Mexico’s tourism sector is set to reach an interannual growth rate of 3.2% over the next decade, according to the World Travel & Tourism Council (WTTC). 

This is higher than the forecast growth of the entire national economy, which is predicted to be 2% for the same time period. 

Over the next 10 years, the tourism sector in Mexico will create over 2.7 million new jobs and register a rise of close to 43% compared to this year, as per the latest Economic Impact Report (EIR). 

World Travel & Tourism Council president and CEO, Julia Simpson stated: “Mexico's tourism sector has been severely affected by the global health crisis. However, as the national economy begins to recover from the devastating effects of the pandemic, jobs generated by the tourism sector are beginning to increase.”

The report also states that last year, the tourism sector in Mexico witnessed a 9.2% increase in employment levels compared to 2020, reaching 6 million jobs, or almost 11% of Mexico’s total jobs.  

In addition, the study forecasts a 7% rise in employment in 2022 over last year, with 420,000 additional new jobs within the country’s tourism sector. 

Also, by the end of the year, over $190.7 billion to the country’s GDP is forecast to be added. This will represent more than 13% growth over 2021, and the travel and tourism sector will make up 14.7% of the country’s economy.

Moreover, the World Travel & Tourism Council acknowledged the importance of the joint work required by countries to achieve more resilient and sustainable destinations, to reach considerable tourism development globally, as well as the tourism sector in Mexico.