Research Article


DOI :10.26650/jot.2020.6.1.0031   IUP :10.26650/jot.2020.6.1.0031    Full Text (PDF)

Potential Unexplored? Tourism and Economic Growth of Bangladesh

Basharat HossainSyed Naimul Wadood

This paper examines the potential effects of tourism on the economic growth of Bangladesh. It is a review paper of the literature based on secondary data. This paper discusses various aspects regarding the effects of the tourism industry on the overall economic progress of the country, including real GDP growth, infrastructural development and employment generation. Since the tourism industry has a small share of revenue to the GDP of Bangladesh’s economy (at this moment), its contribution to economic growth is limited till now. This paper finds that the current size of the Bangladesh tourism economy is BDT 500 million. Besides, Bangladesh earned USD 1157 million from tourism sector during 2009-2018 period. Each year, 0.55 million tourists (on average) visit Bangladesh in the same period. Moreover, it creates 2.23 million jobs each year. The travel and tourism sector contributes 4.4% of the GDP in each year. Bangladesh’s government ensures a lot of facilities for tourists.This article points out a number of issues that need to be considered in the tourism industry to play a more significant role regarding economic growth, and the overall socio-economic development of Bangladesh.

JEL Classification : Z30 , Z32

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APA

Hossain, B., & Wadood, S.N. (2020). Potential Unexplored? Tourism and Economic Growth of Bangladesh. Journal of Tourismology, 6(1), 63-77. https://doi.org/10.26650/jot.2020.6.1.0031


AMA

Hossain B, Wadood S N. Potential Unexplored? Tourism and Economic Growth of Bangladesh. Journal of Tourismology. 2020;6(1):63-77. https://doi.org/10.26650/jot.2020.6.1.0031


ABNT

Hossain, B.; Wadood, S.N. Potential Unexplored? Tourism and Economic Growth of Bangladesh. Journal of Tourismology, [Publisher Location], v. 6, n. 1, p. 63-77, 2020.


Chicago: Author-Date Style

Hossain, Basharat, and Syed Naimul Wadood. 2020. “Potential Unexplored? Tourism and Economic Growth of Bangladesh.” Journal of Tourismology 6, no. 1: 63-77. https://doi.org/10.26650/jot.2020.6.1.0031


Chicago: Humanities Style

Hossain, Basharat, and Syed Naimul Wadood. Potential Unexplored? Tourism and Economic Growth of Bangladesh.” Journal of Tourismology 6, no. 1 (Aug. 2022): 63-77. https://doi.org/10.26650/jot.2020.6.1.0031


Harvard: Australian Style

Hossain, B & Wadood, SN 2020, 'Potential Unexplored? Tourism and Economic Growth of Bangladesh', Journal of Tourismology, vol. 6, no. 1, pp. 63-77, viewed 8 Aug. 2022, https://doi.org/10.26650/jot.2020.6.1.0031


Harvard: Author-Date Style

Hossain, B. and Wadood, S.N. (2020) ‘Potential Unexplored? Tourism and Economic Growth of Bangladesh’, Journal of Tourismology, 6(1), pp. 63-77. https://doi.org/10.26650/jot.2020.6.1.0031 (8 Aug. 2022).


MLA

Hossain, Basharat, and Syed Naimul Wadood. Potential Unexplored? Tourism and Economic Growth of Bangladesh.” Journal of Tourismology, vol. 6, no. 1, 2020, pp. 63-77. [Database Container], https://doi.org/10.26650/jot.2020.6.1.0031


Vancouver

Hossain B, Wadood SN. Potential Unexplored? Tourism and Economic Growth of Bangladesh. Journal of Tourismology [Internet]. 8 Aug. 2022 [cited 8 Aug. 2022];6(1):63-77. Available from: https://doi.org/10.26650/jot.2020.6.1.0031 doi: 10.26650/jot.2020.6.1.0031


ISNAD

Hossain, Basharat - Wadood, SyedNaimul. Potential Unexplored? Tourism and Economic Growth of Bangladesh”. Journal of Tourismology 6/1 (Aug. 2022): 63-77. https://doi.org/10.26650/jot.2020.6.1.0031



TIMELINE


Submitted23.09.2019
Accepted19.02.2020
Published Online30.06.2020

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