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TZ is expecting US$ 3,699.4 FROM TOURISM

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by BLUE BALAA, Feb 2, 2011.


    BLUE BALAA JF-Expert Member

    Feb 2, 2011
    Joined: Nov 30, 2010
    Messages: 898
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    Tourism accounts for around 19% of the GDP and nearly 25% of total export earnings.
    % of GDP: 19% (2010)
    Growth py: 10% (2005)
    Arrivals py: about 1,000,000 (2010)
    Source markets: Europe, US
    Types of tourism: safari, sun and beach

    Currently Tanzania receives about 1,000,000 tourists annually (peak months are August and December) and this number is growing rapidly.

    The Tourism Statistic Bulletin (2005 edition) estimates that the economic impact of tourism to the national economy is USD 1,858.4 million for the year 2005 and is expected to reach US$ 3,699.4 million by 2015.

    Source: Tanzania Tourism Sectot

    Ecomists what are your comments in relation to the 10% growth rate in 2005?