Role of Tourism on Economic Research Proposal

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3. Contributions of Tourism to GDP

The individual contributions of the touristy industry to the gross domestic product of each country vary based on numerous indicators, such as number of visitors, the quality of the services delivered, the hospitality of the national citizens or any cultural barriers, alongside with financial indicators (such as exchange rates) or legislative measures which limit or encourage tourism. In 2000 for instance, the Japanese tourism accounted for 2.2% in total GDP; Australia's percentage was of 4.5, the U.S.' was of 3.5, Chile's was of 3.8, New Zeeland's was of 3.4 and Canada's was of 2.4. "In particular, the ratio of tourism consumption by foreign visitors to overall tourism consumption has been remarkably smaller in Japan compared with foreign countries.

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[...] the ratio was only 6.2% in Japan, whereas the ratio was as high as 35.6% in France, 30.0% in Canada, 22.0% in Australia, and 20.9% in the United States respectively" (Organization for Economic Cooperation and Development, 2002).

For the following period, the general growth trend is expected to be maintained throughout the world. The hierarchy for growth in travel and tourism economy between 2006 and 2015 is expected to be as follows: United States, China, Japan, Spain, France, Germany, Canada, Mexico, Australia and last, the United Kingdom. In the near future, Japan is estimated to be the forth country in terms of additional jobs created within the touristy industry, after China, India and the United States. In ten years, they are.....

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