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2017 – a record year for Travel & Tourism in Indonesia

Written by Dmytro Makarov

2017 was a record year for Indonesian Travel & Tourism with the sector contributing IDR787,100 billion to the nation’s economy, more than any other year on record, according to major new research released today by the World Travel & Tourism Council (WTTC).

Overall, the Indonesian Travel & Tourism economy grew by 6.4% – faster than the 5.1% recorded for the wider economy.

Other highlights of the report released today show:

Travel & Tourism supported 12.2 million jobs in 2017 (10% of total Indonesian employment) – the 4th highest of any country in the world
By 2028 almost 17 million jobs in Indonesia are forecast to be dependent on Travel & Tourism
Travel & Tourism is forecast to grow by 6.4% on average every year for the next decade – the 7th highest in the world

Gloria Guevara, President & CEO, WTTC, said “Travel & Tourism creates jobs, drives economic growth and helps build better societies. This is particularly the case in Indonesia, which is growing faster than almost every other country in the world. Much of this growth can be attributed to the positive decision by the Government to remove travel visas for citizens of 169 countries which has made Indonesia one of the most open countries in the world.”

“Globally, 2017 was one of the strongest years of GDP growth in a decade. Our sector now supports one in ten jobs on the planet and contributes 10% of global GDP. Over the past ten years, one in five of all jobs created across the world has been in the sector and, with the right support from Governments, nearly 100 million new jobs could be created over the decade ahead.”

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About the author

Dmytro Makarov

Dmytro Makarov is originally from Ukraine, living in the United States for almost 10 years as a former attorney.