bulgaria2013 new
TRANSCRIPT
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Bulgaria
2013ANNUALRES
E
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2013
forecast
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GDP:DIRECTCONTRIBUTION
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GDP:TOTALCONTRIBUTION
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EMPLOYMENT: DIRECT
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CONTRIBUTION
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EMPLOYMENT: TOTAL
CONTRIBUTION
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In2012,thetotalcontri
butionofTravel
&Tourismtoempl
oyment,including
jobsindi
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rectlysupportedbythei
ndustry,was12.5
%oftotalemploy
ment(366,500job
s).Thisi
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sexpectedtor
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VISITOREXPORTSV
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INVESTMENT
T
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%
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l).
WORLDRANKING(OUT OF184COUNTRIES):
Relative importance of Travel & Tourism's total contribution to GDP
66 57 126172
ABSOLUTERELATIVE SIZE GROWTH
LONG-TERM
GROWTH
Size in 2012 Contribution to GDP in 2012 2013 forecast Forecast 2013-2023
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Total Contribution
of
Breakdown ofTravel & Tourism'sTotal
Travel & Tourism
to GDP
Contribution toGDP andEmployment 2012
2012 BGNmn
GDP (2012 BGNmn)
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2003
2004
2005
2006
DirectIndire
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Em
('
WTTC Travel & Tourism
Economic Impact 2013
1
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Defining the economic
contribution of Travel & Tourism
Travel & Tourism is an important economic activity in most countries around the world. As well as its direct economic
impact, the industry has significant indirect and induced impacts. The UN Statistics Division-approved Tourism Satellite
Accounting methodology (TSA:RMF 2008) quantifies only the direct contribution of Travel & Tourism. But WTTC
recognises that Travel & Tourism's total contribution is much greater, and aims to capture its indirect and induced
impacts through its annual research.
DIRECT CONTRIBUTION
The direct contribution of Travel & Tourism to GDP reflects the internal spending on Travel & Tourism (total spending
within a particular country on Travel & Tourism by residents and non-residents for business and leisure purposes) aswell as government 'individual' spending - spending by government on Travel & Tourism services directly linked to
visitors, such as cultural (eg museums) or recreational (eg national parks).
The direct contribution of Travel & Tourism to GDP is calculated to be consistent with the output, as expressed in
National Accounting, of tourism-characteristic sectors such as hotels, airlines, airports, travel agents and leisure
and recreation services that deal directly with tourists.The direct contribution of Travel & Tourism to GDP is calculated
from total internal spending by netting out the purchases made by the different tourism sectors. This measure is
consistent with the definition of Tourism GDP, specified in the 2008 Tourism Satellite Account: Recommended
Methodological Framework (TSA: RMF 2008).
TOTAL CONTRIBUTION
The total contribution of Travel & Tourism includes its wider impacts (ie the indirect and induced impacts) on the economy.
The indirect contribution includes the GDP and jobs supported by:
Travel & Tourism investment spending an important aspect of both current and future activity that includes
investment activity such as the purchase of new aircraft and construction of new hotels;
Government 'collective' spending, which helps Travel & Tourism activity in many different ways as it is made on
behalf of the community at large eg tourism marketing and promotion, aviation,
administration, security services, resort area security services, resort area sanitation services, etc;
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Domestic purchases of goods and services by the sectors dealing directly with tourists - including, for example,
purchases of food and cleaning services by hotels, of fuel and catering services by airlines, and IT services by
travel agents.
The induced contribution measures the GDP and jobs supported by the spending of those who are directly or indirectly
employed by the Travel & Tourism industry.
PLEASE NOTE THAT DUE TO CHANGES IN METHODOLOGY BETWEEN 2010 AND 2011, IT IS NOT POSSIBLE TO COMPARE FIGURES
PUBLISHED BY WTTC FROM 2011 ONWARDS WITH THE SERIES PUBLISHED IN PREVIOUS YEARS.
2
WTTC Travel & Tourism Economic Impact2013
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Travel & Tourism's
contribution to GDP1
The direct contribution of Travel & Tourism to GDP in 2012 was BGN2,975.5mn (3.8% of GDP). This is forecast to
rise by 3.8% to BGN3,088.4mn in 2013.This primarily reflects the economic activity generated by industriessuch as hotels, travel agents, airlines and other passenger transportation services (excluding commuter
services). But it also includes, for example, the activities of the restaurant and leisure industries directly
supported by tourists.
