WTTC report 2007 - Ada Bojana

Satellite AccountMontenegro2002 2003 2004 2005 2006 2007 2017ETravel & Tourism - € mnPersonal Travel & Tourism 63.20 58.10 62.70 75.00 86.60 103.00 230.00Business Travel & Tourism 5.42 5.65 5.43 6.65 11.20 12.90 28.60Corporate 3.42 4.18 4.24 2.27 8.89 9.96 20.50Government 2.00 1.47 1.19 4.37 2.32 2.97 8.09Gov’t Expenditures - Individual 0.60 0.78 0.94 1.09 1.28 1.40 2.91Visitor Exports 132.00 146.00 183.00 237.00 288.00 341.00 1,360.00Travel & Tourism Consumption 201.00 211.00 252.00 320.00 387.00 458.00 1,630.00Gov’t Expenditures - Collective 8.91 12.60 15.30 17.60 18.00 19.70 40.90Capital Investment 14.90 20.00 49.50 59.90 90.40 142.00 252.00Exports (Non-Visitor) 12.30 10.40 18.50 19.90 22.80 24.50 48.00Travel & Tourism Demand 237.00 254.00 335.00 417.00 518.00 644.00 1,970.00Travel & Tourism Industry Aggregates (Direct Impact Only)Employment (‘000) 13.00 12.60 11.70 12.70 13.10 14.90 26.20Gross Domestic Product 94.30 97.50 124.00 155.00 176.00 212.00 664.00Travel & Tourism Economy Aggregates (Direct and Indirect Impacts)Employment (‘000) 20.80 20.90 21.20 22.40 24.50 28.90 42.80Gross Domestic Product 151.00 162.00 225.00 274.00 328.00 411.00 1,090.00Travel & Tourism Accounts as % of National AccountsPersonal Travel & Tourism 5.92 5.67 5.52 6.43 6.43 7.08 7.82Gov’t Expenditures 2.81 3.32 3.69 3.99 3.46 3.48 3.58Capital Investment 7.50 9.95 17.30 18.50 19.60 25.80 23.40Exports 29.90 33.90 28.70 32.50 32.70 34.10 44.80T&T Imports 10.50 13.00 11.30 12.90 12.00 13.10 19.50Travel & Tourism Industry Aggregates (Direct Impact Only)Employment 9.04 8.81 8.12 8.78 8.69 9.64 15.30Gross Domestic Product 7.24 7.01 7.92 9.16 9.61 10.70 16.60Travel & Tourism Economy Aggregates (Direct and Indirect Impacts)Employment 14.50 14.60 14.80 15.50 16.20 18.70 25.00Gross Domestic Product 11.60 11.60 14.40 16.20 17.90 20.70 27.10Travel & Tourism Real Growth (per annum except 2017 = 10-year annualized)Personal Travel & Tourism 17.90 -12.00 0.12 15.50 13.30 16.20 5.19Business Travel & Tourism 5.35 -0.15 -10.90 18.10 65.50 12.30 5.13Gov’t Expenditures -18.60 35.00 12.10 11.10 1.66 6.19 4.46Capital Investment -54.90 28.20 130.00 16.90 48.10 52.40 3.54Visitor Exports 12.80 6.61 15.60 25.30 19.30 15.20 11.54Other Exports -10.60 -19.10 65.30 3.93 12.60 4.47 3.83Travel & Tourism Consumption 14.00 0.62 10.60 22.60 18.80 15.30 10.20Travel & Tourism Demand 1.27 2.65 22.30 20.20 22.00 21.00 8.6254