Learn bits
Index & Reports
Mahesh

26/05/22 21:48 PM IST

WEF’s Travel and Tourism Competitiveness Index 2021

In News 
  • The World Economic Forum’s (WEF) ranked India 54th position (down from 46th in 2019) with a score of 4.1 in its Travel and Tourism Development Index 2021, but still, India remains the top performer in South Asia.
Findings of the report
  •  Japan has topped (1) the global chart and the bottom position (117) is occupied by the country Chad.
  • The report found that while overall international tourism and business travel is still below pre-pandemic levels, the sector recovery has been bolstered by greater vaccination rates, return to more open travel, and growing demand for domestic and nature-based tourism.
  • In this year's travel index, other than the US, the top-10 scoring economies are high-income economies in Europe or Asia-Pacific. After top-ranking Japan, regional economies Australia and Singapore come in seventh and ninth, respectively.
  • Vietnam experienced the greatest improvement in score (from 60th to 52nd) on the overall index, while Indonesia (44th to 32nd) and Saudi Arabia (43rd to 33rd) had the greatest improvement in rank.
  • Europe is the only region to have decreased its average score since 2019, slightly eroding its considerable lead. Sub-Saharan Africa had the greatest improvement in performance, but far more needs to be done for economies in the region.
About the WEF’s Travel and Tourism Development Index 2021
  • The WEF’s Travel and Tourism Development Index 2021 is a direct evolution of the Travel & Tourism Competitiveness Index, which has been published biennially for the past 15 years. The Index assesses 117 economies, based on 5 subindexes, 17 pillars and 112 individual indicators, distributed among the different pillars.

The five Sub indexes:

  • Enabling Environment
  • Travel and Tourism Policy and Enabling Conditions
  • Infrastructure
  • Travel and Tourism Demand Drivers
  • Travel and Tourism Sustainability
Source- Business Standard 

More Related Current Affairs View All

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps