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COMCEC Tourism Outlook-2016

12

Figure 3.5 International Arrivals & Tourism Receipts (2005-2015)

Source: UNWTO

Earnings in euro area destinations for instance rendered 16% fewer US dollars in 2015

compared to 2014. As a result, total receipts in absolute US$ terms were US$ 49 bn lower in

2015 (US$ 1260 bn) than in 2014 (US$ 1309 bn).

Advanced economy destinations (+3.1%) recorded somewhat slower growth in receipts than

emerging economy destinations (+6.7%).

By region, the largest increase in receipts for the Americas was recorded as an increase +7.8%

(i.e. constant price change) in 2015. It is followed by Asia and the Pacific and the Middle East

both grew by 4%, while in Europe they grew by 3% and in Africa by 2%.

Table 3.3 International Tourism Receipts by Region (Billion $)

Tourism Receipts

2000

2013

2014

2015

Share (%)

World

475

1,197

1,309

1,206

100

Europe

234.5

491.7

513.5

450.7

35.8

Asia & Pacific

86.7

360.7

420.1

418.3

33.2

Americas

132.8

246.4

288.0

303.7

24.1

Africa

10.8

35.1

36.1

33.1

2.6

Middle East

12.7

45.1

51.6

54.4

4.3

Source: UNWTO, Tourism Highlights 2002&2013&2016 Edition

According to the UNWTO; Americas, which accounts for 24% of international tourism receipts

worldwide, shows the biggest growth and increased its tourism receipts by 8% in real terms to

US$304 billion. Many destinations benefited from the appreciation of US dollar, driving tourism

demand for the United States.

In Europe, international tourism receipts grew by 3% in real terms to US$ 451 billion,

representing 36% of worldwide receipts. The weaker Euro in 2015 has boosted the region’s

0

200

400

600

800

1000

1200

1400

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

809 853 908 926 890

950 995

1.038 1.087 1.134

1186

706 747

861

944

856

986

1.104 1.146 1.236

1.309 1260

Arrivals (Millions)

Receipts (Billion US$)