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WTTC Research Reveals Travel & Tourism Sector’s Contribution to France’s GDP Dropped by €103 Billion in 2020

April 15, 2021


The World Travel & Tourism Council’s annual Economic Impact Report (EIR) today reveals the dramatic impact COVID-19 had on France’s Travel & Tourism sector, wiping out €103 billion from the nation’s economy.

The annual EIR from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, shows the sector’s contribution to GDP dropped a staggering 48.8%.

Following three consecutive years in which the Travel & Tourism sector’s growth outpaced that of the overall economy, its impact on the nation’s GDP fell from €211 billion (8.5%) in 2019, to €108 billion (4.7%), just 12 months later, in 2020.

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