Nepal Tourism Industry 2018: USD 2.1 Bn Revenue, 1 Mn Jobs

Kathmandu,May 31 : According to the World Travel and Tourism Council’s annual research report, Nepal’s tourism sector generated revenue of NPR 240.7 billion and supported over 1.05 million jobs directly and indirectly in 2018.

The organization said that the country’s travel and tourism contributed to 7.9 percent of its GDP last year, up from 3.6 percent. The total contribution of Nepal’s travel and tourism sector to its GDP was NPR 195 billion.

These statistics shed light on the amount of economic activity generated by industries such as airlines, travel agencies, other transportation services hotels, leisure industries and restaurants.

Overall, Nepal’s travel and tourism sector grew at 3.9 percent, contributing a record USD 8.8 trillion and 319 million jobs to the world economy in 2018. This growth percentage is noteworthy as it is higher than the world gross domestic product growth rate, for the eight years in the row.

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