Policy

The importance of Tourism to the UK

Tourism has been of the UK's great success stories over the last 5 years. While the UK economy as a whole has languished since the start of the global financial crisis in 2008, the UK tourism industry has continued to grow strongly.

Revenue from inbound tourism has increased by almost 30% since 2008 - meaning that the tourism industry is now the UK's fifth largest export earner, generating £24billion per annum for the UK economy. Domestic tourism has also grown significantly, with revenue increasing by 11% to £78billion over the last three years alone. This compares favourably with manufacturing, which grew by only 0.3%, and the service sector as a whole, which achieved growth of 6% over the same period.

Tourism is worth £126.9billion to the UK economy, 9% of the UK's GDP.

The UK is 8th largest international destination in the world, ranked by visitor numbers.

It is the 7th largest destination in the world ranked by visitor expenditure.

The UK tourism industry employs 3.1million people (2013).

The sector is the UK's 3rd largest employer, accounting for 9.6% of total employment.

Tourism is the fastest growing sector in the UK in employment terms, responsible for almost one third of the net increase in UK jobs between 2010 and 2013.

<< Back