Spain Hotel Business

Spain · Hospitality

Tourism reached 12.6% of Spain’s GDP and 12.3% of employment in 2024

Spain’s tourism satellite account puts tourism GDP at EUR 200.7 billion and employment in characteristic tourism industries at 2.78 million jobs in 2024. The two series moved from different starting points in 2021.

Sources checked

Tourism in the economySpain’s tourism shares of GDP and jobs

Tourism share of GDP

Shared scale · 0% to 12.6%

  • 20217.8%
  • 202212.1%
  • 202312.4%
  • 202412.6%

The two series share a percentage scale. Switch views to see how they changed since 2021.

Source 1 Source 2

Two denominators behind two shares

The GDP figure measures tourism's contribution to the economy in the satellite account. Employment covers jobs in industries that the account identifies as characteristic of tourism. A hotel can belong to such an industry while also serving local customers. Source 1 Source 2

What changed after 2021

Tourism went from 7.8% of GDP in 2021 to 12.6% in 2024, a rise of 4.8 percentage points. Its employment share rose 1.5 points over the same period. A rise in current-price GDP can reflect changes in both prices and volumes. Source 1

Inbound consumption became the larger component

The account attributes 55.6% of internal tourism consumption to inbound tourism in 2024, up from 40.2% in 2021. Internal tourism consumption covers inbound and domestic tourism consumption within Spain. That share describes spending composition. Source 1 Source 2

Read advance and provisional estimates as vintages

The figures are the observations in the 2024 release. INE labels 2023 provisional and 2024 advance. Later editions can revise both the numerator and the economy-wide reference totals. Source 1

Sources

Open the data and source notes