How much does Spain make from British tourism?

How much is UK tourism worth to Spain?

This statistic shows the expenditure of tourists with residence in the United Kingdom visiting Spain from 2004 to 2019. The expenditure of UK tourist on travel to Spain reached around 17.9 billion euros in 2018.

What percentage of Spain tourism is from UK?

Summer resorts and beaches

The leading source markets of Spanish beach tourism are the UK (around 24% of the total arrivals in Spain in recent years), Germany and France (around 15-16% each), followed by Scandinavia and Italy (around 7% each) and the Netherlands (around 5%).

How much money does Spain make from tourism?

This figure grew throughout the second half of the decade, reaching 70.3 billion in 2019. In that year, the Spanish tourism GDP surpassed 150 billion euros.

How important is British tourism to Spain?

A lot is riding on this decision as the UK is the main source country of tourists to Spain. In 2019, 18 million UK nationals visited the country, accounting for 21.6% of all arrivals. EL PAÍS spoke to experts in some of the most popular Spanish tourist destinations about what the travel changes mean for the industry.

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How much is UK Tourism worth to EU?

Tourism contributes £106 billion to the British economy & GDP and supports 2.6 million jobs. By 2025 the UK tourism industry will be worth over £257 billion, around 10% of the UK GDP.

How much of Spain’s economy relies on tourism?

According to data from the tourism satellite account published by the INE, the industry generates 12.3% of Spain’s GDP and 12.7% of its employment. Tourism’s huge importance for the Spanish economy is not by chance but the result of its great competitiveness and resilience.

How many Brits go on holiday to Spain each year?

Leading travel destinations visited from the United Kingdom (UK) 2019. Spain is the most visited country by residents of the United Kingdom, with around 18.1 million visits made in 2019.

How much money does Madrid make from tourism?

Holidaymakers spend more in Madrid than in other regions

Total international tourism expenditure in the region valued over 10 million euros in 2019, reflecting the recent rise in the number of arrivals.

How much money does Majorca make from tourism?

The travel and tourism’s contribution to the Balearic Islands’ GDP reached a figure of over 12 billion euros according to the latest report. Tourism has grown to become one of the most important sectors not only for the Spanish community but for the entire country.

How much do UK tourists spend in France?

In 2014 British tourists spent around five billion euros in France.