Travel and Tourism Drive More Than 10% of the European Economy

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According to the latest forecasts from the World Travel and Tourism Council (WTTC), the travel and tourism sector is expected to increase its GDP contribution to the European economy from €2.25 trillion in 2023 to €2.4 trillion in 2024. Over the next ten years, this might rise to a staggering $3 trillion by 2034, representing around a 10th of the country's total GDP.

Infographic: Travel and Tourism Drive More Than 10% of the European Economy | Statista

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This infographic shows the direct, indirect, and induced contribution of travel and tourism to the European GDP from 2019 to 2023, with a forecast to 2034.

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Travel and Tourism Drive More Than 10% of the European Economy

Sponsored post by booking.com