The economic contribution of travel and tourism in Thailand

Share of tourism to GDP value Thailand 2017-2022  Statista

The economic contribution of travel and tourism in Thailand

Share of tourism contribution to the Gross Domestic Product (GDP) value in Thailand from 2017 to 2022

Introduction

The following report presents the share of tourism contribution to the Gross Domestic Product (GDP) value in Thailand from 2017 to 2022. The data highlights the significance of the tourism industry in Thailand’s economy and its alignment with the Sustainable Development Goals (SDGs).

Data Analysis

The data analysis reveals the following trends:

  1. In 2017, the tourism industry contributed X% to Thailand’s GDP.
  2. In 2018, the share of tourism contribution increased to Y%.
  3. By 2019, the tourism industry accounted for Z% of Thailand’s GDP.
  4. In 2020, despite the challenges posed by the COVID-19 pandemic, the share of tourism contribution decreased to A%.
  5. However, in 2021, there was a recovery with the tourism industry contributing B% to Thailand’s GDP.
  6. Looking ahead, it is projected that by 2022, the share of tourism contribution will reach C%.

Sustainable Development Goals (SDGs)

The tourism industry in Thailand plays a crucial role in achieving the Sustainable Development Goals (SDGs). The following SDGs are particularly relevant:

  • SDG 8: Decent Work and Economic Growth – The tourism industry generates employment opportunities and contributes to economic growth in Thailand.
  • SDG 9: Industry, Innovation, and Infrastructure – The development of tourism infrastructure and innovation in the sector supports sustainable economic growth.
  • SDG 12: Responsible Consumption and Production – The tourism industry in Thailand promotes responsible consumption and production practices, contributing to sustainable development.
  • SDG 14: Life Below Water – The preservation of Thailand’s marine ecosystems is crucial for the tourism industry, as it attracts visitors to its pristine beaches and underwater biodiversity.
  • SDG 17: Partnerships for the Goals – Collaboration between the government, private sector, and civil society is essential for the sustainable development of the tourism industry in Thailand.

Conclusion

The share of tourism contribution to Thailand’s GDP has shown both growth and decline in recent years. However, the industry remains a significant driver of economic development and is aligned with several Sustainable Development Goals. It is crucial for Thailand to continue investing in sustainable tourism practices and fostering partnerships to ensure the long-term success and positive impact of the tourism industry.

SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 8: Decent Work and Economic Growth Target 8.9: By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products Indicator not mentioned in the article
SDG 12: Responsible Consumption and Production Target 12.8: By 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature Indicator not mentioned in the article
SDG 14: Life Below Water Target 14.7: By 2030, increase the economic benefits to Small Island Developing States (SIDS) and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture, and tourism Indicator not mentioned in the article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 8: Decent Work and Economic Growth
  • SDG 12: Responsible Consumption and Production
  • SDG 14: Life Below Water

2. What specific targets under those SDGs can be identified based on the article’s content?

  • Target 8.9: By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products
  • Target 12.8: By 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature
  • Target 14.7: By 2030, increase the economic benefits to Small Island Developing States (SIDS) and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture, and tourism

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

No, the article does not mention or imply any specific indicators that can be used to measure progress towards the identified targets.

Source: statista.com