Tourism GDP in Egypt and its direct and indirect share of total GDP
Egypt Economy Infographic, Economic Statistics Data Of Egypt charts
Egypt: contribution of travel and tourism to GDP 2012 to 2028
Egypt’s 2019 tourism revenues hit $13bn, highest in history
Economy of Egypt
Egypt GDP From Transport
COMMENTS
Tourism industry in Egypt
Value added of travel and tourism to GDP in Egypt 2019-2023. Contribution value of travel and tourism to Gross Domestic Product (GDP) in Egypt from 2019 to 2023 (in billion U.S. dollars)
Egypt: contribution of tourism to GDP 2023
Contribution of travel and tourism to GDP in Egypt 2005-2023. In 2022, travel and tourism contributed 7.7 percent to Egypt's Gross Domestic Product (GDP). The share increased compared to 2020 ...
Travel and tourism industry in Egypt
The direct contribution of travel and tourism to the GDP in Egypt was close to 200 billion EGP in 2017, and is estimated to rise by 4.5 percent from 2018 to 2028 to 289.7 billion EGP.
Egypt Tourism Revenues
Tourism Revenues in Egypt averaged 8.60 USD Billion from 2010 until 2023, reaching an all time high of 13.60 USD Billion in 2023 and a record low of 3.80 USD Billion in 2016. source: Central Bank of Egypt. Tourism is one of the most important sources of income for Egypt and accounts for around 12% of GDP. Compare Tourism Revenues by Country.
Egypt
Tourism in the economy. In 2018, total revenue from tourism reached EGP 174.1 billion, a 124% increase on the previous year, representing 15% of the country's GDP. The tourism sector is one of the largest employers in Egypt, providing 3.1 million jobs or 9.5% of the total workforce. In 2018, Egypt recorded 9.8 million international arrivals ...
A sustainable tourism model transforms economic development: the Egypt
The Egyptian Context. Egypt is best characterized as a Low-Cost Mass Tourism Magnet. According to the IMF, the tourism industry employed 10 percent of the population and contributed to about 12 percent of GDP pre-pandemic. Egypt ranks first in Africa, fifth in MENA, and 51 st globally in the travel and tourism development index (TTDI). It is a ...
Egypt: Overcoming the COVID Shock and Maintaining Growth
Suchanan Tambunlertchai: Like most emerging markets, the COVID-19 pandemic has been an enormous shock for the Egyptian economy. The fallout was immediately felt through a sudden stop in tourism—which, at the onset of the crisis, accounted for around 12 percent of GDP, 10 percent of employment, and 4 percent of GDP in foreign currency earnings.
Infrastructure investment positions Egypt's tourism industry for growth
Tourism contributes substantially to Egypt's economy. After a fall in tourism revenue following the Arab Spring in 2011, tourist expenditure increased to Egypt's highest level in 2019 before falling due to the disruption of the pandemic in 2020. According to The World Travel & Tourism Council (WTTC), international arrival spending totalled ...
Tourism, from The Report: Egypt 2022
In the years leading up to the Covid-19 pandemic, the tourism sector was a key contributor to economic growth and foreign exchange. Egypt was expecting significant growth in tourism going into 2020 with the opening of new flight routes and museums, as well as investment in antiquities.
Egypt's Economic Update
However, exposed sectors that were contracting since the beginning of the pandemic (tourism, manufacturing, extractives, and Suez Canal) started rebounding during April—June 2021 (Q4-FY2020/2021); in part reflecting base effects, easing restrictions and the gradual resumption of economic activity, international travel and trade.
Egypt's tourism revenues break record with $15bn in 2023: El Batouty
Egypt's tourism revenues reached a record high of $15bn in 2023, surpassing the previous records of $12.5bn in 2010 and $13bn in 2019, before the January Revolution and the COVID-19 pandemic ...
News Article
The annual EIR from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, shows the sector's impact on GDP dropped 55%. Egypt's Travel & Tourism sector's contribution to the nation's GDP fell from $32 billion (8.8%) in 2019, to $14.4 billion (3.8%), just 12 months later, in 2020. The ...
Economic Impact Research
In 2023, the Travel & Tourism sector contributed 9.1% to the global GDP; an increase of 23.2% from 2022 and only 4.1% below the 2019 level. In 2023, there were 27 million new jobs, representing a 9.1% increase compared to 2022, and only 1.4% below the 2019 level. Domestic visitor spending rose by 18.1% in 2023, surpassing the 2019 level.
Tourism in Egypt
History Income from tourism (1982-2003) The number of tourists in Egypt stood at 0.1 million in 1952. Tourism became an important sector of the economy from 1975 onwards, as Egypt eased visa restrictions for almost all European and North American countries and established embassies in new countries like Austria, Netherlands, Denmark and Finland.In 1976, tourism was a focal point of the Five ...
