India has moved up to the 39th spot in the WEF's Travel & Tourism Development Index.

Tags: INDEX

India has ascended to the 39th position in the World Economic Forum’s Travel & Tourism Development Index for 2024, marking a notable improvement from its previous ranking of 54th in 2021.

An Overview of the News

• This advancement places India at the top in South Asia among the lower-middle-income economies.

• The United States secured the top spot in the index.

• India achieved a score of 4.25 out of 7 on the overall index, where 1 represents the lowest and 7 the highest.

• The significant rise in India's ranking highlights its increasing competitiveness in the global tourism sector.

• The biennial index evaluated the travel and tourism sectors of 119 countries, assessing various factors and policies contributing to tourism development.

2024 Travel and Tourism Development Index: 

Top Five Countries

1. The United States of America leads the rankings with a score of 5.24 in the 2024 Travel and Tourism Development Index.

2. Spain follows closely behind with a score of 5.18.

3. Japan secures the third position with a score of 5.09.

4. France holds the fourth spot with a score of 5.07.

5. Australia rounds up the top five with a score of 5.00.

Bottom Ranked countries

• Mali ranks at the bottom of the list, securing a score of 2.78.

• Sierra Leone follows closely behind, ranking second from the bottom with a score of 2.9.

Travel and Tourism Development Index 2024

• The Travel and Tourism Development Index is a biennial report issued by the World Economic Forum (WEF), replacing the previous Travel & Tourism Competitiveness Index (TTCI) which was published biennially since 2007.

• It assesses and benchmarks the factors and policies facilitating sustainable and resilient development within the travel and tourism sector, contributing to a country's overall development.

• The 2024 Index was developed in partnership with the University of Surrey, England.

• This edition ranks 119 countries based on their performance in fostering the development of the travel and tourism industry.

About WEF

• The World Economic Forum (WEF) is a non-profit international think tank established by Klaus Schwab of Germany in 1971 with the aim of promoting Public-Private Cooperation.

• It serves as a platform facilitating collaboration among government entities, non-governmental organizations, businesses, academics, and other stakeholders.

• The primary goal of the WEF is to address global challenges by fostering dialogue and finding shared solutions.

• The headquarters of the WEF is located in Cologny, Switzerland.