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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