Travel and tourism's direct contribution to GDP in Iceland 2012-2028

Direct contribution of travel and tourism to GDP in Iceland from 2012 to 2018, with a forecast for 2028

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Source

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Release date

March 2018

Region

Europe, Iceland

Survey time period

2012 to 2018

Supplementary notes

* Based on real 2017 prices.
** Estimate.
*** Forecast.

The following indicators were used to calculate the value of direct contribution:
Internal tourism consumption (Visitor exports & Domestic expenditure),
Purchases by tourism providers, including imported goods (supply chain).

The source provides the following definition: "GDP generated by industries that deal directly with tourists, including hotels, travel agents, airlines and other passenger transport services, as well as the activities of restaurant and leisure industries that deal directly with tourists. It is equivalent to total internal Travel & Tourism spending within a country less the purchases made by those industries (including imports)."

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