The world’s fastest growing countries in travel


The locus of travel has rapidly moved eastward, and 2013 and beyond continues that inexorable journey. Both consumer and business travel trends are now being defined and tested out in regions other than U.S. and Europe. User experience and its intersection with design is the lens that travel will increasingly be defined by, and regions like Middle East, Asia and West Africa are at the forefront of those trends. We talked about this at length in our report earlier this year: “13 Global Trends That Will Define Travel in 2013.”

And now data from World Travel and Tourism Council (WTTC) backs that up. In its annual “Economic Impact Research,” it has come up with data on the world’s fastest growing countries in travel and tourism, calibrating against GDP contribution, employment growth, business and leisure travel growth, investment and other metrics.

Some of the countries on the list will surprise you at first glance, but on deeper dive, make sense:

The boom in the top few countries on the list — especially Qatar and Azerbaijan — is driven by oil/natural gas and construction. It’s understandable that travel is growing.

Qatar is also being driven by its new geopolitical prominence, based on the back of its worldwide sovereign wealth spending spree.

The mining boom – or speculators hoping for it – in central Asian countries like Mongolia and Kyrgyzstan are driving the travel economies there.

Peel back the layers on many of these countries, and a big reason for the growth in travel would point to one reason: China. The Asian giant has been buying its way into the emerging countries in Asia and Africa, especially in infrastructure development. That would explain the rise in travel industry as a result.

Some countries like Thailand, Oman, and Cape Verde are experiencing genuine tourism-driven growth, with less geopolitical implications than others on the list.

A big caveat here: With few exceptions all of these countries are growing this fast from a very small base where the travel and tourism industry is in its infancy. The absolute numbers may not be huge currently, but long term projections until 2023 even out some of these biases, and that’s why you see countries like China and India appear in this.

Fastest growing: Direct contribution of Travel & Tourism to GDP in 2012 (left) and forecast from 2013 – 2023 (right)

Countries2012 Growth (%)Countries2013 – 2023 Growth (%)
Qatar28.3Namibia9.7
Azerbaijan24.8China8.7
Kyrgyzstan24Montenegro8.1
Tunisia14.2India7.8
Montenegro13.9Gabon7.8
Uzbekistan13.7Angola7.4
Kazakhstan11.5Zambia7.3
Belarus11.5Cambodia7
Chile11.1Mongolia6.9
Jordan11Philippines6.9
Fastest growing: Direct contribution of Travel & Tourism to employment in 2012 (left) and forecast from 2013 – 2023 (right)

Countries2012 Growth (%)Countries2013 – 2023 Growth (%)
Kyrgyzstan24.8Gabon8.4
Azerbaijan24Namibia7.6
Qatar19.9Tonga7
Montenegro15.9Montenegro5.3
Aruba15.6Cape Verde4.6
Tunisia14.3Thailand4.5
Sudan and South Sudan12.8Cyprus4.5
Thailand12.5Sierra Leone4.5
Fiji12.3Iran4.4
Singapore12.3Canada4.4
Fastest growing: Domestic spending on Travel & Tourism in 2012 (left) and forecast from 2013 – 2023 (right)

Countries2012 Growth (%)Countries2013 – 2023 Growth (%)
Qatar12Mongolia9.4
Lesotho11.6Sao Tome and Principe9.3
Zambia11Angola8.9
Congo10.9China8.8
Gabon10.4Azerbaijan8.7
Mozambique10.3India8.3
Botswana10.3Zambia7.9
Oman10.1Gabon7.9
Kazakhstan10.1Kyrgyzstan7.8
Chile9.6Rwanda7.7
Fastest growing: Visitor exports in 2012 (left) and forecast from 2013 – 2023 (right)

Countries2012 Growth (%)Countries2013 – 2023 Growth (%)
Azerbaijan56.4Brazil13.4
Belarus39.7Venezuela9.1
Qatar36.7Philippines8.7
Kyrgyzstan34.5Nambia8.4
Uzbekistan32.5Thailand8
Japan31.6Peru8
Myanmar27.8Indonesia7.8
Venezuela23.5Argentina7.8
Tunisia22.9Nicaragua7.6
South Korea21.4Lithuania7.6
Fastest growing: Spending on business travel in 2012 (left) and forecast from 2013 – 2023 (right)

Countries2012 Growth (%)Countries2013 – 2023 Growth (%)
Azerbaijan34.6Gabon12.7
Qatar27.5Serbia11.3
Cape Verde26Mongolia9.2
Singapore24.4Malaysia8.8
Philippines23.7Latvia8.3
South Korea19.1Cambodia8
Thailand17.6Nicaragua7.9
Kyrgyzstan15.9Brunei7.8
Romania15.7Lebanon7.7
Armenia13.4Zambia7.6
Fastest growing: Spending on leisure travel in 2012 (left) and forecast from 2013 – 2023 (right)

Countries2012 Growth (%)Countries2013 – 2023 Growth (%)
Qatar29.9Angola9.7
Kyrgyzstan26.9China9.1
Vanuatu21.6India7.9
Azerbaijan21.3Namibia7.8
Belarus18Thailand7.2
Tunisia16.4Philippines6.9
Uzbekistan16.3Vietnam6.8
Kazakhstan11.6Montenegro6.7
Jordan10.7Cape Verde6.7
Chile10.7Mongolia6.6
Fastest growing: Capital investment in Travel and Tourism in 2012 (left) and forecast from 2013 – 2023 (right)

Countries2012 Growth (%)Countries2013 – 2023 Growth (%)
Botswana21.9Montenegro10
Armenia21.7China9.2
Thailand19.6Zambia9
Ivory Coast19.2Thailand8.1
Malaysia18.4Gambia8
Cambodia18.2Cape Verde7.9
Qatar16.9Macau7.8
Malawi15.5Pakistan7.8
Hong Kong15.1Brazil7.8
Congo13.9Iraq7.6

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