Nepal’s tourism sector generated Rs327.9 billion ($2.5 billion) in revenue and supported 1.19 million jobs directly and indirectly last year, according to the recently released annual World Travel and Tourism Council research report. The report forecasts that Nepal will generate 1.22 million jobs in 2024.
The jobs generated by the tourism sector is 15.2 percent of the total.
The London-based organisation said travel and tourism’s total contribution to the country’s gross domestic product (GDP) stood at 6.6 percent to Rs358.9 billion or $2.7 billion last year, down from 6.7 percent in 2019 before the start of the Covid pandemic.
All values are in constant 2023 prices and exchange rates.
This primarily reflects the economic activity…