Recently, the World Economic Forum (WEF) released the Travel and Tourism Development Index (TTDI) 2021 report.
The 2021 edition of the index highlights the vital need to invest in T&T, the impact of COVID-19 and how sector stakeholders can draw on T&T development strategies to build back better.
The 2021 edition of the index assesses 117 economies, identifying key factors in enabling the sustainable and resilient growth of travel and tourism economies.
The publication’s theme is “Rebuilding for a Sustainable and Resilient Future”.
The index is comprised of five sub-indexes, 17 pillars and 112 individual indicators, distributed among the different pillars.
Ranking of India:
According to the report, India’s travel and tourism sector has shown ‘signs of recovery’ after two years of slowdown caused by the pandemic and is the top performer in South Asia.
- India has dropped 8 ranks. India was ranked 46th in 2019.
- India has been ranked 54th in the global travel and tourism development index 2021.
Highlights of WEF's Travel and Tourism Development Index (TTDI) 2021
- On average, TTDI scores increased by just 0.1% between 2019 and 2021, with only 39 out of 117 economies covered by the index improving by more than 1.0%, 51 increasing or decreasing within a 1.0% range and 27 declining by over 1.0%.
Ranking of India’s Neighboring Countries:
Sri Lanka (74), Nepal (102), Bangladesh (100), Pakistan (83), China (12)
Top and Bottom Five Countries:
- The Travel & Tourism Development Index (TTDI) is a direct evolution of the Travel & Tourism Competitiveness Index (TTCI), which has been published biennially for the past 15 years.
- 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 a country”.
- The Travel and Tourism Competitiveness Report was first published in 2007.
- From the 2021 report, WEF is publishing the Travel and Tourism Development Index (TTDI) as an evolution of the TTCI.