Total contribution of travel and tourism to GDP in Italy 2014-2029

In 2019, the contribution of travel and tourism to the Italian gross domestic product amounted to 237.8 billion euros. The industry, which is one of the most important ones for the country’s economy, constituted about 13.3 percent of the Italian GDP in the year considered and is predicted to reach 14.3 percent in 2029.

In search of the Italian dolce vita

Every year more and more international visitors come to Italy to discover the real Italian dolce vita – breathtaking landscapes, rich history, great art, interesting culture and delectable cuisine. Between 2013 and 2018, the country registered an increase in the number of international tourist arrivals of roughly fifteen million visitors.

International visitors’ spending higher every year

In 2018, Italy ranked tenth on the world list of countries with the largest international tourism expenditure. Furthermore, since 2014 the expenditure of inbound visitors has been constantly growing and is predicted to reach 57.9 billion euros in 2029.

Total contribution of travel and tourism to GDP in Italy from 2014 to 2029

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Source

Release date

February 2020

Region

Italy

Survey time period

2014 to 2029

Supplementary notes

Nominal prices in billion euros.

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