US$17m in international tourism receipts for Portugal in 2017
Among the top countries in Europe generating more value from tourism, there is Spain, with 13.1% of the total share of international tourism receipts, while Portugal got 3.3% last year, or $17m.
The difference from the revenue of 2010 is substantial: it accounts for a US$ 7 million increase in profits coming from international tourism receipts, the UNWTO Tourism Highlights 2018 Edition, published this Monday, showed.
When compared to last year’s (2016) results, Portugal increased its revenue by about US$ 4 million.
The results from the report show that “international tourist arrivals grew 7% in 2017, the highest increase since 2010”, while the “growth in arrivals” was responsible for a “strong increase in exports generated by tourism” — and tourism, according to the UNWTO, is the world’s third largest export sector — which reached US$1.6 trillion in 2017.
Tourism receipts increased by 5% in 2017, and in the Portuguese case, they increased from US$10 million to US$17 million, which accounts for a total of 3.3% of the total share of international tourism receipts in Europe.
The European region taking the biggest share of international tourism receipts is the Southern/Mediterranean Europe (38.4%), followed by Western Europe (32.8%), Northern Europe (17.5%) and Eastern Europe (11.5%).
The Portuguese receipts were higher than the Greek (US$ 16.5 million), but they were lower than Turkey’s (US$ 22.4 million) and Spain’s profits (US$ 67.9 million). Portugal is in fourth place of who is getting more revenue from tourism in the south of Europe and shares the 8th place with Switzerland, which has also taken 3.3% of the total share of international tourism receipts in Europe.
