Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

Summary: The global travel disruption had cascading effects on tourism and the supporting sectors in Bali. This week’s chart portrays Bali’s vulnerability to the worldwide border closure amid COVID-19 and underlines potential areas for diversification. Bali’s economy contracted by 9.3% in 2020, one of the worst-hit provinces in Indonesia. The loss of tourism revenue scraped […]

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Chart of the Week October 8, 2021: Singapore: Employment effects of Covid-19 Pandemic in Tourism

Note: The reported values are annual figures. 2021 data refers to as of 2021Q2. Summary: As an international tourist destination and connection hub, millions of tourists visit Singapore annually. However, the recent border closure in response to the COVID-19 pandemic has affected the tourism sector’s revenue and employment, with spillover effects on other industries. Using […]

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