In July 2011, the European Parliament and the Council of the European Union adopted a new Regulation (EU) No 692/2011 concerning European statistics on tourism and repealing Council Directive 95/57/EC; this came into force for reference year 2012 and requires EU Member States to provide a regular set of comparable tourism statistics. Spain's economy is heavily reliant on tourism, which makes up 12% of its gross domestic product (GDP). This page provides - Spain Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Last year, more visitors coming from Asia and the United States offset a decline of travelers from Britain and Germany, who traditionally have been the core of the Spanish tourism. 1993-2020 Data | 2021-2022 Forecast | Historical | ChartDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Tourism directly and indirectly employed 2.5 million individuals in 2015, meaning 13% of total employment (1.4 percentage points more than in 2010). Tourism in Spain is well established as a key sector for the economy, and the latest figures reveal a buoyant industry: tourism accounts for 16% of Spanish GDP, with more than 75 million tourists visiting the country in 2016.So indicates the CaixaBank Research monthly report entitled “Tourism: travelling into the future”, which was unveiled today in Madrid by Enric Fernández, the bank’s Chief Economist.In the first four months of 2017 Spain welcomed 20 million international tourists, a record figure and 10.3% higher than in the same period 2016. Spain’s economic freedom score is 66.9, making its economy the 58th freest in the 2020 Index. Maroto said trying to lure visitors from new countries will be one of the ministry’s main priorities along with working to have visitors all year long and not only during the summer high season. Accordingly, Spain's foreign tourist industry has grown into the second-biggest in the world. Tourism in Spain is the third major contributor to national economic life after the industrial and the business/banking sectors, contributing about 10–11% of Spain's GDP. And tourism, a pillar of the Spanish economy which accounts for 12 percent of GDP, suffered with a 60 percent drop in revenues compared the same period in 2019.

Spain's tourist industry is crucial to its economy. Finally, countries that are solid blue have a tourism industry that is less than 2% of overall GDP. allow content to be viewed and shared from our portal). What it means for Spain's tourism sector. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. newspaper archive.According to the National Statistics Institute, found nearly 11 million tourists visited Spain during the first semester of 2020, a catastrophic drop from the same period the year before.The country has been one of the worst hit by the deadly pandemic.Spain relies heavily on the tourism industry but the virus almost wiped out the entire sector throughout June, which saw a collapse of more than 97 percent in terms of arrivals and spending.El Pais newspaper described the first half of 2020 as the “most catastrophic semester ever recorded”.Figures showed only 10.8 million tourists visited the country in 2020, which is 71.7 percent less than the same period last year.This is a staggering decline saw spending drop by 70.6 percent.From January to June, there were 27.3 million fewer tourists and 28.4 billion euros less in revenues.In June alone, just 204,926 international tourists arrived in the country, a drop of 97.7 percent than the same month the previous year.In then same period, spending dropped by a catastrophic 98.6 percent.Madrid Open cancelled as coronavirus cases surge in SpainTUI holidays: Portugal holidays cancelled plus Spain flights updateCompared to June last year, overall spending has decreased to 651 euros, while those visiting the country has shortened trips by one day to an average of 5.7 days.The figure for national tourists rose to 920,778, bringing the total to 1,820,455 for overnight stays throughout June.However, these figures show less than 10 percent of the estimated totals in June last year.Tourism contributed 14.3 percent of GDP last year and fears the Spanish economy will collapse have been raised.While looking at booking data, Italy has already sold almost 80 percent of the availability online whereas Spain remains stuck at 72 percent.Spain has been one of the worst hit countries during the pandemic and several cities and regions are facing lockdown restrictions again as cases begin to climb.Last month, the UK imposed a two-week quarantine rule or people returning to the country from Spain.Announcing the news, the Government said in a statement: “The Joint Biosecurity Centre together with Public Health England has updated their coronavirus assessments of Spain based on the latest data.“As a result, Spain has been removed from the list of countries from which passengers arriving in England, Scotland, Wales and Northern Ireland are exempted from the need to self-isolate.“Protecting public health is our absolute priority and we have taken this decision to limit any potential spread to the UK.“We’ve always been clear that we would act immediately to remove a country where necessary.“Both our list of quarantine exemptions and the FCO travel advice are being updated to reflect these latest risk assessments.”Airlines reacted in fury to the new government guidelines saying they are blow to the British holidaymakers.EasyJet said: said: “We are disappointed that the government has decided to impose a quarantine requirement for those travelling from the whole of Spain since the increased occurrence of coronavirus is regional rather than nationwide.“We plan to operate our full schedule in the coming days.”With British Airways echoing: “While our flights continue to operate, we are disappointed that the government is now advising against all but essential travel to mainland Spain and re-introducing quarantine for holidaymakers returning from Spain with immediate effect, throwing thousands of Britons’ travel plans into chaos.“This is sadly yet another blow for British holidaymakers and cannot fail to have an impact on an already troubled aviation industry.”

In 2016, tourism accounted for 11 percent of Spanish GDP, according to the OECD. Tourism Statistics.

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