What percentage of Spain's economy relies on tourism?


What percentage of Spain's economy relies on tourism? Tourism is one of the main sectors of Spain's economy and is an outstanding driver of socio-economic development. In 2019, the total effects of tourism (direct and indirect) contributed EUR 155 billion or 12.4% of total GDP.


How does Spain benefit from tourism?

Tourism creates jobs for locals and, when practiced in a responsible way, can help local businesses thrive. Beyond the monetary benefits for individuals and businesses, tourism also helps preserve Spain's rich and fascinating history. Historic and cultural sites are able to be maintained thanks to tourist ticket sales.


Is UK tourism increasing?

The total contribution of travel and tourism to the UK's GDP increased by 40% from 2020 to 2023. In 2022, there were about 30 million international visits to the UK. It's forecast that the number of visitors to the UK could reach 35.1 million in 2023.


Which European country earns the most from tourism?

European countries with the highest inbound tourism receipts 2019-2022. Spain was the European country with the highest international tourism receipts in 2022, amounting to nearly 73 billion U.S. dollars.


Why does Spain get so many tourists?

The mild climate during the whole year and the extensive sandy beaches of the Mediterranean and Atlantic Ocean as well as of its two archipelagoes (the Balearic Islands and the Canary Islands respectively) have been attracting tourists from Northern Europe for decades.


What percentage of the economy is tourism?

In 2022, the Travel & Tourism sector contributed 7.6% to global GDP; an increase of 22% from 2021 and only 23% below 2019 levels. In 2022, there were 22 million new jobs, representing a 7.9% increase on 2021, and only 11.4% below 2019.


Where does Spain rank in tourism?

Leader in Holiday and Leisure Tourism
Spain is the 2nd leading tourism brand in the world. It is the 3rd country in terms of number of tourists per year. Spanish airports receive more than 230 million passengers every year. Spanish ports receive 8.6 million cruise passengers every year.


Who visits Spain the most?

Based on this data, the average daily expenses go from €161 in November 2019 to €165 in November 2022. In addition, the leading country sending most tourists to Spain is the United Kingdom, with 828,680 visitors, representing 19.1 per cent of all tourists coming to Spain.


Why is Spain so popular with British tourists?

Many British tourists come to Spain looking for “sun & beach”. Spain has a much longer coastline than Portugal, with more beaches - and it has a (loooong) Mediterranean shore, that Portugal lacks: “Mediterranean” implies warmer water and better weather.


Categories