What Percentage Is Tourism in Thailand?

By Anna Duncan

Thailand is one of the most popular tourist destinations in Asia. This Southeast Asian country has a rich cultural heritage, beautiful beaches, delicious food, and a vibrant nightlife.

According to the World Bank, tourism accounts for a significant percentage of Thailand’s GDP. In this article, we’ll explore what percentage of Thailand’s economy is driven by tourism.

Thailand’s Tourism Industry

Thailand’s tourism industry has been growing steadily over the years. In 2019, the country welcomed approximately 39.8 million international tourists, which is a record high for the country. The tourism industry in Thailand generates billions of dollars in revenue each year and provides employment opportunities for millions of people.

GDP Contribution

Tourism is one of the major drivers of Thailand’s economy. According to data from the World Bank, travel and tourism contributed 21.6% to Thailand’s gross domestic product (GDP) in 2019. This means that more than one-fifth of Thailand’s economy is based on tourism.

Employment Opportunities

The tourism industry in Thailand also provides employment opportunities for millions of people. It is estimated that around 8 million people are employed directly or indirectly by this industry. Jobs in the tourism sector range from hotel staff to tour guides, restaurant workers to transportation providers.

Conclusion

In conclusion, tourism plays a vital role in Thailand’s economy by contributing significantly to its GDP and providing employment opportunities for millions of people. The government has been investing heavily in infrastructure development and promoting sustainable tourism practices to ensure that this industry continues to grow in a responsible manner.

If you’re planning a trip to Thailand anytime soon, be sure to explore all that this beautiful country has to offer from its stunning beaches and ancient temples to its vibrant cities and delicious cuisine!