The direct contribution of travel and tourism to London's gross domestic product (GDP) was significantly lower in the first two years of the coronavirus (COVID-19) pandemic compared to 2019. Due to the impact of the health crisis, these industries' direct contribution to GDP in the UK's capital amounted to 3.6 billion British pounds in 2021, dropping by nearly 74 percent from 2019. As forecast, this figure is expected to rebound to an estimated 10.9 billion British pounds in 2022, denoting a sharp annual increase but remaining below pre-pandemic levels.
Direct contribution of travel and tourism to GDP in London, United Kingdom from 2019 to 2021, with a forecast to 2022
(in billion GBP)
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WTTC. (May 9, 2023). Direct contribution of travel and tourism to GDP in London, United Kingdom from 2019 to 2021, with a forecast to 2022 (in billion GBP) [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/1403180/travel-tourism-direct-contribution-gdp-london-uk/
WTTC. "Direct contribution of travel and tourism to GDP in London, United Kingdom from 2019 to 2021, with a forecast to 2022 (in billion GBP)." Chart. May 9, 2023. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/1403180/travel-tourism-direct-contribution-gdp-london-uk/
WTTC. (2023). Direct contribution of travel and tourism to GDP in London, United Kingdom from 2019 to 2021, with a forecast to 2022 (in billion GBP). Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/1403180/travel-tourism-direct-contribution-gdp-london-uk/
WTTC. "Direct Contribution of Travel and Tourism to Gdp in London, United Kingdom from 2019 to 2021, with a Forecast to 2022 (in Billion Gbp)." Statista, Statista Inc., 9 May 2023, https://www.statista.com/statistics/1403180/travel-tourism-direct-contribution-gdp-london-uk/
WTTC, Direct contribution of travel and tourism to GDP in London, United Kingdom from 2019 to 2021, with a forecast to 2022 (in billion GBP) Statista, https://www.statista.com/statistics/1403180/travel-tourism-direct-contribution-gdp-london-uk/ (last visited November 08, 2024)
Direct contribution of travel and tourism to GDP in London, United Kingdom from 2019 to 2021, with a forecast to 2022 (in billion GBP) [Graph], WTTC, May 9, 2023. [Online]. Available: https://www.statista.com/statistics/1403180/travel-tourism-direct-contribution-gdp-london-uk/
