Page 228 - MOET ENGLISH PR REPORT - JUNE 2025
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7/1/25, 3:26 PM Mohammed bin Rashid: UAE among top 7 global destinations for international tourist spending
From a fiscal perspective, the tourism and travel sector generated USD 8.6 billion in
tax revenues in 2023, representing 5.4 per cent of total government revenues. This
underscores the sector's increasing financial significance and its vital contribution to
the country's public treasury.
On the global level, the report stated that the travel and tourism sector contributed
US$10.9 trillion to the global GDP in 2024, representing 10 per cent of the world
economy. This reflects an 8.5% increase compared to 2023 and a 6 per cent rise
compared 2019.
Looking ahead, the sector's contribution is projected to reach USD 11.7 trillion in
2025, which would mark a 6.7 per cent increase over 2024 and a 13 per cent growth
over 2019, underscoring the sustained recovery and expansion of global tourism.
The report also highlighted the sector's robust role in job creation, with 356.6 million
jobs generated worldwide in 2024, accounting for 10.6% of total global employment.
This represents a 6.2% increase from 2023 and a 5.6 per cent increase from 2019.
(ANI/WAM)
https://www.aninews.in/news/world/middle-east/mohammed-bin-rashid-uae-among-top-7-global-destinations-for-international-tourist-spending2025062… 5/5
