Published on : Wednesday, April 5, 2017
In 2016, Iran’s budding tourism sector continued to grow, but as per WTTC forecasts, the country’s 2025 goals are more ambitious than previously thought. In its annual report titled “Economic Impact 2017–Iran”, WTTC figures clearly shows that Iranian tourism is growing but at a slower pace than desired. However, that’s still faster than regional and global average.
The direct contribution of the sector to GDP in 2016 was $11.9 billion, comprising 2.9% of total GDP, up $3.5 billion from 2015. The contribution is expected to rise by 7.5% in 2017 and is forecast to increase by 2.6% annually for the next 10 years, reaching $16.6 billion in 2027.
Direct contribution means economic activity generated by industries like hotels, travel agencies, airlines and other passenger transport services. It also includes the activities of restaurants and leisure industries directly supported by tourists.
The Iranian tourism industry generated 559,000 jobs directly in 2016 and it is forecast to grow by 4.9% in 2017. This includes employment by hotels, travel agencies, airlines and other passenger transportation services (excluding commuter services). It also includes, for example, the activities of restaurant and leisure industries directly supported by tourists. By 2027, the industry is predicted to generate 670,000 jobs directly. Iran’s declared goal is to attract 20 million tourists every year by 2025, generating $30 billion in revenue.