The direct contribution of Travel & Tourism to GDP is expected to grow by 1.9% pa to BGN3,742.1mn (3.0% of
GDP) by 2023.
BULGARIA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO GDP
Constant 2012 BGNmn
6,000
5,000
4,000
3,000
2,000
1,000
020232003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
% of whole economy GDP
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9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
2023
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
The total contribution of Travel & Tourism to GDP (including wider effects from investment, the supply chain and inducedincome impacts, see page 2) was BGN10,586.1mn in 2012 (13.6% of GDP) and is expected to grow by 1.9% to
BGN10,787.1mn (13.6% of GDP) in 2013.
It is forecast to rise by 1.9% pa to BGN13,072.2mn by 2023 (10.6% of GDP).
BULGARIA: TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO GDP
Constant 2012 BGNmn
14,000
12,000
10,00
0
8,000
6,000
4,000
2,000
0
2012 2013
2023
Direct Indirect Induced
1All values are in constant 2012 prices & exchange rates
% of whole economy GDP
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1
6.
0
1
4.
0
1
2.
0
1
0.
0
8.0
6.0
4.0
2.0
0.0
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2012 2013 2023
Direct Indirect Induced
WTTC Travel & Tourism Economic Impact 2013 3
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Travel & Tourism's
contribution to employment
Travel & Tourism generated 103,000 jobs directly in 2012 (3.5% of total employment) and this is forecast to grow
by 3.3% in 2013 to 106,500 (3.6% of total employment).
This includes employment by hotels, travel agents, airlines and other passenger transportation services
(excluding commuter services). It also includes, for example, the activities of the restaurant and leisure
industries directly supported by tourists.
By 2023, Travel & Tourism will account for 88,000 jobs directly, a decrease of 1.9% pa over the next ten years.
BULGARIA: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT
'000 jobs
250.0
200.0
150.0
100.0
50.0
0.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
% of whole economy employment
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8.0
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7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
The total contribution of Travel & Tourism to employment ( including wider effects from investment, the supply
chain and induced income impacts, see page 2) was 366,500 jobs in 2012 (12.5% of total employment). This is
forecast to rise by 1.2% in 2013 to 371,000 jobs (12.5% of total employment).
By 2023, Travel & Tourism is forecast to support 299,000 jobs (10.1% of total employment), a decrease of 2.1%
pa over the period.
BULGARIA: TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT
'000 jobs
400.0
350.0
300.0
250.0
200.0
150.0
100.0
50.0
0.02012 2013 2023
2023
Direct Indirect Induced
% of whole economy employment
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14
.0
12
.0
10
.0
8.0
6.0
4.0
2.0
0.0
2012 2013 2023
Direct Indirect Induced
4 WTTC Travel & Tourism Economic Impact 2013
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Visitor Exports and Investment1
VISITOR EXPORTS
Visitor exports are a key component of the direct contribution of Travel & Tourism. In 2012,
Bulgaria generated BGN6,407.2mn in visitor exports. In 2013, this is expected to grow by 5.6%, and the countryis expected to attract 6,570,000 international tourist arrivals.
By 2023, international tourist arrivals are forecast to total 7,802,000, generating expenditure of BGN8,159.5mn,
an increase of 1.9% pa.
BULGARIA: VISITOR EXPORTS AND INTERNATIONAL TOURIST ARRIVALS
Constant 2012BGNmn mn
9,000 9
8,000 8
7,000 7
6,000 6
5,000 5
4,000 4
3,000 3
2,000 2
1,000 1
0 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2023
Foreign visitor exports (LHS)
Foreign tourist arrivals (RHS)
Foreign visitor exports as % of total exports
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30.0
25.0
20.0
15.0
10.0
5.0
0.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
INVESTMENT
Travel & Tourism is expected to have attracted capital investment of BGN1,047.2mn in 2012. This is expected to fall by
1.1% in 2013, and rise by 5.9% pa over the next ten years to BGN1,828.8mn in 2023.
Travel & Tourisms share of total national investment will fall from 6.6% in 2013 to 5.9% in 2023.
BULGARIA: CAPITAL INVESTMENT IN TRAVEL & TOURISM
Constant 2012BGNmn
2,500
2,000
1,500
1,000
500
0
20232003
2
004
2
005
2
006
2
007
2
008
2
009
2
010
2
011
2
012
2
013
1All values are in constant 2012 prices & exchange rates
% of whole economy GDP
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1
4.
