In Spain, tourism contributes 11.6% to the economy

23-12-23

In 2022, the year of recovery after the pandemic, tourism increased its weight in the Spanish economy by 3.9% compared to 2021, to 11.6% of gross domestic product (GDP), which is one point less than in 2019 (12.6%), while employment rebounded five tenths, to 9.3% of the country's total.

The contribution of tourism activity to GDP was also below the figures for 2017 and 2018, at 12.1% and 12.2%, respectively, but exceeded the weight it had in 2016 (11.3%), as well as in the pandemic years, when it fell to 6% in 2020, recovering slightly in the following year, to 7.7%.

The weight of GDP associated with the sector, measured through final tourism demand, reached 155,946 million euros in 2022, compared to 94,127.5 million the previous year, according to the Tourism Satellite Account (CSTE) released this Friday by the National Statistics Institute (INE).