Best answer: How much does the EU rely on UK tourism?

How much is UK Tourism worth to the EU?

Tourism contributes £106 billion to the British economy & GDP and supports 2.6 million jobs. By 2025 the UK tourism industry will be worth over £257 billion, around 10% of the UK GDP. The industry supports 3.8 million jobs and has a huge impact on the UK economy.

How much do UK holidaymakers spend in Europe?

UK spending on holiday travel to Europe 2011-2019

The total amount spent on holiday visits to Europe reached around 28.9 billion British pounds in 2019. The number of visits to Europe by UK holidaymakers exceeded 47.9 million the year before.

What percent of the EU economy is tourism?

The average for 2018 based on 22 countries was 5.7 percent. The highest value was in Croatia: 18.44 percent and the lowest value was in Germany: 1.5 percent. The indicator is available from 1995 to 2019.

How much does Spain rely on UK tourism?

Spain receives the largest proportion of UK outbound tourism spend, standing at £7.9 billion in 2016, equivalent to 18% of the world total and 31% of UK tourists’ entire spend in the EU27 countries. France follows with about half of the amount spent in Spain – £3.7 billion (14% of the EU27 total).

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Does Spain rely on British tourism?

Tougher restrictions would deliver a blow to the Spanish tourism sector, which relies significantly on British visitors. In 2019, UK tourists accounted for over 20% of all arrivals and spent a collective €500 million a week during the month of August.

How much do UK tourists spend in France?

In 2014 British tourists spent around five billion euros in France.

How much is UK Tourism worth to France?

Statistica reported that British tourists spent €5.77 billion in France in 2017 – up from €4.72 billion the previous year – representing a sizeable chunk of the €62 billion in receipts from international tourism.

How much money does Europe make from tourism?

“Tourism contributes 10% to EU GDP and creates jobs for 26 million people,” notes the European Union Tourism Trends report. Europe is the world’s leading tourist destination, it says. The 538 million foreign arrivals in 2017 represents a 40% share of international tourism (an 8% hike from 2016).

How many Brits go to Europe each year?

The total number of tourist visits made by residents of the United Kingdom (UK) to the European Union reached around 67 million in 2019. In comparison, the number of EU residents visiting the UK was much lower.