Travel and tourism's direct contribution to GDP in Europe 2012-2028

Published by Jennifer Luty, Jun 20, 2019
This statistic presents the direct contribution of travel and tourism to GDP in Europe from 2012 to 2018, with an additional forecast for 2028. Over this period, the direct contribution of the travel and tourism industry to GDP in Europe increased, reaching around 760 billion U.S. dollars in 2017.

Direct contribution of travel and tourism to GDP in Europe from 2012 to 2028* (in billion U.S. dollars)

Value in billion U.S. dollars
2028***991.4
2018**781.6
2017760.1
2016725.4
2015711.7
2014692.9
2013666.6
2012654.5
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Source

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Release date

March 2018

Region

Europe

Survey time period

2012 to 2018

Supplementary notes

* Based on real 2017 prices.
The source provides the following definition: "GDP generated by industries that deal directly with tourists, including hotels, travel agents, airlines and other passenger transport services, as well as the activities of restaurant and leisure industries that deal directly with tourists. It is equivalent to total internal Travel & Tourism spending within a country less the purchases made by those industries (including imports)."
** Estimate.
*** Forecast.

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