The Significance Of Tourism On The Economy Of A Country



When you hear the word tourism, what comes into your mind? Do you just think about traveling to different places, seeing beautiful sights, tasting local cuisine, and enjoying a new culture? However, tourism is not just about all of those – it also covers a whole lot of other areas. In addition to that, you should be aware that tourism also contributes largely to the success of a specific country, state or even just a specific town. In order to find out more about it, please read on and keep yourself informed.

What is tourism?
So first of all, what exactly is tourism? By definition, tourism is essentially travelling for leisure, recreation, family, business or religious purposes, typically just for a limited amount of time. Tourism is normally linked with traveling internationally, but it could also refer to travelling to another state, city or town within the same country. In fact, the World Tourism Organization describes tourists as individuals who travel to, and stay in places outside of their normal environment. They normally do this on not more than one succeeding year for business, leisure or for some other purposes.

In addition to that, tourism has risen and is now one of the most popular global activities for leisure. Tourism can also be either international or local. In fact, tourism on the international level has both outgoing and incoming implications on the balance of payments for a particular country. As of today, tourism is one of the foremost sources of income for many different countries. It can also influence the economy of both the host and source countries, and it can be of vital importance.

Tourism-Close-to-Home_Price-Transparency-is-KeyImportance And Significance Of Tourism
So now that you know what tourism is, did you know that it is equally as vital to the economy of a country too? Tourism is even very important on a smaller scale – say the economy of a particular city. So why is that so? Tourism is an important and very significant source of income for many people, cities and countries. In fact, its importance has been recognized in the Declaration on World Tourism of 1980. There, it stated that tourism is an activity that is essential to the life of different nations. This is because it has direct effects on the cultural, social, economic, and educational sectors of different national societies. It also has a very vital impact to the international relations of a particular country to other nations.

Tourism, if utilized properly, can be a very strong tool to boost the economy of a country hugely. For example, if the tourism in your country is strong and well-advertised, you can attract more people to visit your country. Once various individuals take an interest in your country and visit you, they would naturally want to explore different cities, taste the local cuisine, buy souvenirs, and etc. Basically, the tourists that you have attracted will not be able to help themselves from spending. When this happens, not only is the overall GDP of your country developed and boosted, but it can also help a lot of local businesses earn some much needed income.

Another importance of tourism is that, there are some people who have lived in a particular country, but have not even travelled towards other cities. However, once tourism for a particular city is boosted and advertised, it could catch their interest and encourage them to finally get out of their own city, and visit the other cities within their country. Tourism is a great tool to encourage various people from the same country to visit that once undiscovered city. This gives people a lot of opportunities to come across different cultures that they may not have known in the past, and they could assimilate with other people.

These are just some of the advantages of tourism. Just like everything else, it could also have its own disadvantages but as for now, tourism is on the rise and is bringing more good than bad. So, you should do your part and help increase the tourism activity in your country too!