Tuesday 21 August 2018

Travel & Tourism generated 18% of New Zealand’s GDP in 2017

RESEARCH published by the World Travel & Tourism Council has shown that in 2017, the total contribution of Travel & Tourism accounted for 17.9% (NZD$47.5bn) of New Zealand’s GDP. This figure is set to rise by 2.9% per annum and forecast to account for 20% of New Zealand GDP over the next decade. 

The travel sector grew by 3.2% in 2017, faster than the economy as a whole which grew at 2.9% in the total wider economy. New Zealand is the 32nd largest travel economy in the world.



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