How much does tourism bring to Thailand 2019?

How much does Thailand earn from tourism 2019?

Thailand’s Tourism Revenue reached 62 USD bn in Dec 2019, compared with 58 USD bn in the previous year See the table below for more data.

How many tourists did Thailand have in 2019?

China may reopen Hong Kong border in early December

Thailand, one of the region’s most popular destinations, is heavily dependent on tourism. In 2019, 40 million arrivals spent 1.91 trillion Thai baht ($57.3bn).

How big is Thailand’s tourism industry?

Thailand saw foreign tourist arrivals plunge to 73,932 in the first eight months of this year, from almost 40 million visitors in 2019 who generated more than $60 billion in revenue.

How much money does tourism bring to Thailand?

Tourism is an economic contributor to the Kingdom of Thailand. Estimates of tourism revenue directly contributing to the GDP of 12 trillion baht range from one trillion baht (2013) 2.53 trillion baht (2016), the equivalent of 9% to 17.7% of GDP.

How much is tourism worth to Thailand?

In 2020, the tourism industry contributed around one trillion Thai baht to Thailand’s GDP. In that same period, the total value of Thailand’s GDP amounted to approximately 15 trillion Thai baht. Thailand is one of the most popular tourist destinations in the world.

THIS IS EXCITING:  Your question: What are the benefits of tourism to local people?

How many tourists visit Thailand yearly?

Number of international tourist arrivals in Thailand from 2015 to 2020 (in millions)

Characteristic Number of internation tourist arrivals in millions
2019 39.8
2018 38.18
2017 35.59
2016 32.5

Why Thailand has a lot of tourists?

The food, the prices, the incredible hotels, cheap hostels, beautiful islands, the ease of getting around – any and all could be responsible for why Thailand is so popular, and why last year over 38 million people visited.

How many international arrivals did Thailand receive in 2019?

The number of tourists visiting Thailand increased from 35.35 million in 2017 to 38.28 million in 2018 and then 39.92 million in 2019.

How much does tourism contribute to the economy?

In 2019, the Travel & Tourism sector contributed 10.4% to global GDP; a share which decreased to 5.5% in 2020 due to ongoing restrictions to mobility. In 2020, 62 million jobs were lost, representing a drop of 18.5%, leaving just 272 million employed across the sector globally, compared to 334 million in 2019.