Prosperity Tourism contribution to GDP (%) 9.9 (2023)
Data360 Economy Snapshot Tourism contribution to employment (%) 10.3 (2023)
International arrivals (Millions) 0.47 (2020)
Tourism
Intl. tourism receipts (USD, Billions) 0.13 (1999)
T & T Development Index (Best Score=7) 3.24 (2024)
NICARAGUA T & T Development Index Ranking 108/119 (2024)
LATIN AMERICA & CARIBBEAN (LCN) ; LOWER MIDDLE INCOME
Key Indicators
Tourism Contribution to GDP (%) Contribution to Total Employment (%) T & T Development Index (TTDI)
Indicator NIC S.R. World
Score, 2024 3.2 3.9 4.0
Score, 2021 3.2 3.9 4.0
Score, 2019 3.2 3.9 3.9
Rank, 2024 108.0 68.5 60.0
Rank, 2021 108.0 68.3 60.0
Rank, 2019 106.0 66.9 60.0
Ranking out of 119 economies
S.R. denotes the corresponding sub-region in the TTDI report
SOURCE: WTTC SOURCE: WTTC SOURCE: WEF TTDI
International Arrivals (Millions) International Receipts (USD, Billions) Tourism FDI in region (USD, Billions)
SOURCE: WDI SOURCE: WDI SOURCE: UNWTO
Tourism Enabling Environment
T & T Development Index Pillars, 1-7 (best) T & T Development Dimensions, 1-7 (best)
TTDI Score Vs. Travel Expenditure Per Arrival
The TTDI benchmarks and measures the set of factors and policies that enable the sustainable and
resilient development of the Travel and Tourism (T&T) sector, which in turn contributes to the
development of an economy. The TTDI is calculated as an average (arithmetic mean) of 17
component pillar averages (arithmetic means), organized into 5 dimensions.
SOURCE: WEF TTDI 2024 & UNWTO
Prosperity Data360 GENERATED ON: 2024-10-31
Tourism Supply
Marine Protected areas Terrestrial Protected areas
(% of territorial waters) (% of total land area)
SOURCE: WDI SOURCE: WDI
Number of rooms (Thousands) Occupancy rate / rooms (%)
SOURCE: UNWTO SOURCE: UNWTO
Tourism Demand
International Tourist Arrivals International Tourism Receipts Travel Services
(Millions) (Current US$, Billions) (% of commercial service exports)
SOURCE: WDI SOURCE: WDI SOURCE: WDI
Prosperity Data360 GENERATED ON: 2024-10-31
Methodological Notes
Tourism contribution to GDP. Refers to the Travel and Tourism’s total contribution to GDP, which equals the
internal Travel & Tourism consumption (i.e. visitor spending, domestic resident Travel & Tourism expenditure, and
government individual Travel & Tourism spending) minus the purchases (including imports) by Travel & Tourism
providers, as well as its wider impacts on the economy (i.e. the indirect and induced impacts). More information can
be found at the WTTC/Oxford Economics 2023 Travel & Tourism Economic Impact Research Methodology of May
2023.
Tourism contribution to total employment. Refers to Travel and Tourism total employment and it is calculated in
different ways depending on whether the economy has a TSA, input-output tables, or none of those. More
information can be found at the WTTC/Oxford Economics 2023 Travel & Tourism Economic Impact Research
Methodology of May 2023.
T & T Development Index. The Travel & Tourism Development Index (TTDI) benchmarks and measures the set of
factors and policies that enable the sustainable and resilient development of the Travel and Tourism (T&T) sector,
which in turn contributes to the development of an economy. The TTDI is calculated as an average (arithmetic
mean) of 17 component pillar averages (arithmetic means), organized into 5 dimensions:
1. Enabling Environment (five pillars): 1. Business Environment; 2. Safety and Security; 3. Health and Hygiene; 4.
Human Resources and Labour Market; 5. ICT Readiness
2. T&T Policy and Enabling Conditions (three pillars): 6. Prioritization of T&T; 7. Openness to T&T; 8. Price
Competitiveness
3. Infrastructure and Services (three pillars): 9. Air Transport Infrastructure; 10. Ground and Port Infrastructure; 11.
Tourist Services and Infrastructure
4. T&T Resources (three pillars): 12. Natural Resources; 13. Cultural Resources; 14. Non-Leisure Resources
5. T&T Sustainability (three pillars): 15. Environmental Sustainability; 16. T&T Socioeconomic Impact; 17. T&T
Demand Sustainability
More information can be found at the Technical notes and methodology of the TTDI 2024.
International Tourist Arrivals and Receipts. Data are compiled by the UNWTO Secretariat based on preliminary
data reported by the institutions of the various countries and territories. Receipts from international tourism are a
services export in the countries’ balance of payments (the ‘travel’ item) which includes all transactions related to
the consumption of goods and services by international visitors, such as accommodation, food and drink, fuel,
domestic transport, entertainment, and shopping. Travel receipts do not include receipts from international
passenger transport contracted from companies outside the travelers’ countries of residence. International tourism
receipts account for exchange rate changes and inflation. More information can be found at the UNWTO World
Tourism Barometer.
Travel Services. Travel covers goods and services acquired from an economy by travelers for their own use during
visits of less than one year in that economy for either business or personal purposes. Same as in the case of travel
receipts, Travel Services include local transport (i.e., transport within the economy being visited and provided by a
resident of that economy), but exclude international transport (which is included in passenger transport). Travel also
excludes goods for resale, which are included in general merchandise.
For more information, email us at: tourism@worldbankgroup.org Visit our Tourism and Competitiveness website.
Prosperity Data360 GENERATED ON: 2024-10-31
Disclaimer
The Prosperity Data360 platform only aggregates publicly available data and does not produce or own any
mentioned data.
Region and income group mapping followed in the data sheets are as per the official World Bank classification.
Aggregates calculated do not include economies absent in the World Bank list.
Economy borders or names do not necessarily reflect the World Bank Group's official position. Maps available
through the Prosperity Data360 are for illustrative purposes and do not imply the expression of any opinion on the
part of the World Bank, concerning the legal status of any economy or territory or concerning the delimitation of
frontiers or boundaries.
Prosperity Data360 GENERATED ON: 2024-10-31