The tourism industry could lose at least 1,2 trillion dollars globally this year, according to data published this Wednesday, July 1, at the United Nations Conference on Trade and Development , informs “Bloomberg”.
According to the report, these initial losses are equivalent to 1,5% of the world economy and can reach 3,3 trillion dollars (three billion) if the impact on international leisure travel continues until March 2021.
The drop in tourism could cost Jamaica 11% of its Gross Domestic Product (GDP) and reduce Thailand's GDP by 9%. In turn, countries like Kenya, Egypt and Malaysia could lose more than 3% of their GDP, according to the report.
This loss of tourism revenue could lead to a sharp increase in unemployment of 12% in Thailand, 11% in Jamaica and 9% in Croatia.
The report also places Portugal in a group of richer countries with more diversified economies, including France, Greece, Italy, Spain and the United States, which will also lose billions of euros in tourism revenue.