0
1
2.
0
1
0.
0
8.0
6.0
4.0
2.0
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0.0
2023
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
WTTC Travel & Tourism Economic Impact 2013 5
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Different components of
Travel & Tourism1
BulgariaTravel &Tourism'sContributionto GDP:
Businessvs Leisure,2012
Leisure spending
72.3%
Leisure
travel
spending
(inbound
and
domestic)
generated
72.3% of
direct
Travel &
Tourism
GDP in
2012
(BGN6,199.2mn)
compared
with
27.7% for
business
travel
spending
(BGN2,37
7.9mn).
Leisure
travel
spending
isexpected
to grow by
5.1% in
2013 to
BGN6,516
.6mn, and
rise by
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2.9%Businessspending
27.7%
Foreign
visitorspending
74.7%
Domesticspending
25.3%
Dir
ect
28.1%
Induced
16.3%
Indirect
55.6
%
Indirect isthe sum of:
(a) Supply chain
44.6%
(b) Investment
7.8%
(c) Governmentcollective
3.2%
Bulgaria
Travel &Tourism'sContribution toGDP:
Domestic vs
Foreign, 2012
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Bulgaria
Breakdown ofTravel &Tourism'sTotalContributi
on toGDP, 2012
a
c
1All values
are inconstant 2012prices &exchange rates
pa toBGN8,655.0mnin 2023.
Business travel
spending is
expected to grow
by 3.9% in 2013
to
BGN2,471.6mn,
and rise by 1.4%
pa to
BGN2,842.2mn
in 2023.
Domestictravel
spending
generated
25.3% of
direct Travel &
Tourism GDP
in 2012
compared with
74.7% for
visitor exports
(ie foreign
visitor
spending or
internationaltourism
receipts).
Domestic travel
spending is
expected to grow
by 2.3% in 2013
to
BGN2,220.3mn
, and rise by
4.2% pa to
BGN3,337.7mn
in 2023.
Visitor
exports are
expected to
grow by5.6% in 2013
to
BGN6,767.8
mn, and rise
by 1.9% pa
to
BGN8,159.5
mn in 2023.
The Travel &
Tourism
industry
contributes to
GDP and
employment in
many ways as
detailed on
page 2.
The total
contribution of
Travel &
Tourism to
GDP is nearly
four times
greater than
its direct
contribution.
6 WTTC Travel & Tourism Economic Impact 2013
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Country rankings:
Absolute contribution, 2012
Travel & Tourism's Direct 2012 Travel & Tourism's Total 2012
Contribution to GDP (US$bn) Contribution to GDP(US$bn)
5 Italy 81.9 5 Italy 206.9
23 Austria 18.4 World Average 52.3
World Average 17.2 21 Austria 50.8
26 Greece 15.4 27 Greece 38.9
48 Croatia 5.9 49 Czech Republic 17.1
49 Czech Republic 5.7 53 Hungary 13.8
53 Hungary 5.4 54 Croatia 13.8
65 Romania 2.6 62 Romania 8.872 Slovakia 2.2 66 Bulgaria 6.9
76 Bulgaria 2.0 73 Slovakia 5.4
106 Albania 0.8 99 Albania 2.7
Travel & Tourism's Direct 2012 Travel & Tourism's Total 2012
Contribution to Employment '000 jobs Contribution to Employment'000
jobs
14 Italy 1099.5 18 Italy2680.
8
World Average 793.7 World Average1975.
7
38 Greece 330.6 43 Greece 688.8
46 Czech Republic 262.1 52 Austria 569.1
50 Hungary 226.5 54 Czech Republic 534.0
54 Austria 210.3 58 Romania 479.0
58 Romania 193.2 67 Hungary 392.4
68 Croatia 138.6 69 Bulgaria 366.7
84 Bulgaria 102.9 75 Croatia 318.9
108 Slovakia 55.9 99 Albania 184.1
112 Albania 51.6 112 Slovakia 131.6
Travel & Tourism 2012Visitor 2012
Capital Investment (US$bn) Exports (US$bn)
14 Italy 14.7 6 Italy 40.5
World Average 4.2 14 Austria 20.7
32 Greece 4.0 24 Greece 16.1
37 Romania 3.6 33 Croatia 10.7
43 Austria 2.9 39 Czech Republic 8.0
52 Czech Republic 2.0 World Average 6.8
57 Croatia 1.3 45 Hungary 6.1
69 Hungary 0.8 55 Bulgaria 4.2
74 Bulgaria 0.7 73 Slovakia 2.2
82 Slovakia 0.5 74 Romania 2.1120 Albania 0.2 79 Albania 1.8
The tables on pages 7-10 provide provide brief extracts from the full WTTC Country League Table Rankings, highlighting comparisons with
competing destinations as well as with the world average.
