In 2020, Egypt's tourism balance as a share of GDP was 0.6 percent, compared to 3.3 percent in 2019. Over the observed period, the tourism balance as a percentage of GDP was highest in 2008, while it was negative in 2016, entailing more spending occurring by Egyptian tourists abroad compared to inbound tourism.
Tourism balance as share of the GDP in Egypt from 2008 to 2020
According to the source, "tourism balance over GDP" reflects the economic importance of net tourism (inbound minus outbound) expenditures relative to the economy of Egypt. A significant surplus or deficit affects the country's balance of trade, and thus its GDP.
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World Tourism Organization (UN Tourism). (October 14, 2022). Tourism balance as share of the GDP in Egypt from 2008 to 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1008953/egypt-tourism-balance-share-gdp/
World Tourism Organization (UN Tourism). "Tourism balance as share of the GDP in Egypt from 2008 to 2020." Chart. October 14, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1008953/egypt-tourism-balance-share-gdp/
World Tourism Organization (UN Tourism). (2022). Tourism balance as share of the GDP in Egypt from 2008 to 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1008953/egypt-tourism-balance-share-gdp/
World Tourism Organization (UN Tourism). "Tourism Balance as Share of The Gdp in Egypt from 2008 to 2020." Statista, Statista Inc., 14 Oct 2022, https://www.statista.com/statistics/1008953/egypt-tourism-balance-share-gdp/
World Tourism Organization (UN Tourism), Tourism balance as share of the GDP in Egypt from 2008 to 2020 Statista, https://www.statista.com/statistics/1008953/egypt-tourism-balance-share-gdp/ (last visited November 21, 2024)
Tourism balance as share of the GDP in Egypt from 2008 to 2020 [Graph], World Tourism Organization (UN Tourism), October 14, 2022. [Online]. Available: https://www.statista.com/statistics/1008953/egypt-tourism-balance-share-gdp/
