OECD Tourism Trends and Policies 2012
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OECD Tourism Trends and Policies 2012

The report provides comparative knowledge, both policy and data, through thematic chapters and country-specific policy and statistical profiles. The report highlights key tourism policy developments, focuses on issues that rank high on the policy agenda in the field of tourism and provides a broad overview and interpretation of tourism trends in the OECD area and beyond.

Tourism Trends and Policies is becoming an international reference and benchmark on how effectively countries are supporting competitiveness, innovation and growth in tourism, and shed light on policies and practices associated with this. It is published on a two-year basis. The 2012 edition has been undertaken in co-operation with the European Commission.

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OECD

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Tourism is one of the fastest-growing sectors of the Icelandic economy. The share of tourism in Iceland’s GDP was 5.9% in 2009 and is expected to rise above 6% in 2010 based on export figures. In the years between 2005 and 2010, the share of tourism in Iceland’s total export revenue was, on average, 17.3% but has fallen sharply from 22.4% in 2005 to 13.3% in 2010 and 13.9 in 2011. International travel expenditure (i.e. receipts from tourists excluding passenger fares) was ISK 70.255 million in 2010. Growth has been erratic since 2005, with arrivals increasing by 32.2% in the five years to 2010, and international tourism receipts by 49.9%.

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