The competing destinations selected are those that offer a similar tourism product and compete for tourists from the same set of origin markets.
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These tend to be, but are not exclusively, geographical neighbours.
WTTC Travel & Tourism Economic Impact 2013 7
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Country rankings:Relative contribution, 2012
Travel & Tourism's Direct 2012 Travel & Tourism's Total 2012
Contribution to GDP % share Contribution to GDP
%share
18 Croatia 11.9 19 Croatia 27.8
38 Greece 6.5 31 Albania 21.4
41 Albania 6.1 40 Greece 16.4
World Average 5.2 World Average 14.1
66 Austria 4.6 57 Bulgaria 13.6
73 Hungary 4.2 62 Austria 12.8
75 Italy 4.1 73 Hungary 10.8
80 Bulgaria 3.8 78 Italy 10.310
4 Czech Republic 2.9 100 Czech Republic 8.712
6 Slovakia 2.3 140 Slovakia 5.8
170 Romania 1.5 155 Romania 5.1
Travel & Tourism's Direct 2012 Travel & Tourism's Total 2012
Contribution to Employment % share Contribution to Employment
%share
15 Croatia 13.1 17 Croatia 30.2
24 Greece 8.8 34 Albania 19.5
44 Hungary 5.8 38 Greece 18.3
47 Albania 5.5 World Average 13.9
World Average 5.4 52 Austria 13.648 Czech Republic 5.4 59 Bulgaria 12.5
55 Austria 5.0 65 Italy 11.7
58 Italy 4.8 70 Czech Republic 10.9
90 Bulgaria 3.5 76 Hungary 10.112
6 Slovakia 2.4 137 Romania 5.713
1 Romania 2.3 138 Slovakia 5.7
Travel & Tourism Investment 2012 Visitor Exports 2012
Contribution to Total Capital Investment % share Contribution to Total Exports
%shar
e
31 Greece 13.8 23 Croatia 44.4
35 Croatia 12.1 29 Albania 34.7
World Average 8.1 35 Greece 29.1
71 Romania 7.4 World Average 16.6
77 Bulgaria 6.5 72 Bulgaria 12.2
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Country rankings:
Real growth, 2013
Travel & Tourism's Direct 2013 Travel & Tourism's Total 2013
Contribution to GDP % growth Contribution to GDP
%growth
5 Romania 10.6 33 Albania 6.7
16 Albania 7.9 76 Romania 4.3
88 Bulgaria 3.8 World Average 3.010
1 Austria 3.1 112 Austria 2.4
World Average 3.0 126 Bulgaria 1.915
0 Slovakia 0.9 146 Czech Republic 1.3
151 Czech Republic 0.8 157 Slovakia 0.8
159 Greece 0.6 171 Croatia -0.2
161 Croatia 0.4 173 Hungary -0.7
172 Hungary -0.5 177 Italy -1.4
175 Italy -1.1 180 Greece -1.9
Travel & Tourism's Direct 2013 Travel & Tourism's Total 2013
Contribution to Employment % growth Contribution to Employment
%growt
h
70 Albania 7.6 18 Albania 6.215
8 Romania 7.3 59 Romania 3.118
3 Bulgaria 3.3 World Average 1.7
88 Austria 2.4 99 Austria 1.5
World Average 1.3 106 Bulgaria 1.2
81 Greece 0.6 124 Czech Republic 0.317
6 Czech Republic -0.1 142 Croatia -0.5
87 Croatia -0.1 144 Hungary -0.6
97 Italy -0.3 158 Italy -1.1
141 Hungary -0.5 166 Slovakia -1.5
144 Slovakia -1.1 170 Greece -1.9
Travel & Tourism 2013Visitor 2013
Investment % growth Exports
%growth
81 Austria 4.8 4 Romania 13.2
84 Czech Republic 4.7 16 Albania 9.1
World Average 3.9 46 Austria 6.0
117 Slovakia 2.8 51 Bulgaria 5.615
6 Croatia 0.2 92 Greece 2.915
9 Romania -0.3 World Average 2.816
2 Albania -0.6 111 Croatia 1.916
5 Hungary -0.8 116 Hungary 1.5
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171 Bulgaria -1.1 149 Czech Republic -0.4
178 Italy -3.2 167 Italy -1.9
184 Greece -21.1 175 Slovakia -3.2
