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The economy of Aruba is an open system, with tourism currently providing the largest percentage of the country's income. Because of tourism's rapid growth in the last 80 years, related industries like construction have also flourished in Aruba. Other primary industries include oil refining and storage, as well as offshore banking.
This puts the region twelfth in the world in terms of tourism's absolute contribution to GDP, but first as a proportion of GDP. In terms of employment, 11.3% of the region's jobs depend on tourism either directly or indirectly. [1] It is often described as "the most tourism-dependent region in the world". [13] [14] [15]
This is a list of estimates of the real gross domestic product growth rate (not rebased GDP) in Latin American and the Caribbean nations for the latest years recorded in the CIA World Factbook. Nations are not included if their latest growth estimate was for a year prior to 2014. The list contains some non-sovereign territories.
Tourism is St Lucia's main source of jobs and income, accounting for 65% of GDP, and the island's main source of foreign exchange earnings. [23] The northern end of St Lucia is tourism's most urbanized area, with a fair number of hotels and resorts located along beaches, or with seaside views.
This is a list of countries by industrial production growth rate mostly based on The World Factbook, [1] as of September 2024. A colour-coded map showing countries or territories by industrial production growth rate in 2017 in percentages, based on data from The World Factbook. Countries or territories without data or with data from earlier ...
According to a report published by World Travel and Tourism Council in 2015, the size of its tourism industry was estimated as having the potential to create jobs for 1,285,500 and rise by 4.1% pa to 1,913,000 jobs in 2025. Based on the report in the year of 2014, travel and tourism directly supported 413,000 jobs (1.8% of total employment).
São Paulo is the most visited city in Brazil, being the number one city for those looking for business, events, gastronomy, cultural tourism and a vibrant nightlife. Sancho Bay, Fernando de Noronha, elected the most beautiful beach in the world by TripAdvisor. [1] Tourism is a growing sector and key to the economy of several regions of Brazil.
In 2019, there were 69.9 million international tourist arrivals to Africa (excluding Egypt and Libya), an increase of 2.4% from 2018. [5] According to the World Economic forum's Travel & Tourism Development report in 2024, Morocco is the country most dependent on travel and tourism among all countries in MENA region. [6]