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  • Africa Recovery Scenarios 2020 and Economic Impact From COVID 19 PDF

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    Evah Boemo Mosetlhane
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    Travel and tourism in Africa saw significant job losses and declines in GDP in 2020 due to COVID-19. In the best case scenario, there would be 7.6 million job losses (31% decline) and $53 billion GDP loss (31% decline). In the baseline scenario, there would be 10.9 million job losses (44% decline) and $75 billion GDP loss (45% decline). In the worst case scenario, there would be 17.4 million job losses (71% decline) and $120 billion GDP loss (71% decline). The document outlines a 5-point plan by the WTTC to help the industry recover, including removing travel restrictions and implementing health and safety protocols.

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    Travel and tourism in Africa saw significant job losses and declines in GDP in 2020 due to COVID-19. In the best case scenario, there would be 7.6 million job losses (31% decline) and $53 billion GDP loss (31% decline). In the baseline scenario, there would be 10.9 million job losses (44% decline) and $75 billion GDP loss (45% decline). In the worst case scenario, there would be 17.4 million job losses (71% decline) and $120 billion GDP loss (71% decline). The document outlines a 5-point plan by the WTTC to help the industry recover, including removing travel restrictions and implementing health and safety protocols.

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    © All Rights Reserved
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    41 views1 page

    Africa Recovery Scenarios 2020 and Economic Impact From COVID 19 PDF

    Uploaded by

    Evah Boemo Mosetlhane
    Travel and tourism in Africa saw significant job losses and declines in GDP in 2020 due to COVID-19. In the best case scenario, there would be 7.6 million job losses (31% decline) and $53 billion GDP loss (31% decline). In the baseline scenario, there would be 10.9 million job losses (44% decline) and $75 billion GDP loss (45% decline). In the worst case scenario, there would be 17.4 million job losses (71% decline) and $120 billion GDP loss (71% decline). The document outlines a 5-point plan by the WTTC to help the industry recover, including removing travel restrictions and implementing health and safety protocols.

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    © All Rights Reserved
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    of 1

    TRAVEL & TOURISM

    RECOVERY SCENARIOS 2020 & ECONOMIC IMPACT FROM COVID-19


    AFRICA DATA

    BEST CASE SCENARIO Worst-case scenario can be avoided if


    countries follow WTTC´s five-point
    Travel & Tourism jobs 2019: Travel & Tourism jobs: Travel & Tourism GDP: Visitor Arrivals: plan for recovery:

    24.6 MILLION 7.6 $53


    MILLION BILLION 1. Immediate removal and replacement of any
    job losses loss  36% international quarantine measures, with ‘air corridors’ to
    countries with similar circumstances, as well as
     31% vs 2019  31% vs 2019  22% domestic the removal of travel advisories and bans on
    non- essential international travel, which pre-
    BASELINE SCENARIO
    vent insurance protection cover for travellers.
    Travel & Tourism GDP 2019: Travel & Tourism jobs: Travel & Tourism GDP: Visitor Arrivals: 2. Adoption of global health and safety proto-
    cols to provide assurance to travellers that it is
    10.9 MILLION
    $75 BILLION

    $168 BILLION job losses

     44% vs 2019
    loss

     45% vs 2019
     50% international
     35% domestic
    safe to travel again.

    3. Implementation of a rapid test and trace


    strategy to help contain the spread of the virus.
    2.2% GROWTH WORST CASE SCENARIO
    4. Greater collaboration between the public &
    Travel & Tourism jobs: Travel & Tourism GDP: Visitor Arrivals: private sectors to ensure a standardised, global
    approach to the crisis.
    17.4 MILLION
    job losses $120 BILLION
    loss  71% international
    5. Continued government support for the
     71% vs 2019  71% vs 2019  66% domestic sector in terms of fiscal and liquidity incentives
    Source: WTTC and Oxford Economics. All values are in constant 2019 prices & exchange rates. All data as of June 2020 as well as measures to protect workers.

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