TRAVEL & TOURISM ECONOMIC IMPACT 2017 ITALY

SUMMARY TABLES:
ESTIMATES & FORECASTS
2016 2016 2017
2027
ITALY
1
USDbn % of total Growth 2 1
USDbn % of total Growth 3
Direct contribution to GDP 86.2 4.6 2.6 104.7 5.1 1.7
Total contribution to GDP 207.6 11.1 2.4 245.3 11.9 1.4
Direct contribution to employment 4 1,246 5.5 3.1 1,595 6.7 2.2
Total contribution to employment 4 2,867 12.6 2.6 3,455 14.5 1.6
Visitor exports 41.6 7.6 5.3 53.4 7.7 2.0
Domestic spending 114.6 6.1 1.8 136.3 6.6 1.6
Leisure spending 116.0 3.4 2.0 144.0 3.8 2.0
Business spending 40.1 1.2 4.8 45.7 1.2 0.8
Capital investment 10.6 3.4 0.3 12.7 3.5 1.8
1 2016 constant prices & exchange rates; 2 2017 real growth adjusted for inflation (%); 3 2017-2027 annualised real growth adjusted for inflation (%); 4 '000 jobs
2016 2016 2017 2027
EUROPEAN UNION
1
USDbn % of total Growth 2 1
USDbn % of total Growth 3
Direct contribution to GDP 611.3 3.7 2.9 786.9 4.1 2.3
Total contribution to GDP 1,682.9 10.2 2.6 2,149.2 11.2 2.2
Direct contribution to employment 4 11,409 5.0 2.8 13,641 5.8 1.5
Total contribution to employment 4 26,585 11.6 2.2 30,768 13.1 1.3
Visitor exports 418.5 5.9 5.6 619.5 6.6 3.4
Domestic spending 938.2 5.7 1.7 1,110.7 5.8 1.5
Leisure spending 1,027.5 2.8 2.8 1,312.5 3.1 2.2
Business spending 329.2 0.9 3.4 420.3 1.0 2.1
Capital investment 159.6 4.9 3.5 217.5 5.4 2.8
1 2016 constant prices & exchange rates; 2 2017 real growth adjusted for inflation (%); 3 2017-2027 annualised real growth adjusted for inflation (%); 4 '000 jobs
2016 2016 2017 2027
1
WORLDWIDE USDbn % of total Growth 2 1
USDbn % of total Growth 3
Direct contribution to GDP 2,306.0 3.1 3.8 3,537.1 3.5 4.0
Total contribution to GDP 7,613.3 10.2 3.6 11,512.9 11.4 3.9
Direct contribution to employment 4 108,741 3.6 2.1 138,086 4.0 2.2
Total contribution to employment 4 292,220 9.6 1.9 381,700 11.1 2.5
Visitor exports 1,401.5 6.6 4.5 2,221.0 7.2 4.3
Domestic spending 3,574.6 4.8 3.7 5,414.1 5.4 3.9
Leisure spending 3,822.5 2.3 3.9 5,917.7 2.7 4.1
Business spending 1,153.6 0.7 4.0 1,719.9 0.8 3.7
Capital investment 806.5 4.4 4.1 1,307.1 5.0 4.5
1 2016 constant prices & exchange rates; 2 2017 real growth adjusted for inflation (%); 3 2017-2027 annualised real growth adjusted for inflation (%); 4 '000 jobs
% of total refers to each indicator's share of the relevant whole economy indicator such as GDP and employment. Visitor exports is shown relative to total exports of goods and services.
Domestic spending is expressed relative to whole economy GDP. For leisure and business spending, their direct contribution to Travel & Tourism GDP is calculated as a share of
whole economy GDP (the sum of these shares equals the direct contribution). Investment is relative to whole economy investment.
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