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Global economy could lose over $4 trillion due to COVID-19 impact on tourism |
Unctad, 30.06.2021 |
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The crash in international tourism due to the coronavirus pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021, according to an UNCTAD report published on 30 June.
Up to $2.4 trillion loss expected in 2021
A rebound in international tourism is expected in the second half of this year, but the UNCTAD report still shows a loss of between $1.7 trillion and $2.4 trillion in 2021, compared with 2019 levels.
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