Tourism is a significant contributor to the economy of the United Arab Emirates (UAE). The country’s strategic location, diverse culture, and modern infrastructure make it an attractive destination for tourists from all over the world.
But just how much does tourism contribute to the UAE’s economy? Let’s take a closer look.
Overview of Tourism in UAE
The UAE has been investing heavily in its tourism sector for several years. The government has implemented policies and initiatives aimed at promoting the country as a leading global tourist destination. These efforts have paid off as the UAE welcomed over 21 million tourists in 2019, up from 15 million in 2010.
Contribution to GDP
Tourism is a vital sector of the UAE’s economy, contributing significantly to its gross domestic product (GDP). In 2019, the direct contribution of travel and tourism to the GDP was AED 78.5 billion (USD 21.4 billion), which accounted for approximately 5.2% of the nation’s total GDP.
Employment
In addition to contributing to GDP, tourism also creates employment opportunities. The sector directly employed around 570,000 people in 2019, accounting for approximately 5% of total employment in the country.
Tourism Investment
The UAE is also investing heavily in its tourism infrastructure and facilities. The government has launched various initiatives aimed at developing new attractions and enhancing existing ones to further boost tourism numbers.
- The Dubai Mall is one such attraction that receives millions of visitors every year.
- The Burj Khalifa is another popular tourist destination that draws visitors from all over the world.
- The Louvre Abu Dhabi is a new addition to this list, which has been attracting art lovers since its opening in 2017.
Conclusion
In conclusion, tourism is a vital contributor to the UAE’s economy, accounting for a significant portion of its GDP and employment. The government’s continued investment in the sector is a testament to its commitment to making the UAE a world-class tourist destination. With new attractions and facilities being developed, the future of tourism in the UAE looks bright.