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Dec 21, 2023 · Egypt's travel and tourism industry is one of the country’s leading economic sectors, contributing about 32 billion U.S. dollars to the GDP in 2022. As of the same year, international tourist...
- Travel and tourism industry in Egypt
The direct contribution of travel and tourism to the GDP in...
- Travel and tourism industry in Egypt
The latest United Nations World Tourism Organization (UNWTO) has revealed that Egypt is one of the world's fast-growing tourist destination. In 2017, the number rose to 8 million tourists compared to the previous year which was about 5.26 million.
Feb 22, 2024 · The direct contribution of travel and tourism to the GDP in Egypt was close to 200 billion EGP in 2017, and is estimated to rise by 4.5 percent from 2018 to 2028 to 289.7 billion EGP.
Jul 14, 2020 · The pandemic brought Egypt's tourism industry to a virtual halt, affecting millions of livelihoods.
Jun 21, 2024 · The World Travel & Tourism Council (WTTC) reports a remarkable comeback for Egypt’s tourism industry in 2023. The sector’s contribution to the country’s gross domestic product (GDP) surged by nearly 24%, reaching a record E£953 billion – exceeding the previous peak by a significant 21%.
The Egyptian travel and tourism sector contributed a record $19.8 billion (EGP 953 billion) to the country’s gross domestic product (GDP) during 2023, indicating a full recovery, according to a report by the World Travel & Tourism Council (WTTC).
Egypt is best characterized as a Low-Cost Mass Tourism Magnet. According to the IMF, the tourism industry employed 10 percent of the population and contributed to about 12 percent of GDP pre-pandemic. Egypt ranks first in Africa, fifth in MENA, and 51st globally in the travel and tourism development index (TTDI).