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Tourism's Contribution to the Nepalese Economy

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Tourism alone brings in $7.5 million into the already fragile Nepalese economy. A sole driver for the hotels, restaurants and outdoor agencies sustenance, it produces 500,000 jobs in a year.

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Tourism's Contribution to the Nepalese Economy

  1. 1. TOUR| SM'S CONTRIBUTION TO THE NEPALESE ECONOMY5 POPULATION GDP 26.4 MILLION ti ,8OO BILLION EXCHANGE TOUR| SM'S % ON GDP $1 = €*lOO.8 €‘75.c’> BILLION GDP Growth 8. Tourism Overview, 2009-2014 6 6.0 5 5.0 4 4.0 E 3 3.0 5, as 2 2.0 I I .0 2009 2010 2011 2012 2013 2014 DIRECT CONTRIBUTION or TouRIsM TO GDP gm Gop REAL GDP REACHED 5.596 IN 2014 DUE TO A REBOUND IN AGRICULTURE 8: INCREASED DOMESTIC DEMAND. Accoitoiivc TO THE WORLD TRAVEL AND Touitisrvl COUNCIL (wTTC), THE TOTAL DIRECT coNTRIouTioN or TOURISM To Net-AL’s GDP WAS NR5. 75.6 BILLION, CONTRIBUTING 4.2% or THE WHOLE ECONOMY GDP IN 2014. Inbound Arrivals by Purpose of Visit I Holiday/ Pleasure I Adventure Travel I Pilgrimage I Not Specified I Others I Officials - BLISMPQS THE TOURIST ARRIVAL FOR HOLIDAY/ PLEASURE REMAINED TE HIGHEST IN THE YEAR 2014, FOLLOWED BY ADVENTURE TOURISTS. THE MINISTRY OF CULTURE 8: TOURISM HAS SUGGETSTED THAT PILGRIMAGE TOURISM WOULD NEED TIME TO RECOVER AND CAN RESUME ONLY WHEN REPAIRS AND RESTORATIONS ARE COMPLETED. How soon Con Nepol Recover? THE PROCESS OF REBUILDING NEPAUS INFRASTRUCTURE IS CHALLENGING. YET, APART FROM THE DAMAGE TO BASIC INFRASTRUCTURES SUCH AS ROADS AND POWER, POPULAR ADVENTURE DESTINATIONS AND HOTELS HAVE REMAINED RELATIVELY UNDAMAGED. THE RATE OF RECOVERY OF TOURISM NOW DEPENDS UPON THE SPEED WITH WHICH THE GOVERNMENT IS ABLE TO RESTORE BASIC INFRASTRUCTURE AND CONNECTIVITY. ARRIVALS IN ‘000s Best Case Scenario 840 EUROMON ITOR INTERNATIONAL ESTIMATES THAT TOURISTS VISITING NEPAL FOR HOLIDAY/ PLEASURE. THAT MAKE UP 50“ DP ALL TOU RISTS, WILL START VISITING THE COUNTRY IV THE END OF JULY. HIGH MOST HO‘l'ELS AND RORTS REMAINED UNAPPECTED IV THE EARTHQUAKE AND HENCE TOURIST ARRIVALS ARE EXPECTED TO PICK UP. AUUST MAY SEE PILGRIMS FROM INDIA AND CHINA START VISITING AS THE GOVERNMENT OF NEPAL IS PLANNING TO CARRY OUT LARGE SCALE MEDIA CAMPAIGNS IN INDIA AND CHINA. TOURIST CIRCUITS WHICH HAVE SUFFERED MINIMALLY ARE EXPECTED TO START OPERATING DY SEPTEMIER AND TRIRRING IS EXPECTED TO RESUME IN THE UNAFFECTED AREAS. BY me can or me min, TOURIST ARRIVALS ARI PECTED ‘I'D REACH A cues: 1'0 1096 or ARRIVAL nouns: wmmseo II 2014. 2014 2015 ESTIMATED IN ESSENCE, 2015 WILL BE A YEAR OF RECOVERY WITH THE OVERALL RECOVERY OF TOURISM IN NEPAL EXPECTED TO REQUIRE A YEAR’s TIME. BY END OF 2016, TOURISM IN NEPAL IS EXPECTED TO REACH To NORMAL LEVELS. @C« II, ltoital Vision Inks I‘. Exliotltfll SOURCE HTTP: //51.06.EUI|0MON| ’I’0l. COM/2015/O7/NEPALS-TOURISM-SHAKEN—lV-NATURAl—(AlAMrl'V. HTML

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