U.S. Markets open in 46 mins

These are the countries most reliant on your tourism dollars

Natasha Frost
map of the 25 most tourist dependent countries

Almost 1.5 million people went to the Maldives in 2018. For these vacationers, their visits were restful opportunities to lie on beaches and suck down fruity drinks. For the island nation’s 430,000 people, they had a far more critical function: contributing more than a third of the country’s GDP.

The Maldives, located in the Indian Ocean, is the country most reliant on tourism. Around 20 others across the world derive more than 10% of their gross domestic product from tourism. Most are small, with a population well below a million people. The vast majority are in the developing world, where luxury resorts stand in stark relief to the reality of most locals.

Troublingly, more than half are islands and archipelagos. With few natural resources beyond pristine beaches and breathtaking views, tourism is an obvious economic focus. Unfortunately, these countries are extremely vulnerable to climate change, and have a huge amount to lose, including their tourist industry. They’re at high risk from rising sea levels obliterating resorts and coastal properties, the death of coral reef, and soil salinization threatening crops, as well as extreme weather events.

Ranking Country % of GDP
1 Maldives 38.92
2 British Virgin Islands 32.96
3 Macao 28.05
4 Aruba 27.64
5 Seychelles 25.74
6 The Bahamas 19.23
7 Vanuatu 18.16
8 Cabo Verde 17.66
9 St. Lucia 15.61
10 Belize 14.95
11 Fiji 14.09
12 Malta 14.08
13 Cambodia 13.72
14 Barbados 13.13
15 Antigua and Barbuda 13.09
16 Dominica 12.33
17 Montenegro 11.67
18 Croatia 11
19 Sao Tome and Principe 10.63
20 Jamaica 10.48
21 Thailand 9.82
22 Georgia 9.36
23 Philippines 8.7
24 Kiribati 8.66
25 Iceland 8.63

Source: The World Bank

 

Sign up for the Quartz Daily Brief, our free daily newsletter with the world’s most important and interesting news.

More stories from Quartz: