news
innovation
Smartly dressed
in 100 procent Swedish paper.
Record year
High season
for meetings in Berlin begins.
The winner
New exhibition hall
for the Prague Congress Center.
hotel news
Scandic Hotels
continues to expand in Copenhagen.
business deal
Norwegian Scan X Group
has bought Swedish Scandinavian Incentives.
on a new post
Karin Mäntymäki from Visit Stockholm
named new chairperson of Swedish Network of Convention Bureaus.
New hotel - new meetings
Stockholm’s newest hotel, Downtown Camper,
invokes the spirit of adventure and sustainable living.
business Intelligence
Ex Director General of the UK Security Service
announced as a keynote speaker at ibtm world 2017.

Global Congress Executives
to Meet in Busan for 2017 ICCA Asia-Pacific Business Workshop.
Business Intelligence
Coex
Prepares for UIA Seoul World Architects Congress 2017.
RSS
rss_icon
Links
Near zero projected growth in global GDP for 2009

$1.2 trillion in fdi inflows is projected for 2009, a 29% reducation from 2008. Modest 17% growth is projected for 2010, which should accelerate to 29 % growth in 2011 according to Country Brand Index 2009/Executive summery.

 

247 million international tourist arrivals from January through April of 2009. This figure is an 8.2 % decline compared with the same period in 2008.

 

$ 3.0 trillion estimated  expenditures for total world personal travel and tourism in 2009, with business travel accounting for an additional $745 billion, These figures represent annual decline of 6.3% and 11.6%, respectively.

 

• 3.4 % Growth in global GDP was reported, a slowdown from the 4% average growth in global economic output experienced from 2000 to 2007.

 

• 14 % decline in global FDI inflows, from a high of $2.0 trillion in 2007 to $1.7 trillion in 2008, when developing and transition economies increased their share of FDI by 43%, primarily at the expense of developed nations.

 

• $ 5.5 trillion in economic activity is forecast for the Travel & Tourism industry, equivalent to 9.4% of the global GDP, and more than 219,810,000 jobs, or 7.6% of total employment.

 

• 3.3 % decline is estimated for the Travel & Tourism Economy in 2009. After four years of growth averaging 3.6% per annum, GDP growth for the industry slowed to just 1.0% in 2008. A third difficult year is now forecast for 2010, with the Travel & Tourism economy expected to expand by only 0.3%.4

 

• 924 milion international tourist arrivals for 2008. A total 2% growth compared to 2007 resulted from a 5% increase during the first half of the year and a 1% decline in the second half of the year, compared to the same periods in 2007.

 

• 4% Growth in real GDP is projected on an average annual basis for the global Travel & Tourism Economy over the next 10 years. Following an expected 3.5% decline in 2009, the industry expansion will add 56 million new Travel

& Tourism jobs worldwide during the next decade.