Tourism

Economic impact

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Weight of international tourism revenue

2019

In GDP

8,6%

4º highest in Eurozone

0,3 p.p Change 19/18
2,2 p.p Change 19/15

In Global Exports

19,7%

0,7 p.p Change 19/18
4,0 p.p Change 19/15

In Export of Services

52,3%

1,1 p.p Change 19/18
5,7 p.p Change 19/15

In Exports of goods

31,7%

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 2019

Source: INE, I.P. and Bank of Portugal

Tourism balance (€ million)

Source: Bank of Portugal

Balance of the tourist trade balance of the countries of the European Union

2019

Source: Eurostat
Fonte: INE, I.P.

#12 / 141 countries

#6 / UE28

Tourism Competitiveness
Travel & Tourism Competitiveness Report 2019

Portugal stands out in:

General characterisation of tourism

2019

Source: Bank of Portugal

Companies

2018

64 871

2019

70 032
Source: Bank of Portugal

Turnover

2018

26 069,4 M€

2019

27 950 M€
Source: Bank of Portugal

People employed

2018

338 174

2019

363 684
Source: Bank of Portugal

Distribution by company size

Number of companies

Turnover

Number of people employed

Distribution by economic activity

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

7,21%
2019

9,6%
2018

Transport and logistics

3,62%
2019

10,54%
2018

Accommodation and catering

9,83%
2019

8,87%
2018

Recreational and cultural activities

8,38%
2019

9,44%
2018

EBITDA

annual rate of change
Tourism Sector

-1,71%
2019

1,91%
2018

Transport and logistics

-10,91%
2019

-3,06%
2018

Accommodation and catering

5,15%
2019

6,44%
2018

Recreational and cultural activities

12,56%
2019

7,51%
2018

Return on equity

Tourism Sector

7,05%
2019

9,51%
2018

Transport and logistics

8,3%
2019

13,83%
2018

Accommodation and catering

6,57%
2019

7,88%
2018

Recreational and cultural activities

6,42%
2019

5,31%
2018

Financial autonomy

Tourism Sector

30,45%
2019

29,76%
2018

Transport and logistics

26,23%
2019

28,16%
2018

Accommodation and catering

32,94%
2019

30,66%
2018

Recreational and cultural activities

30,03%
2019

29,99%
2018

Source: Bank of Portugal

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