WT TC: Albanian tourism with widespread growth

The World Tourism and Travel Council (WTTC) envisions a comprehensive increase in Albanian tourism during 2018.

In a general analysis, W The TTC cites the impact of Albanian tourism on the Bruto Interior Product, on employment, on the number of visitors, as well as on the total investment.

The WTTC predicts all these factors on the rise.

According to her, direct tourism contributions to GDP during 2017 were 134,1 billion dollars ( The USSD 1,124.1mln), or 8.5% of total GDP, while for 2018 an increase of 3.9% in 2018 and an increase of 4.7% per year over 2018-2028.

This increase will amount to 220.4 billion dollars ( USSD 1,847.2 mln) or 9.3% of total GDP in 2028.

According to W TTC total contribution for 2017 was $414.2 billion ( USSD 3,471.9 mln) or 26.2% GDP and forecast is an increase of 4.4% in 2018 and an increase of 4.7% per year to 684.2 billion dollars ( USSD 5,735.0 mln) or 28.9% GDP in 2028.

Meanwhile, the direct contribution to tourism employment during 2017 was 93,500 jobs (7.7% of total employment). This is expected to increase 3.3% in 2018, as well as an increase of 1.4% annually in 111,000 jobs (8.8% of total employment) in 2028.

In 2017, the total contribution of tourism to employment, including jobs indirectly supported by the industry, was 24.1% of total employment (291,500 jobs).

This is expected to increase by 3.8% to 2018 to 302,500 jobs and will grow by 1.3% to 34,000 jobs in 2028.3% of total," Atsh writes.

According to W TTC, exports to visitors granted 235.5 billion leks ( USSD 1,974.1 mln), 54.2% of total exports in 2017.

This is projected to increase by 3.6% to 2018 and will rise by 4.7%, from 2018-2028 to 387.4 billion leks ( USSD 3,247.4 mln) at 2028 or 62.2% of the total.

Meanwhile, for investments W TTC says that for 2017 it was 32.2 billion dollars, or 7.5% of total investment ( USSD 269.9 mln. They will increase by 5.5% to 2018, and by 4.4% over the next 10 years to 52.1 billion dollars ( USSD 437.1mln.