Companies
74 560
Number(N.º)
Tourism
Economic impact
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Weight of international tourism revenue
2022
In GDP
8,7%
4º highest in Eurozone
0,3 p.p Change 19/18
2,2 p.p Change 19/15
In Global Exports
17,5%
0,7 p.p Change 19/18
4,0 p.p Change 19/15
In Export of Services
47,4%
1,1 p.p Change 19/18
5,7 p.p Change 19/15
In Exports of goods
27,8%
1,3 p.p Change 19/18
2,2 p.p Change 19/15
Source: TravelBI
Tourism as one of the country's largest economic export activities in 2022
Source: INE, I.P e Banco de Portugal
Tourism balance (billion €)
Balance of the tourist trade balance of the countries of the European Union
2022
Source:Eurostat
15,8% of the GDP
12% of the national GVA
7,6% of the national employment
Fonte: INE, I.P.
#16 / 117 countries
#7 / UE27
Tourism Competitiveness
Travel & Tourism Development Index 2021
Portugal stands out in:
- Tourism Services Infrastructure (#2)
- Enabling Environment: Safety and Security (#11)
- Enabling Environment: Health and Hygiene (#14)
- Sustainability: Socioeconomic Resilience and Conditions (#17)
- Policies and Conditions Favorable to Travel and Tourism: International Openness (#19)
General characterisation of tourism
2021
Turnover
18 774
Million of euros (M€)
People employed
333 602
Number(N.º)
Source: Bank of Portugal
Companies
2020
73 911
2021
74 560
Source: Bank of Portugal
Turnover
2020
14 642 M€
2021
18 774 M€
Source: Bank of Portugal
People employed
2020
338 702
2021
333 602
Source: Bank of Portugal
Distribution by company size
2021
Number of companies
Turnover
Number of people employed
Distribution by economic activity
2021
Number of companies
Turnover
Number of people employed
Distribution by time of activity
Number of companies
Turnover
Number of people employed
Source: Bank of Portugal
Evolution of economic and financial indicators
Turnover
(annual rate of change)
Tourism Sector
28,22%
2021
-47,72%
2020
Transport and logistics
21,23%
2021
-45,17%
2020
Accommodation and catering
30,08%
2021
-42,98%
2020
Recreational and cultural activities
47,11%
2021
-68,45%
2020
EBITDA
annual rate of change
Tourism Sector
192,6%
2021
-134,61%
2020
Transport and logistics
32,1%
2021
-137,02%
2020
Accommodation and catering
340,37%
2021
-132,91%
2020
Recreational and cultural activities
221,77%
2021
-132,59%
2020
Return on equity
Tourism Sector
-8,93%
2021
-31,94%
2020
Transport and logistics
-41,88%
2021
-78,57%
2020
Accommodation and catering
1,56%
2021
-20,57%
2020
Recreational and cultural activities
-6,4%
2021
-24,76%
2020
Financial autonomy
Tourism Sector
27,5%
2021
24,7%
2020
Transport and logistics
20,87%
2021
14,7%
2020
Accommodation and catering
30,81%
2021
28,89%
2020
Recreational and cultural activities
26,73%
2021
25,97%
2020
Source: Bank of Portugal
