How much money does Austria make from tourism?

What percentage of Austria economy is tourism?

In 2019, contribution of travel and tourism to GDP (% of GDP) for Austria was 15.5 %.

Which countries make the most money from tourism?

List of Countries by Tourism Income

Rank Country Tourism Income ($)
1 United States of America 210,747,000,000
2 Spain 67,964,000,000
3 France 60,681,000,000
4 Thailand 57,477,000,000

How much money does tourism make a year?

In the financial year 2018–19, Australia generated $60.8 billion in direct tourism gross domestic product (GDP). This represents a growth of 3.5 per cent over the previous year – faster than the national GDP growth. Tourism also directly employed 666,000 Australians making up 5 per cent of Australia’s workforce.

Which market dominates tourism to Austria?

International travel

Germany is Austria’s single most important inbound market, accounting for 48% of international arrivals in 2018.

How much money does Europe make from tourism?

“Tourism contributes 10% to EU GDP and creates jobs for 26 million people,” notes the European Union Tourism Trends report. Europe is the world’s leading tourist destination, it says. The 538 million foreign arrivals in 2017 represents a 40% share of international tourism (an 8% hike from 2016).

How much does Europe make from tourism?

Regardless, the travel and tourism sector has had a positive impact on the European economy. In 2019, an estimated 2,191 billion euros was contributed by travel and tourism to European GDP, though this number fell by half during 2020 as a result of the coronavirus (COVID-19) pandemic .

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