Quick Answer: How much of Argentina’s economy is tourism?

How much money does Argentina make from tourism?

Argentina’s Tourism Revenue reached 6 USD bn in Dec 2019, compared with 6 USD bn in the previous year. Argentina’s Tourism Revenue data is updated yearly, available from Dec 1995 to Dec 2019. The data reached an all-time high of 6,058 USD mn in Dec 2011 and a record low of 1,716 USD mn in Dec 2002.

Does Argentina depend on tourism?

The tourism sector currently accounts for around 10 percent of both GDP and employment in Argentina.

What percentage of the economy is tourism?

The travel and tourism industry’s total GDP accounted for 5.5 percent of the global GDP in 2020.

What is the main source of income in Argentina?

Manufacturing is the largest single sector in the nation’s economy (15% of GDP), and is well-integrated into Argentine agriculture, with half the nation’s industrial exports being agricultural in nature.

How many tourists visited Argentina in 2019?

All data for Argentina in detail

Year Numberof tourists % of GNP
2019 7.40 m 1.3 %
2018 6.94 m 1.2 %
2017 6.71 m 0.91 %
2016 6.67 m 0.98 %

How does tourism affect the economy of Argentina?

In 2020, the travel and tourism sector contributed over 24 billion U.S. dollars to the gross domestic product (GDP) of Argentina. This represents a decline of roughly 38 percent versus the previous year’s figure.

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How does tourism help Argentina?

ECONOMIC IMPACT OF TOURISM IN ARGENTINA IS INCREASING

The Ministry of Tourism of Argentina estimated that during the New Year weekend the economic impact of tourism exceeded 3,600 million pesos (about US$193 million), with more than 1.2 million people traveling to the country.