The growth and size of the tourism industry

By M. Shykot Raihan Cell: 8801711383245 Mail: kushtia.com@ mail.com

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International tourism receipts grew by 4% in 2012 Receipts from international tourism in destinations around the world grew by 4% in 2012 reaching US$ 107 billion! "his growth is e#ual to the 4% increase in international tourist arri$als which reached 10% million in 2012! &n additional US$ 21' billion was recorded in receipts from international passenger transport( bringing total e)ports generated by international tourism in 2012 to US$ 1!% trillion! According to the latest U*+", +orld "ourism -arometer, international tourism receipts hit a new record in 2012, reaching an estimated US$ 1075 billion (euro 8 7 billion! worldwide, up "# in real terms, $rom US$ 10"2 billion (euro 7"% billion! in 2011& '(t is encouraging to see that the growth in international tourist arri)als was e*ualled b+ a comparable increase in spending in spite o$ continued economic challenges, said U-./0 Secretar+12eneral, /aleb 3i$ai& '4onsidering that tourism is a 5e+ e6port $or man+ economies around the world, this result is good news as it pro)ides $oreign reser)es to destinations, and contributes to 7ob creation in tourism as well as in related economic sectors, he added& 8+ regions, the Americas (97#! recorded the largest increase in receipts, $ollowed b+ Asia and the Pacific (9:#!,Africa (95#! and urope (2#!& 3eceipts in the !iddle ast were still down (12#!; +et report a stead+ impro)ement compared to the decline recorded in 2011& (n absolute )alues, <urope saw US$ "57 billion in tourism earnings (euro 5: bn! e*ui)alent to " # o$ the world=s total tourism receipts, the largest share b+ region& >estinations in Asia and the ?aci$ic (US$ 2 billion or euro 251 bn! account $or 0# o$ international tourism receipts and the Americas (US$ 215 billion or euro 1:7 bn! $or 20#& (n the @iddle <ast ("# share! total tourism receipts reached US$ "7 billion (euro : bn! and in A$rica ( # share! US$ " billion (euro 2: bn!&
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<6cept $or international tourism receipts (the tra)el item in the 8alance o$ ?a+ments!, tourism also generates e6port earnings through international passenger transport& /he latter amounted to an estimated US$ 21% billion in 2012, bringing total receipts generated b+ international tourism to US$ 1& trillion, or US$ &5 billion a da+ on a)erage& (nternational tourism (tra)el and passenger transport! accounts $or 0# o$ the world=s e6ports o$ ser)ices and :# o$ o)erall e6ports o$ goods and ser)ices& As a worldwide e6port categor+, tourism ran5s $i$th a$ter $uels, chemicals, $ood and automoti)e products, while ran5ing $irst in man+ de)eloping countries& "ealthy growth in both ad#anced and emerging economy destinations /he top 10 ran5ing o$ destinations b+ receipts remained )irtuall+ unchanged in 2012, with the United States, Spain, Arance, 4hina and (tal+ leading, $ollowed b+ @acau (4hina!, 2erman+, United Bingdom, Cong Bong (4hina! and Australia& A number o$ the more mature destinations among the world=s top 10 earners showed remar5able resultsD the United States (911#!, Arance (97#!, 2erman+ (9:#!, the United Bingdom (95#! and Cong Bong (4hina! (91"#!& 0ther ad)anced econom+ destinations with growth rates o$ 10# or abo)e include Sweden (917#!, Eapan (9 #!, the 3epublic o$ Borea (91"#! and Ainland (91:#!& Among the emerging econom+ destinations highest receipts growth was reported b+ /hailand (925#!, (ndia (922#!, ?oland (91 #!, South A$rica (918#!, <g+pt (91"#!, Fietnam (918#! and U5raine (91 #!&

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