Sponsored post by booking.com

Travel and Tourism Drive More Than 10% of the European Economy

According to the latest forecasts from the World Travel and Tourism Council (WTTC), the travel and tourism sector is expected to increase its GDP contribution to the European economy from €2.25 trillion in 2023 to €2.4 trillion in 2024. Over the next ten years, this might rise to a staggering $3 trillion by 2034, representing around a 10th of the country's total GDP.

Description

This infographic shows the direct, indirect, and induced contribution of travel and tourism to the European GDP from 2019 to 2023, with a forecast to 2034.

Download Chart
Premium statistics
Share of creative economy to GDP Philippines 2018-2023
Premium statistics
GDP share of digital economy in China 2015-2023
Premium statistics
Digital economy spending to GDP in Russia 2017-2022
Premium statistics
Size of hidden economy in creating GDP in Poland 2020-2022
Gross domestic product (GDP) at current prices in Sweden 2010-2023
Premium statistics
G7 countries' share of world's GDP 2000-2024

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information