London, UK – New information from the World Journey & Tourism Council (WTTC) has revealed South Africa’s Journey & Tourism sector is projected to achieve a significant milestone this yr, set to help extra jobs than ever earlier than, however wider information factors to a sector nonetheless in restoration mode.
In line with WTTC’s newest Financial Impression Analysis (EIR), in 2025 Journey & Tourism is forecast to help 1.9 million jobs, surpassing 2019 ranges and marking an all-time excessive, underlining its position as a key employer and main supply of alternative, with the sector accounting for 11.3% of all jobs in South Africa.
Home customer spending continues to point out stronger resilience, with 2025 whole forecast at ZAR 445 billion, 3.8% above 2019 ranges.
However whereas employment is about to achieve an all-time excessive and home spending continues to develop, Journey &Tourism’s contribution to GDP and worldwide customer spend, continues to lag.
Journey & Tourism’s whole contribution to the financial system is projected to achieve ZAR 659.8BN, equal to eight.9% of nationwide GDP, however nonetheless 3.4% shy of the 2019 peak.
Worldwide customer spending, whereas set to develop steadily, is predicted to stay beneath pre pandemic ranges at ZAR 128.4BN, trailing 2019 by ZAR 37.7BN
South Africa’s Journey & Tourism sector is slowly turning the nook. Jobs are main the restoration, with employment anticipated to achieve new highs, exhibiting the large human influence of the sector’s progress. As South Africa takes on the G20 Presidency in 2025, it has a novel alternative to put Journey & Tourism on the coronary heart of its agenda. WTTC is delighted to be working with Minister Patricia de Lille, a really dynamic Minister, in contributing to the G20 course of, together with an Funding Summit in September. Julia Simpson, WTTC President & CEO
Drawing from 2024
In 2024, WTTC South Africa’s Journey & Tourism contributed ZAR 618.7BN to the nation’s financial system – 9.4% beneath 2019, while the sector employed 1.8MN individuals.
Worldwide customer spending reached ZAR 116.5BN, while home spending hit ZAR430BN.
A Decade of Alternative
WTTC believes that with the proper nationwide priorities, strengthened public-private collaboration underneath the highly effective management of Minister Patricia de Lille, South Africa can unlock a brand new period of unprecedented progress.
The worldwide tourism physique forecasts robust momentum by 2035, with Journey & Tourism including a further 620,000 new jobs, reaching a complete of two.6MN – 13.8% of the nation’s workforce.
The sector’s financial contribution may develop to ZAR 911.7BN, representing a ten.3% share of GDP.
For extra info and to entry the complete factsheet, together with WTTC’s newest Environmental Social Analysis (ESR), please go to WTTC’s Analysis Hub.
About WTTC
The World Journey & Tourism Council (WTTC) represents the worldwide journey & tourism personal sector. Members embody 200 CEOs, Chairs and Presidents of the world’s main journey & tourism firms from all geographies masking all industries. For greater than 30 years, WTTC has been dedicated to elevating the attention of governments and the general public of the financial and social significance of the journey & tourism sector.
