Africa:Tourism council plans to boost employment by 2032

On May 20, 2022

Over the next 10 years, the African Travel & Tourism sector plans to create at most, 14 million new jobs.

Revealing this, the World Travel & Tourism Council’s (WTTC) released a positive forecast showing an average of 1.4 million new jobs every year, and that the sector will lead the economic recovery in Africa, with its annual GDP growth set to outpace the overall economy till the year 2032.

According to the report, travel and tourism’s GDP is forecasted to grow at an average rate of 6.8% annually for the next 10 years. This is more than twice the 3.3% growth rate of the region’s overall economy, to reach nearly US$ 279bn (7.2% of the total economy).

The sector’s contribution to GDP is expected to grow 20.5% to US$ 144bn by the end of 2022, amounting to 5.1% of the total economic GDP, while employment in the sector is set to grow by 3.1% this year to reach nearly 22 million jobs.

The global tourism body’s annual report also shows further optimism for the region’s Travel & Tourism GDP, which could approach pre-pandemic levels by 2023 – just 9% below 2019 levels.

According to the WTTC president and CEO, Julia Simpson : “Africa is clearly bouncing back and is set to experience a significant recovery over the next couple of years and looking ahead over the next 10 years, the sector could create almost 14 million jobs.

“However, last year the recovery was significantly impacted by Omicron, which saw many countries reinstating severe and unjustified travel restrictions on several key African destinations.”

Before the pandemic, the travel and tourism sector’s contribution to the region’s GDP was 6.8% (US$182.4bn) in 2019, falling to just 3.8% (US$96.5bn) in 2020 when the pandemic was at its height, nearly halving the contribution of such a crucial sector to the economy with a 47.1% decline.

The sector also supported more than 25 million jobs across the region, which after a 22.9% drop, fell to just 19.6 million in 2020.

However, 2021 marked in WTTC’s latest Economic Impact Reports, a year that saw the beginning of the recovery for the travel and tourism sector in Africa with a GDP contribution increase of 23.5% year on year, to reach more than US$119bn and the recovery of 1.6 million travel and tourism jobs, representing a positive 8.2% rise to reach more than 21 million.

Zawya