Travel & Tourism Development Index (TTDI) 2024

News: The World Economic Forum, in collaboration with the University of Surrey, released the Travel & Tourism Development Index (TTDI) 2024.

About:

• It is the second edition of an index that evolved from the Travel & Tourism Competitiveness Index.
• The biennial index analysed the travel and tourism sectors of 119 countries.
• This edition of the index explores the state of the sector’s recovery from the COVID-19 pandemic and the sector’s potential to address
environmental degradation and socioeconomic prosperity.
• Top 10 countries: US, Spain, Japan, France, Australia, Germany, UK, China, Italy and Switzerland.
• The results highlight that high-income economies generally continue to have more favourable conditions for travel and tourism development.
• Worst Performers: Mali (119th ), Sierra Leone (118th ), Cameroon, Angola, Malawi.
• Economies newly added to TTDI 2024: Algeria, Barbados, Iran, Jamaica, Oman, Uzbekistan, Zimbabwe

India’s Ranking:

• India’s rank has risen to 39th from 54th in 2021, though changes made to the index parameters limit its comparability to earlier years.
• International tourist arrivals are expected to reach pre-pandemic levels by the end of 2024
• India is ranked highest in South Asia and among the lower-middle-income economies.
• India is highly price-competitive (18th) and boasts competitive Air Transport (26th) and Ground & Port (25th) infrastructure.
• India’s strong Natural (6th), Cultural (9th) and Non-Leisure (9th) resources help drive travel, and the country is only one of three to score in the top 10 for all the resource pillars.

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