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Country rankings:Long term growth, 2013 - 2023
Travel & Tourism's Direct 2013 - 2023 Travel & Tourism's Total2013 -2023
Contribution to GDP % growth pa Contribution to GDP% growthpa
19 Croatia 6.1 26 Croatia 5.9
32 Romania 5.6 30 Romania 5.8
36 Albania 5.5 47 Albania 5.3
World Average 4.2 World Average 4.213
6 Slovakia 3.3 139 Greece 3.314
1 Greece 3.2 141 Slovakia 3.314
5 Austria 3.1 160 Austria 2.615
2 Hungary 3.0 161 Hungary 2.617
0 Italy 2.3 171 Italy 2.0
174 Bulgaria 1.9 172 Bulgaria 1.9
177 Czech Republic 1.9 176 Czech Republic 1.7
Travel & Tourism's Direct 2013 - 2023 Travel & Tourism's Total2013 -2023
Contribution to Employment % growth pa Contribution to Employment% growthpa
70 Albania 2.6 56 Greece 2.7
81 Greece 2.4 World Average 2.5
87 Croatia 2.3 78 Albania 2.3
88 Austria 2.2 86 Croatia 2.2
97 Italy 2.1 120 Italy 1.5
World Average 2.0 122 Austria 1.514
1 Hungary 1.1 136 Romania 1.114
4 Slovakia 1.1 147 Hungary 0.815
8 Romania 0.7 150 Slovakia 0.717
6 Czech Republic -0.7 179 Czech Republic -1.018
3 Bulgaria -1.9 183 Bulgaria -2.1
Travel & Tourism Investment 2013 - 2023 Visitor Exports
2013 -
2023
Contribution to Capital Investment % growth pa Contribution to Exports% growthpa
41 Romania 6.0 28 Croatia 6.1
45 Slovakia 5.9 30 Romania 6.0
47 Bulgaria 5.9 40 Albania 5.4
59 Croatia 5.4 78 Greece 4.4
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67 Albania 5.2 World Average 4.0
World Average 5.0 98 Austria 3.9
75 Hungary 4.9 100 Hungary 3.9
115 Austria 4.0 114 Slovakia 3.613
8 Czech Republic 3.3 167 Bulgaria 1.913
9 Greece 3.2 176 Czech Republic 1.415
9 Italy 2.4 177 Italy 1.1
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Summary tables:
Estimates & Forecasts
2012 2012 2013 2023
1
2
1
3
BGNmn % of total BGNmn % of total
Bulgaria Growth Growth
Direct contribution to GDP 2,975.5 3.8 3.8 3,742.1 3.0 1.9
Total contribution to GDP 10,586.1 13.6 1.9 13,072.2 10.6 1.9
Direct contribution to employment4
103 3.5 3.3 88 3.0 -1.9
Total contribution to employment4
367 12.5 1.2 299 10.1 -2.1
Visitor exports 6,407.2 12.2 5.6 8,159.5 6.7 1.9
Domestic spending 2,169.9 2.8 2.3 3,337.7 2.7 4.2
Leisure spending 6,199.2 2.7 5.1 8,655.0 2.3 2.9
Business spending 2,377.9 1.1 3.9 2,842.2 0.7 1.4
Capital investment 1,047.2 6.5 -1.1 1,828.8 5.9 5.9
12012 constant prices & exchange rates;22013 real growth adjusted for inflation (%);32013-2023 annualised real growth adjusted for inflation (%);4'000 jobs
2012 2012 2013 2023
1
2
1
3
US$bn % of total US$bn % of total
Europe Growth Growth
Direct contribution to GDP 612.9 2.9 0.8 820.7 3.0 2.9
Total contribution to GDP 1,736.1 8.2 0.6 2,287.4 8.4 2.7
Direct contribution to employment4
10,968 2.8 1.2 12,706 3.2 1.4
Total contribution to employment4
30,804 8.0 0.7 34,147 8.6 1.0
Visitor exports 513.8 5.3 1.2 717.9 4.9 3.3
Domestic spending 771.4 3.6 1.0 1,024.0 3.8 2.8
Leisure spending 998.8 2.2 0.9 1,363.5 2.3 3.0
Business spending 286.4 0.6 0.9 381.2 0.6 2.8
Capital investment 185.9 4.7 0.8 271.7 4.8 3.8
12012 constant prices & exchange rates;22013 real growth adjusted for inflation (%);32013-2023 annualised real growth adjusted for inflation (%);4'000 jobs
2012 2012 2013
1
2023
1
2 3
