spain international tourist

Spain's tourism-related GDP to rise 3% between 2018-19, outperforming the country's economy

Spain’s Tourism-Related GDP To Rise Near 3% Between 2018-19, Outperforming The Country’s Economy

Spain has taken advantage of the global rise in tourism, becoming the second most visited country in the world after France. Close to 82 M tourists visited Spain in 2018, a level similar to 2017. CaixaBank expect the industry will be able to keep its number of international tourists at an all-time high in 2019. The evidence points to the sector posting GDP growth rates of around 2.6% in 2019, outperforming 2.1% of the economy as a whole, but below the growth recorded in the past few years.