India has climbed to the 39th position in the latest World Economic Forum’s “Travel & Tourism Development Index 2024”, as travel improves after the pandemic.
Key points
- The United States (US) led the rankings and India was the top performer in South Asia and among the lower-middle-income nations, said the annual report.
- India was 54th in 2021, but changes in index criteria limit its direct comparison with 2022 and 2023.
- Spain, Japan, France, and Australia feature are the top four countries in the 2024 list, in that order. The index was compiled in collaboration with the UK-based University of Surrey.
- According to the index, India demonstrates high price competitiveness (18th) and possesses competitive air transport (26th) as well as ground and port (25th) infrastructure.
- The country’s overall Travel and Tourism Development Index (TTDI) score is 2.1 per cent lower than its 2019 level.
- On an overall index score of 7, where 1 is the worst, and 7 the best, India’s score of 4.25.
- The TTDI focuses on 119 economies based on factors and policies contributing to a sustainable and resilient development of the travel and tourism sector.
- The rankings reflect each country’s ability to develop and sustain its travel and tourism industry.
- The Travel & Tourism Development Index 2024 is the second edition of an index that evolved from the Travel & Tourism Competitiveness Index