Tourism Multiplier in the World Economy: Covid-19 Effects


  • Alberto Corti



Covid-19, Tourism, World Economy, Tourism Multiplier, Global Markets


The COVID-19 pandemic has impacted on the world order with the force of a tsunami. It is important also to consider the economic aspect. In this context, tourism plays a leading role, being one of the most affected sectors – both in quantitative terms and in terms of the persistence of the negative trend – as well as, finally, for its effects on other sectors. The result of the calculation of the correlation coefficient between the tourism percentage incidence on GDP in 2018 and 2020/2019 GDP percentage loss highlights that the higher the incidence of tourism on a country’s GDP was at the beginning of the pandemic, the greater the percentage loss of GDP was for that country.




How to Cite

Corti, A. (2021). Tourism Multiplier in the World Economy: Covid-19 Effects. Symphonya. Emerging Issues in Management, (2), 20–25.