How Big Is the Tourism Industry in Greece?

By Michael Ferguson

Greece, a country located in southeastern Europe, is known for its rich history, beautiful landscapes, and stunning architecture. It’s no surprise that tourism is a major industry in Greece. In fact, it’s one of the country’s most important economic sectors.

The Size of the Tourism Industry in Greece

According to data from the World Travel and Tourism Council (WTTC), travel and tourism directly contributed 10.5% of Greece’s GDP in 2019. This figure is expected to rise to 11.3% by 2029. In addition, the industry supports over 1 million jobs in Greece, which accounts for 23.8% of total employment.

The Impact of COVID-19

The COVID-19 pandemic has had a significant impact on the tourism industry in Greece, as it has around the world. In 2020, international tourist arrivals to Greece dropped by 76% compared to the previous year.

However, there are some signs of recovery as vaccination rates increase and travel restrictions are lifted. The Greek government has implemented measures to support the industry during this difficult time, such as providing financial aid to businesses and promoting domestic tourism.

Greek Tourism Highlights

  • Athens: The capital city of Greece is home to many ancient landmarks such as the Acropolis and the Parthenon.
  • Santorini: This picturesque island is known for its stunning sunsets and unique architecture.
  • Crete: The largest island in Greece offers beautiful beaches and historical sites such as Knossos Palace.
  • Mykonos: This popular destination is known for its vibrant nightlife scene and beautiful beaches.

The Future of Greek Tourism

Despite the challenges posed by COVID-19, there are reasons to be optimistic about the future of the tourism industry in Greece. The country has a lot to offer visitors, from its rich history and beautiful landscapes to its delicious food and vibrant culture.

As travel restrictions are lifted and vaccination rates increase, we can expect to see more tourists returning to Greece in the coming months and years. The government’s efforts to support the industry will also play a key role in its recovery.

Conclusion

The tourism industry is a vital part of Greece’s economy, supporting millions of jobs and contributing significantly to GDP. While the COVID-19 pandemic has had a major impact on the industry, there are signs of recovery as travel restrictions are lifted and vaccinations increase. With its rich history, stunning landscapes, and vibrant culture, Greece is sure to remain a top destination for travelers for years to come.