economic impact of tourism the basics for the economic impacts of tourism 3.0 / 5 based on 1 rating ? GeographyThe economy and global superpowersASOCR Created by: Thegirlwhoknewtoomuch - Team GRCreated on: 01-03-13 19:23 impact on global economy tourist reciepts alone underestimate the importance of tourism on the global economy direct employment by tourism is 76.1million and accounts for 3.5% of worlds GDP however by including indirect employment tourism accounts for 231.1million employment and 10.4% worlds GDP 1 of 5 travel and tourism satellite accounting satellite accounting includes direct and indirect expenditure and reciepts this shows a clearer view of the economic impacts in all areas of tourism economy 2 of 5 direct effects examples accomidation recreation catering entertainment transport 3 of 5 indirect effects examples oil and gas suppliers aircraft manufacturing construction services printing and publishing security 4 of 5 capital investment money invested inbotels, attractions, roads and other aspects of infrastructure that facilitates high volume tourism capital investment was estimated to be $1155 billion in 2007 5 of 5
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