How Much of Florida Economy Is Tourism?

By Anna Duncan

Florida is one of the most popular tourist destinations in the world. Every year, millions of people flock to Florida to enjoy its sunny beaches, world-class theme parks, and other attractions.

But just how much of Florida’s economy is driven by tourism? Let’s take a closer look.

Florida’s Tourism Industry

Florida’s tourism industry is massive. In fact, it is one of the largest in the world.

According to Visit Florida, the state’s official tourism marketing corporation, 131.4 million visitors came to Florida in 2019 alone. These visitors spent a whopping $91.3 billion while in the state.

How Many Jobs Does Tourism Create in Florida?

The tourism industry is a major employer in Florida. According to Visit Florida, the industry directly employs 1.5 million Floridians and indirectly supports another 1.2 million jobs throughout the state.

What Are Some of Florida’s Top Tourist Attractions?

Florida is home to many world-famous tourist attractions that draw visitors from all over the globe. Here are just a few:

  • Walt Disney World Resort: This theme park complex attracts millions of visitors every year.
  • Universal Orlando Resort: Another popular theme park complex that draws big crowds.
  • Miami Beach: This iconic beach destination offers sun, sand, and nightlife.
  • The Everglades: This unique ecosystem is home to a wide variety of wildlife and offers opportunities for hiking and airboat rides.

How Important Is Tourism to Florida’s Economy?

Tourism is an incredibly important part of Florida’s economy. In fact, it accounts for a significant portion of the state’s GDP (gross domestic product).

According to Visit Florida, tourism accounted for 13% of Florida’s GDP in 2019. This means that one out of every eight dollars generated in the state’s economy came directly from tourism.

What Are Some of the Challenges Facing Florida’s Tourism Industry?

While Florida’s tourism industry is undoubtedly a major economic driver, it also faces several challenges. One of the biggest is competition from other destinations. Other states and countries are constantly vying for tourists’ attention and dollars, so Florida must work hard to stay competitive.

Another challenge is the impact of natural disasters. Hurricanes and other severe weather events can cause significant damage to Florida’s tourist infrastructure, which can take time and money to repair.

Conclusion

Tourism is a vital part of Florida’s economy, supporting millions of jobs and generating billions of dollars in revenue each year. While the industry faces its share of challenges, it remains a cornerstone of the Sunshine State’s economic engine.