Economics
Student Videos
Evaluating Tourism as a Development Strategy
- Level:
- A Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 27 Apr 2021
This short revision video provides overview of some of the arguments for and against tourism as a key driver of growth and development.
Globally, travel and tourism's direct contribution to GDP was approximately 2.9 trillion U.S. dollars in 2019.
But the industry has been hit severely by the coronavirus pandemic in 2020-21.
According to the World Travel & Tourism Council, tourism’s contribution to global GDP fell 49.1 per cent in 2020 compared with a drop of 3.7 world GDP.
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