Loading...
South Africa invested $4.5 billion in travel and tourism capital expenditure in 2024 — 7.5% of total national capex. WTTC EIR 2025 classifies the demand momentum as steady, with the sector ranked 29th among 42 panel economies and a ten-year forecast share of GDP at 10.3% in 2035.
Hero metric
$4.5 billion tourism capex (2024)
Source
WTTC EIR 2025
Last updated
2026-05-12
KEY FIGURES
T&T capex (2024)
$4.5 billion
Share of total national capex
7.5%
Capex rank
29th of 42
Demand momentum
Steady
GDP share forecast (2035)
10.3%
Tourism YoY growth (2024)
7.1%
Key figures
TOURISM GDP SHARE — 5-YEAR TREND
South Africa's $4.5 billion 2024 tourism capex represents 7.5% of national capital formation. WTTC's forward outlook for South Africa carries a steady demand-momentum label, the agency's most actionable forward signal.
FREQUENTLY ASKED QUESTIONS
WTTC EIR 2025 classifies South Africa's tourism momentum as steady. The sector accounts for 7.5% of national capex and ranks 29th of 42 panel economies.
$4.5 billion of capital expenditure flowed into South Africa's travel and tourism sector in 2024 (WTTC EIR 2025).
WTTC projects South Africa's tourism share of GDP to reach 10.3% by 2035, up from 8.4% in 2024.
Tourism GDP grew 7.1% year-over-year in 2024 in South Africa, and demand momentum is rated steady by WTTC EIR 2025.
South Africa ranks 29th of 42 economies on tourism capex share. Combined with a 8.4% GDP share and steady momentum, it offers a mature, defensive allocation in the global tourism asset class.
METHODOLOGY & SOURCE
Every numeric claim on this page is sourced from WTTC EIR 2025 (WTTC EIR 2025 — South Africa, p. 1). Last accessed 2026-05-11. No figures are estimated, modelled, or AI-generated — DataGreat's narrator is locked to WTTC values verbatim.
MORE SOUTH AFRICA INTELLIGENCE
NEXT STEP
Your South Africa Tourism Investment report is ~30 seconds away.