How much does Spain earn 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.

How much does Spain earn from tourism?

Tourism Revenues in Spain averaged 3377.76 EUR Million from 1993 until 2021, reaching an all time high of 9408 EUR Million in August of 2019 and a record low of 0 EUR Million in April of 2020.

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.

How much did British tourists spend in Spain in 2019?

ARCHIVED – 18 million British visitors spent 2 million euros per hour in Spain in 2019!

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Does Spain rely on British tourism?

Tougher restrictions would deliver a blow to the Spanish tourism sector, which relies significantly on British visitors. In 2019, UK tourists accounted for over 20% of all arrivals and spent a collective €500 million a week during the month of August.

How many British tourists go to Spain?

British tourists in Spain 2010-2020

In 2020, the number of residents from the United Kingdom visiting Spain decreased from 18.01 million to some 3.2 million due to the coronavirus (COVID-19) crisis. The United Kingdom is one of the leading source markets for tourism in Spain.

How much money does Spain make from tourism a year?

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 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 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.

What is British tourism worth to Europe?

Leisure visitors from the United Kingdom in Europe spent the most in 2019, collectively spending approximately 28.9 billion British pounds. Spending on visiting friends and relatives in Europe amounted to nearly 5.6 billion pounds, making it the second largest traveling expenditure contribution.

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How much does the UK spend on tourism in the EU?

Nationals of the European Union spent approximately 4.9 billion British pounds on holiday travel in the United Kingdom (UK) in 2019. Spend on visiting friends and family in the UK amounted to 2.54 billion pounds, while business travelers spent 2.47 billion.

Characteristic Spending in million GBP