Top 5 Tourism-Dependent Countries of the World

1. British Virgin Islands

British Virgin Islands, also known as Virgin Islands, is a British overseas territory in the Caribbean region. It boasts of the most stable economy in the entire Caribbean region, and the maximum credit for that goes to income through tourism. Since the island does not have good quality soil, tourism becomes a necessity to meet the food requirement of the population. These islands generate maximum revenue from the yacht industry, with the place being an important stop for cruises. Nearly 48% of the GDP is owed to the tourism industry in this country. As far as the ratio of population to the income is concerned, this country is the most dependent on tourism, in the whole world.

2. Macau

Macau is one of the two special administrative regions of the People’s Republic of China, the other being Hong Kong. Tourism is a major source of income for the country’s economy. The stable weather, gambling industry, and well-known tourist sites make Macau popular among Chinese mainland people and also among other foreign tourists. Macau is almost a synonym to gambling, after Las Vegas, and has gained a lot of fame for its seemingly-unlimited casinos. This in turn, has boosted the tourism too, as people flock to this country to witness and enjoy the gambling themselves. Gambling and tourism contributes to more than 50% of the GDP of Macau, and over 70% of the Macau government revenues.

3. Aruba

 Located 15 miles north of Venezuela in the warm waters of the Southern Caribbean, Aruba is home to beautiful white-sand beaches. The poor soil and very low rainfall experienced by this country drastically reduces the agricultural prospects. Thus, tourism is the main source of income, with the warm and sunny days throughout the year also working in its favor.  A famous romantic spot, Aruba is a popular country for couples to celebrate their honeymoon. The easy connectivity, good infrastructure and a positive environment make this one of the most amazing places to visit, thus justifying its total dependence on tourism. 41% of this small country’s GDP is dependent solely on tourist expenditure.

4. Cayman Islands

 The Cayman Islands, a British overseas territory located in the Caribbean Sea comprising of three islands, enjoys one of the highest outputs per capita, and has the highest standard of living in the Caribbean. Here, tourism is a mainstay and the tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Tourism depends mainly on the islands’ unspoiled beaches, duty-free shopping, scuba diving, and deep-sea fishing, which draw almost a million visitors to the islands each year. The Seven Mile Beach is one of the main attractions of The Cayman Islands and is a hub to a number of island’s hotels and resorts. 60% of the GDP of this country is dependent on tourism.

5. Bahamas

 Bahamas is a country lying in the Atlantic Ocean, close to Cuba. This country is famous for its rich, abundant and varying marine life and the countless water parks that rank amongst the best in the world. This draws a lot of tourists to visit this island country, also famous for its beautiful beaches. Bahamas also attracts fishermen and sailors because of its strategically advantageous location in the Atlantic Ocean. The tourism accounts for more than 60% of the country’s GDP. Not only that, it also provides jobs to more than half the population of the country. Due to the rise in tourism, the country has witnessed a growth in the overall economy with the construction of new hotels, resorts and also a consequent rise in the GDP.
source;http://pentagist.com