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Travel and tourism to contribute R412.2bn to SA's GDP in 2017

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Cape Town - The total contribution of travel and tourism to the gross domestic product (GDP) of South Africa was R402bn in 2016 (9.3% of GDP) and is expected to grow by 2.5% to R412.2bn (9.4% of GDP) in 2017, according to a report by the World Travel and Tourism Council (WTTC).

This includes the wider effects from investment, the supply chain and induced income impacts.

The forecast is that it will rise by 4.2% per year to R624.2bn by 2027 - 11.5% of GDP.

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