In 2023, the total contribution of travel and tourism to the gross domestic product (GDP) in Europe nearly equaled the figure from 2019, recovering from the impact of the COVID-19 pandemic. Overall, the total contribution of these industries to Europe's GDP amounted to roughly 2.25 trillion euros in 2023. As predicted, this figure was expected to reach an estimated 2.4 trillion euros in 2024.
Total contribution of travel and tourism to GDP in Europe in 2019 and 2023, with a forecast for 2024 and 2034
(in trillion euros)
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WTTC. (May 30, 2024). Total contribution of travel and tourism to GDP in Europe in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/617528/travel-tourism-total-gdp-contribution-europe/
WTTC. "Total contribution of travel and tourism to GDP in Europe in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion euros)." Chart. May 30, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/617528/travel-tourism-total-gdp-contribution-europe/
WTTC. (2024). Total contribution of travel and tourism to GDP in Europe in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/617528/travel-tourism-total-gdp-contribution-europe/
WTTC. "Total Contribution of Travel and Tourism to Gdp in Europe in 2019 and 2023, with a Forecast for 2024 and 2034 (in Trillion Euros)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/617528/travel-tourism-total-gdp-contribution-europe/
WTTC, Total contribution of travel and tourism to GDP in Europe in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion euros) Statista, https://www.statista.com/statistics/617528/travel-tourism-total-gdp-contribution-europe/ (last visited November 21, 2024)
Total contribution of travel and tourism to GDP in Europe in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion euros) [Graph], WTTC, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/617528/travel-tourism-total-gdp-contribution-europe/