CURRENT AFFAIRS

2017

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

As per the new report of the World Travel and Tourism Council (WTTC) 2016 which country has topped in the world in terms of its total contribution to the country’s Gross Domestic Product (GDP)?

A	Norway
B	Sweden
C	USA
D	Switzerland

Explanation:

Detailed explanation-1: -The World Travel & Tourism Council is the global authority on the economic and social contribution of Travel & Tourism. WTTC promotes sustainable growth for the Travel & Tourism sector, working with governments and international institutions to create jobs, drive exports and generate prosperity.

Detailed explanation-2: -13th in terms of Visitor exports, WTTC (2020). India is currently ranked 54th in World Economic Forum’s Travel & Tourism Development Index (2021).

Detailed explanation-3: -Overall, the total contribution of travel and tourism to the global GDP amounted to roughly 5.8 trillion U.S. dollars in 2021.

Detailed explanation-4: -For 2022, WTTC projects that the sector’s GDP contribution will grow by more than 42% versus 2021, reaching more than $1.8 billion by the end of this year and accounting for 7.6% of the entire U.S. economy.

There is 1 question to complete.