US$bn % of total US$bn % of total
Worldwide Growth Growth
Direct contribution to GDP 2,056.6 2.9 3.1 3,249.2 3.1 4.4
Total contribution to GDP 6,630.4 9.3 3.2 10,507.1 10.0 4.4
Direct contribution to employment
4
101,118 3.4 1.2 125,288 3.7 2.0Total contribution to employment
4
261,394 8.7 1.7 337,819 9.9 2.4
Visitor exports 1,243.0 5.4 3.1 1,934.8 4.8 4.2
Domestic spending 2,996.3 4.2 3.2 4,831.2 4.7 4.6
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Leisure spending 3,222.1 2.2 3.2 5,196.0 2.3 4.6
Business spending 1,017.4 0.7 3.1 1,572.8 0.7 4.1
Capital investment 764.7 4.7 4.2 1,341.4 4.9 5.312012 constant prices & exchange rates;22013 real growth adjusted for inflation (%);32013-2023 annualised real growth adjusted for inflation (%);4'000 jobs
% of total refers to each indicator's share of the relevant whole economy indicator such as GDP and employment. Visitor exports is shown relative to total exports of goods and services.
Domestic spending is expressed relative to whole economy GDP. For leisure and business spending, their direct contribution to Travel & Tourism GDP is calculated as a share of
whole economy GDP (the sum of these shares equals the direct contribution). Investment is relative to whole economy investment
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The economic contribution of
Travel & Tourism: Real 2012 prices
Bulgaria
(BGNmn, real 2012 prices)
2007 2008 2009 2010 2011 2012 2013E2023
F
1
. Visitor exports 7374.1 7363.3 6487.8 6268.0 6386.3 6407.2 6767.8
8159.
5
2
.
Domestic expenditure
1862.8 1775.8 1864.1 2129.2 2130.6 2169.9 2220.33337.
7
(includes government individual spending)
3
. Internal tourism consumption
9236.8 9139.1 8351.8 8397.2 8516.8 8577.0 8988.211497
.2
(= 1 + 2 )
4
. Purchases by tourism providers,
including imported goods
-6018.2 -5983.9-5392.1 -5456.7 -5547.0 -5601.6 -5899.8
-7755.
2
(supply chain)
5
. Direct contribution of
3218.6 3155.3 2959.7 2940.5 2969.8 2975.5 3088.43742.
1
Travel & Tourism to GDP
(= 3 + 4)
Other final impacts
(indirect & induced)
5239.0 5136.2 4817.3 4786.2 4834.0 4843.2 5027.06091.
0
6
. Domestic supply chain
7
. Capital investment 2200.9 2283.3 1320.8 1042.4 1035.8 1047.2 1035.51828.
8
8
. Government collective spending 348.3 370.1 352.8 351.5 340.4 345.7 346.6 465.1
9
. Imported goods from indirect spending -346.4 -401.2 -171.1 -219.5 -324.1 -345.9 -393.7-
892.3
10. Induced 1956.4 1938.2 1963.9 1838.8 1759.4 1720.3 1683.4
1837.5
11
. Total contribution of 12616.9
12481.8
11243.4
10739.9
10615.3
10586.1
10787.1
13072.2
Travel & Tourism to GDP
(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)1 Direct contribution of Travel & Tourism 124.9 120.2 115.2 109.9 103.6 102.9 106.4 87.9
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2. to
employment13.
Total contribution of Travel &Tourism 489.1 473.6 439.3 401.2 371.1 366.7 371.2 299.4
to employment
Other indicators
3767.8 3933.8 2968.2 2156.7 2111.0 2164.5 2244.4
6464.
714. Expenditure on outbound travel
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The economic contribution of
Travel & Tourism: Nominal prices
Bulgaria
(BGNmn, nominal prices)
2007 2008 2009 2010 2011 2012 2013E 2023F
1. Visitor exports 5841.2 6340.0 5866.8 5798.6 6226.5 6407.2 6961.811354.
0
2.
