In 2018, travel and tourism contributed USD7,4 billion to the country’s economy, an increase of USD2,2 billion on 2017. The sector now represents 9,4 percent of Ethiopia’s total economy.
The WTTC research which compares the travel and tourism sector across 185 countries, shows that in 2018 this sector for Ethiopia indicates:
• Significantly outpaced the global growth rate of 3,9 percent, the African growth rate of 5,6 percent
• Supported 2,2 million jobs, or 8,3 percent of total employment
• Was primarily driven by leisure travellers: 79 percent of the travel and tourism spending was generated by leisure visitors and 21 percent from business travellers
• Is strongly weighted towards international travel: 77 percent of the travel and tourism spending came from international travelers and 23 percent from domestic travel
Travel and tourism in Ethiopia now accounts for one in every USD11 in the entire economy and one in 12 of all jobs