Egypt GDP: Tourism
Egypt GDP: Tourism data is updated quarterly, averaging 10,779.500 EGP mn from Sep 2001 to Dec 2023, with 90 observations. The data reached an all-time high of 120,452.000 EGP mn in Jun 2023 and a record low of 1,527.000 EGP mn in Jun 2002. Egypt GDP: Tourism data remains active status in CEIC and is reported by Ministry of Planning and ...
Egyptology Is Having a Big Moment. But Will Tourists Come?
Tourism is a crucial part of Egypt's economy — international tourism revenues totaled $13 billion in 2019 — and the country has been eager to attract visitors back to its archaeological sites.
Egypt's tourism revenue rises 27% to $14bn
Egypt aims to attract 30 million tourists a year by 2028 and plans to increase the number of airline seats to the country three-fold. Tourism, which accounts for about 12 percent of Egypt's gross domestic product, suffered during the pandemic. Travel restrictions and lockdowns wiped $17.6 billion from the Egyptian economy in 2020, according ...
Can Egypt's Economic Overhaul Stave Off Crisis?
The Israel-Hamas war has weighed on Egypt's already-flagging economy. Tourism, which represented 15 percent of Egyptian GDP in 2018, dipped after the October 7, 2023, Hamas attack on Israel.
Egypt: contribution of travel and tourism to GDP 2012 to 2028
Jan 30, 2024. This statistic shows the total contribution of travel and tourism to GDP in Egypt from 2012 to 2028, accounting for inflation. In 2017, the total contribution to the GDP was 374.6 ...
Tourism in Egypt-SIS
Tourism is currently representing 11.3% of Egypt's GDP, 40% of the total Egypt's non-commodity exports and 19.3% of Egypt's foreign currency revenues. Egypt's plan to develop tourism sector. Because of the significant role of tourism in the national economy, the Ministry of Tourism has developed a plan to increase the capacity of the Egyptian ...
Egypt: tourism value added to GDP 2023
Travel and tourism added around 32 billion U.S. dollars to Egypt's Gross Domestic Product (GDP) in 2022. Compared to 2021, this was an increase from 22.3 billion U.S. dollars.
Egypt economy seen growing slower after IMF deal before picking up
Egypt has also been clobbered by the Gaza crisis, which caused Suez Canal revenue to fall by more than half and tourism growth to slow - two of Egypt's main sources of foreign revenue.
Chinese Tourists Are Again Embracing International Travel
The return of China's travelers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy. The ...
Contribution of travel and tourism to GDP in Egypt 2012-2028
Saifaddin Galal , Jan 30, 2024. This statistic shows the total contribution of travel and tourism to GDP in Egypt from 2012 to 2028, including direct, indirect and induced contributions. Travel ...
Egypt: tourism openness as share of the GDP 2020
In 2020, tourism openness in Egypt corresponded to two percent as a share of the Gross Domestic Product (GDP). Between 2008 and 2016, tourism openness as a share of GDP in the country followed an ...
IMAGES
COMMENTS
Value added of travel and tourism to GDP in Egypt 2019-2023. Contribution value of travel and tourism to Gross Domestic Product (GDP) in Egypt from 2019 to 2023 (in billion U.S. dollars)
Contribution of travel and tourism to GDP in Egypt 2005-2023. In 2022, travel and tourism contributed 7.7 percent to Egypt's Gross Domestic Product (GDP). The share increased compared to 2020 ...
The direct contribution of travel and tourism to the GDP in Egypt was close to 200 billion EGP in 2017, and is estimated to rise by 4.5 percent from 2018 to 2028 to 289.7 billion EGP.
Tourism Revenues in Egypt averaged 8.60 USD Billion from 2010 until 2023, reaching an all time high of 13.60 USD Billion in 2023 and a record low of 3.80 USD Billion in 2016. source: Central Bank of Egypt. Tourism is one of the most important sources of income for Egypt and accounts for around 12% of GDP. Compare Tourism Revenues by Country.
Tourism in the economy. In 2018, total revenue from tourism reached EGP 174.1 billion, a 124% increase on the previous year, representing 15% of the country's GDP. The tourism sector is one of the largest employers in Egypt, providing 3.1 million jobs or 9.5% of the total workforce. In 2018, Egypt recorded 9.8 million international arrivals ...
The Egyptian Context. Egypt is best characterized as a Low-Cost Mass Tourism Magnet. According to the IMF, the tourism industry employed 10 percent of the population and contributed to about 12 percent of GDP pre-pandemic. Egypt ranks first in Africa, fifth in MENA, and 51 st globally in the travel and tourism development index (TTDI). It is a ...
