$58.2 Billion is the Output of the UAE Tourism Sector in 2019

  • Abu Dhabi, UAE
  • 13 July 2020
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The Arab Monetary Fund revealed that the output of the tourism sector in the UAE reached 58.2 billion dollars (213.59 billion dirhams) in 2019, while the output of the tourism sector at the level of Arab countries rose last year to reach 313.6 billion dollars in 2019 compared to 281.5 billion dollars in the year 2018, registering an increase of 2.2 percent over 2018.

According to the report of the fifteenth issue of a series of policy briefs on "The implications of the emerging Coronavirus crisis on the tourism sector in the Arab countries and the policies to support recovery", issued by the Arab Monetary Fund, the sector's tourism output recorded its highest level in Saudi Arabia, reaching $79.5 billion in the year 2019, followed by the UAE and Egypt, with sector output of $58.2 billion and $48.3 billion in 2019, respectively.

Saudi Arabia, the United Arab Emirates and Egypt acquired the highest share of the total output of the tourism sector in the Arab countries, as the share of the three countries combined amounted to about 59% of the total output of the sector at the level of the Arab countries, equivalent to about $186 billion in 2019.

Source (Al-Khaleej Newspaper-UAE, Edited)

 

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