How Big Is Spain’s Tourism Industry?

By Alice Nichols

Spain has always been a popular tourist destination, known for its rich history, vibrant culture, and sunny beaches. In recent years, the country has seen a significant increase in the number of tourists visiting each year.

But just how big is Spain’s tourism industry? Let’s take a closer look.

Spain’s Tourism Industry Overview

According to the latest data from the World Tourism Organization (UNWTO), Spain is one of the world’s top tourist destinations and ranks second in terms of international tourist arrivals. In 2019, Spain welcomed over 83 million international visitors, which was an increase of almost two percent compared to the previous year.

Revenue Generated by Spain’s Tourism Industry

In addition to high numbers of visitors, Spain’s tourism industry also generates a significant amount of revenue for the country. According to the Spanish National Institute of Statistics (INE), in 2019, tourism accounted for around 12% of Spain’s gross domestic product (GDP). This figure translates to over €150 billion in revenue generated by the tourism industry alone.

Popular Tourist Destinations in Spain

Spain offers a diverse range of tourist destinations that cater to different interests and preferences. Some of the most popular tourist destinations in Spain include:

  • Barcelona: Known for its stunning architecture and vibrant nightlife.
  • Madrid: The capital city offers a mix of cultural attractions and modern amenities.
  • Costa del Sol: Located along the southern coast, it offers beautiful beaches, golf courses, and other outdoor activities.
  • Balearic Islands: Comprising islands such as Ibiza and Mallorca, they are known for their stunning scenery and lively party scene.

The Impact of COVID-19 on Spain’s Tourism Industry

Spain’s tourism industry has been hit hard by the COVID-19 pandemic. The country closed its borders to foreign visitors in March 2020, and the industry suffered a significant decline in revenue. According to the Spanish Tourism Confederation (CEHAT), in 2020, Spain’s tourism industry lost almost €106 billion due to the pandemic.

Conclusion

Spain’s tourism industry is a significant contributor to the country’s economy, generating billions of euros in revenue each year. While the COVID-19 pandemic has had a severe impact on the industry, Spain remains a popular tourist destination and is expected to bounce back once travel restrictions are lifted.