Tourism Satellite Account for Portugal: GVA and tourism consumption exceed pre-pandemic levels

July, 2023

In 2022 there was a nominal increase of 72.7% in the Gross Value Added generated by Tourism (GVAGT) compared to 2021, according to the preliminary estimate of the Tourism Satellite Account. GVAGT represented 8.9% of national GVA (5.7% in 2021), surpassing the levels of 2019, when it represented 8.1% of the economy’s GVA.

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