Domestic expenditure
1475.5 1529.0 1685.7 1969.7 2077.2 2169.9 2284.04644.
5
(includes government individual spending)
3. Internal tourism consumption
7316.7 7869.0 7552.5 7768.4 8303.7 8577.0 52.015998
.5
(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods
-4767.2 -5152.2 -4876.0-5048.1 -5408.2 -5601.6 3124.8
-10791.
4
(supply chain)
5. Direct contribution of
2549.6 2716.7 2676.5 2720.3 2895.5 2975.5 3176.95207.
1
Travel & Tourism to GDP
(= 3 + 4)
Other final impacts
(indirect & induced)
4150.0 4422.3 4356.3 4427.8 4713.1 4843.2 5171.18475.
7
6. Domestic supply chain
7. Capital investment 1743.4 1966.0 1194.4 964.3 1009.9 1047.2 1065.22544.
7
8. Government collective spending 275.9 318.7 319.0 325.1 331.9 345.7 356.5 647.2
9. Imported goods from indirect spending -274.4 -345.4 -154.7 -203.1 -316.0 -345.9 -405.0-
1241.6
10. Induced 1549.7 1668.8 1775.9 1701.1 1715.4 1720.3 1731.6
2557.0
11. Total contribution of
9994.210747.
110167.
3 9935.610349.
610586.
111096.
318190
.0
Travel & Tourism to GDP
(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Direct contribution of Travel & Tourismto
124.9 120.2 115.2 109.9 103.6 102.9 106.4 87.9
employment
13.
Total contribution of Travel &Tourism 489.1 473.6 439.3 401.2 371.1 366.7 371.2 299.4
to employment
Other indicators
2984.6 3387.1 2684.1 1995.2 2058.2 2164.5 2308.78995.
714
Expenditure on outbound travel
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.
*Concepts shown in this table align with the standard table totals as described in the 2008 Tourism Satellite Account: Recommended
Methodological Framework(TSA: RMF 2008) developed by the United Nations Statistical Division (UNSD), the Statistical Office
of the European Communities (EUROSTAT), the Organisation for Economic Co-operation and Development (OECD) and the World Tourism
Organization (UNWTO).
Historical data for concepts has been benchmarked to match reported TSA data where available.
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The economic contribution ofTravel & Tourism: Growth
Bulgaria
2
1
2007 2008 2009 2010 2011 2012 2013E 2023F
Growth (%)
1. Visitor exports 5.3 -0.1 -11.9 -3.4 1.9 0.3 5.6 1.9
2.
Domestic expenditure
-67.5 -4.7 5.0 14.2 0.1 1.8 2.3 4.2
(includes government individual spending)
3. Internal tourism consumption
-27.4 -1.0 -8.6 0.5 1.4 0.7 4.8 2.5
(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods
-25.7 -0.6 -9.9 1.2 1.7 1.0 5.3 2.8
(supply chain)
5. Direct contribution of
-30.6 -2.0 -6.2 -0.7 1.0 0.2 3.8 1.9
Travel & Tourism to GDP
(= 3 + 4)
Other final impacts
(indirect & induced)
-30.6 -2.0 -6.2 -0.6 1.0 0.2 3.8 1.9
6. Domestic supply chain
7. Capital investment -0.4 3.7 -42.2 -21.1 -0.6 1.1 -1.1 5.9
8. Government collective spending -2.0 6.2 -4.7 -0.4 -3.1 1.6 0.3 3.0
9. Imported goods from indirect spending -25.9 0.4 -12.4 1.1 4.3 1.0 4.7 3.0
10. Induced -26.5 -0.9 1.3 -6.4 -4.3 -2.2 -2.1 0.9
11. Total contribution of
-26.3 -1.1 -9.9 -4.5 -1.2 -0.3 1.9 1.9Travel & Tourism to GDP
(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Direct contribution of Travel & Tourismto
-31.7 -3.8 -4.1 -4.7 -5.7 -0.6 3.3 -1.9
employment
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13.
Total contribution of Travel &Tourism -27.9 -3.2 -7.2 -8.7 -7.5 -1.2 1.2 -2.1
to employment
Other indicators
-11.4 4.4 -24.5 -27.3 -2.1 2.5 3.7 11.214. Expenditure on outbound travel
12007-2012 real annual growth adjusted for inflation (%); 22013-2023 annualised real growth adjusted for inflation (%)
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