A report issued by the United Nations Conference on Trade and Development (UNCTAD) expected that the losses of the world's tourism sector will reach at least $ 1.2 trillion, or 1.5% of the gross domestic product. Worldwide this year, with the sector stalling for nearly four months due to the Corona pandemic.
According to Arabia Net, the report showed that losses could reach $ 2.2 trillion this year, representing 2.8% of the world’s GDP, if the border closures of countries are extended to tourists. For 8 months, a scenario that matches the expectations of the United Nations World Tourism Organization.
According to the worst pessimistic scenarios, the tourism sector will ridicule $ 3.3 trillion, equivalent to 4.2% of GDP, losses that could occur if tourism stopped over the course of 12 years. Months.
Tourism is the backbone of many countries in the world, and it is the lifeline of millions of people around the world. The value of the sector in 10 years increased nearly 3 times from $ 490 billion to $ 1.6 trillion, according to the World Tourism Organization.