In 2024, the Direct Gross Value Added Generated by Tourism (GVAGT) and Tourism Consumption in the Economic Territory (TCET) registered nominal increases of 6.5%, revealing a slightly higher dynamism than the national economy (national GVA and GDP grew 6.2% and 6.4%, respectively).
GVAGT represented 8.1% of the national GVA, in 2024, and TCET was equivalent to 16.6% of national GDP, maintaining the historical hights records.
Applying the Integrated System of Symmetric Input-Output Tables (SIOT) to the main results of the Tourism Satellite Account, it is estimated that tourism activity generated a total contribution (direct and indirect) of 34 thousand million euro to GDP in 2024, corresponding to 11.9% (12.0% in 2023 and 11.2% in 2022). These results reflect a contribution of 0.3 percentage points (p.p.) to real GDP growth in 2024 (1.9%).
Between 2021 and 2022, employment in tourism-characteristic activities, measured in full-time equivalent (FTE), registered significant growth (14.2%), above that observed in the national economy (5.7%), representing 9.8% of total employment in the national economy (9.0% in 2021).
Compensation of employees in tourism-characteristic activities represented 8.4% of total compensation of employees in national economy, and the average compensation per worker in these activities corresponded to 91.1% of the national average.