Tourism Contributes Nearly 12 Pct of Portugal's Economy in 2024, but ...
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8 Articles

The tourist activity had reached a maximum historical level in 2023. However, if this year was responsible for almost half of the real growth of the economy (48% of the total), the weight decreased in 2024.
The weight of tourism in GDP growth is decreasing. Salaries continue below the average and increased less in 2024 than in the previous year. However, the sector continues to have a “liquidly higher” dynamism than the rest of the economy.
Tourism in Portugal contributed €34 billion to the economy in 2024, equivalent to 12% of the country's Gross Domestic Product (GDP), according to data released Friday by the National Statistics Institute (INE). According to the results of the Tourism Satellite Account, the INE estimates that tourism activity "generated a […]
The consumption in the tourism sector has contributed to EUR 34 billion for GDP. The weight on tourism continues to grow, although at a slower rate, at the end of the pandemic.
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