOTAL CONTRIBUTION
The total contribution of Travel & Tourism to GDP was ALL414.2bn (USD3,471.9mn), 26.2% of GDP in 2017, and is forecast to rise by 4.4% in 2018, and to rise by 4.7% pa to ALL684.2bn (USD5,735.0mn), 28.9% of GDP in 2028.
EMPLOYMENT: DIRECT CONTRIBUTION
In 2017 Travel & Tourism directly supported 93,500 jobs (7.7% of total employment). This is expected to rise by 3.3% in 2018 and rise by 1.4% pa to 111,000 jobs (8.8% 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 24.1% of total employment (291,500 jobs). This is expected to rise by 3.8% in 2018 to 302,500 jobs and rise by 1.3% pa to 344,000 jobs in 2028 (27.3% of total).
VISITOR EXPORTS
Visitor exports generated ALL235.5bn (USD1,974.1mn), 54.2% of total exports in 2017. This is forecast to grow by 3.6% in 2018, and grow by 4.7% pa, from 2018-2028, to ALL387.4bn (USD3,247.4mn) in 2028, 62.2% of total.
INVESTMENT
Travel & Tourism investment in 2017 was ALL32.2bn, 7.5% of total investment (USD269.9mn). It should rise by 5.5% in 2018, and rise by 4.4% pa over the next ten years to ALL52.1bn (USD437.1mn) in 2028, 8.2% of total.
Following is the link:
https://www.wttc.org/-/media/files/reports/economic-impact-research/countries-2018/albania2018.pdf
