ESTA has prepared a report showing the effect of coronavirus on tourism industry.
Travel and tourism is one of the industries that has been most affected by COVID-19, with many travel plans thrown into disarray as border closures forced a number of airlines and tour operators to cancel long-awaited holidays and implement travel restrictions.
In 2019, global travel and tourism contributed USD 8.9 trillion to the world’s GDP, yet due to the current pandemic many countries and their industries have been severely affected due to the lack of tourism. So, which countries have been the hardest hit?
Using data from the World Travel and Tourism Council and The World Bank, ESTA has looked at the countries with the biggest tourism revenue loss due to COVID-19 and the impact this is having on the contribution that travel and tourism makes to their GDP.
In terms of revenue loss, the United States holds the first place with 30,709 M USD loss.
Below is list of top 20 countries with biggest revenue loss in tourism
In terms of Gross domestic product (GDP) loss , Turks and Caicos Islands holds first place with 9.2% loss.
Source: ESTA
