What percentage of Ireland’s GDP is tourism?

How much is tourism worth to the Irish economy?

The Irish tourism industry earned an estimated €9.3 billion in 2019 – down 1% on the record high of 2018. 9.7 million overseas tourists spent close to €5.2 billion in the country, plus an estimated €1.75 billion by visitors in fares paid to Irish air and sea carriers.

How big is Ireland’s tourism industry?

Ireland received 9.3 million international tourists in 2018, up 6.3% over 2017. Mainland European and long-haul markets also performed well and while revenues from Great Britain declined, it continues to be an important volume market.

What percentage of GDP is tourism?

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

What percentage of UK GDP is tourism?

Britain will have a tourism industry worth over £257 billion by 2025 – just under 10% of UK GDP and supporting almost 3.8 million jobs, which is around 11% of the total UK number. Tourism’s impact is amplified through the economy, so its impact is much wider than just the direct spending levels.

How much does Ireland make in tourism?

Tourism revenue in Ireland 2012-2018

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Since 2012, the annual tourism revenue in Ireland has increased steadily. In 2012, it amounted to roughly 5.6 billion euros. In 2019, the total tourism spending peaked at nearly 9.4 billion euros.

Why is Ireland’s tourism decreasing?

They said this decline of 97.47 per cent can be explained by all the measures taken by the Irish government to stop the pandemic, which resulted in restrictions for foreigners to enter the country. … The majority of tourists in Ireland in 2020 came from the UK, (7,037,200 tourists in 2019 ; 1,747,100 in 2020).

How many jobs does tourism create in Ireland?

Travel and tourism is estimated to have directly and indirectly contributed a total of over 127 thousand jobs in Ireland in 2018, with this figure expected to rise by 2028.

What is the Irish tourism product?

Tourism is one of Ireland’s most important economic sectors. According to the latest estimates, in 2018, out of state (Overseas and Northern Ireland) tourists generated €5.6 billion for the Irish economy. This figure rises to €7.3 billion when fare receipts to Irish carriers are included.

Which country has highest GDP from tourism?

List of Countries by Tourism Income

Rank Country Percentage of GDP
1 United States of America 1.1
2 Spain 5.2
3 France 2.3
4 Thailand 12.6

How much of economy is tourism?

Tourism is an important sector in the global economy. Today, 10.4% of the world’s GDP and 7% of the world’s total exports come from tourism. The industry is worth over US$ 1.1 trillion.