Suchanan Tambunlertchai: Like most emerging markets, the COVID-19 pandemic has been an enormous shock for the Egyptian economy. The fallout was immediately felt through a sudden stop in tourism—which, at the onset of the crisis, accounted for around 12 percent of GDP, 10 percent of employment, and 4 percent of GDP in foreign currency earnings.
Tourism contributes substantially to Egypt's economy. After a fall in tourism revenue following the Arab Spring in 2011, tourist expenditure increased to Egypt's highest level in 2019 before falling due to the disruption of the pandemic in 2020. According to The World Travel & Tourism Council (WTTC), international arrival spending totalled ...
In the years leading up to the Covid-19 pandemic, the tourism sector was a key contributor to economic growth and foreign exchange. Egypt was expecting significant growth in tourism going into 2020 with the opening of new flight routes and museums, as well as investment in antiquities.
However, exposed sectors that were contracting since the beginning of the pandemic (tourism, manufacturing, extractives, and Suez Canal) started rebounding during April—June 2021 (Q4-FY2020/2021); in part reflecting base effects, easing restrictions and the gradual resumption of economic activity, international travel and trade.
Egypt's tourism revenues reached a record high of $15bn in 2023, surpassing the previous records of $12.5bn in 2010 and $13bn in 2019, before the January Revolution and the COVID-19 pandemic ...
The annual EIR from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, shows the sector's impact on GDP dropped 55%. Egypt's Travel & Tourism sector's contribution to the nation's GDP fell from $32 billion (8.8%) in 2019, to $14.4 billion (3.8%), just 12 months later, in 2020. The ...
In 2023, the Travel & Tourism sector contributed 9.1% to the global GDP; an increase of 23.2% from 2022 and only 4.1% below the 2019 level. In 2023, there were 27 million new jobs, representing a 9.1% increase compared to 2022, and only 1.4% below the 2019 level. Domestic visitor spending rose by 18.1% in 2023, surpassing the 2019 level.
History Income from tourism (1982-2003) The number of tourists in Egypt stood at 0.1 million in 1952. Tourism became an important sector of the economy from 1975 onwards, as Egypt eased visa restrictions for almost all European and North American countries and established embassies in new countries like Austria, Netherlands, Denmark and Finland.In 1976, tourism was a focal point of the Five ...
Egypt GDP: Tourism data is updated quarterly, averaging 10,779.500 EGP mn from Sep 2001 to Dec 2023, with 90 observations. The data reached an all-time high of 120,452.000 EGP mn in Jun 2023 and a record low of 1,527.000 EGP mn in Jun 2002. Egypt GDP: Tourism data remains active status in CEIC and is reported by Ministry of Planning and ...
Tourism is a crucial part of Egypt's economy — international tourism revenues totaled $13 billion in 2019 — and the country has been eager to attract visitors back to its archaeological sites.
Egypt aims to attract 30 million tourists a year by 2028 and plans to increase the number of airline seats to the country three-fold. Tourism, which accounts for about 12 percent of Egypt's gross domestic product, suffered during the pandemic. Travel restrictions and lockdowns wiped $17.6 billion from the Egyptian economy in 2020, according ...
The Israel-Hamas war has weighed on Egypt's already-flagging economy. Tourism, which represented 15 percent of Egyptian GDP in 2018, dipped after the October 7, 2023, Hamas attack on Israel.
Jan 30, 2024. This statistic shows the total contribution of travel and tourism to GDP in Egypt from 2012 to 2028, accounting for inflation. In 2017, the total contribution to the GDP was 374.6 ...
Tourism is currently representing 11.3% of Egypt's GDP, 40% of the total Egypt's non-commodity exports and 19.3% of Egypt's foreign currency revenues. Egypt's plan to develop tourism sector. Because of the significant role of tourism in the national economy, the Ministry of Tourism has developed a plan to increase the capacity of the Egyptian ...
Travel and tourism added around 32 billion U.S. dollars to Egypt's Gross Domestic Product (GDP) in 2022. Compared to 2021, this was an increase from 22.3 billion U.S. dollars.
Egypt has also been clobbered by the Gaza crisis, which caused Suez Canal revenue to fall by more than half and tourism growth to slow - two of Egypt's main sources of foreign revenue.
The return of China's travelers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy. The ...
Saifaddin Galal , Jan 30, 2024. This statistic shows the total contribution of travel and tourism to GDP in Egypt from 2012 to 2028, including direct, indirect and induced contributions. Travel ...
In 2020, tourism openness in Egypt corresponded to two percent as a share of the Gross Domestic Product (GDP). Between 2008 and 2016, tourism openness as a share of GDP in the country followed an ...