Spain Breaks Record in Tourism with 71 Billion Euros

Spain achieved a historic record in tourism in the January-July period of 2024. According to the statement made by the Spanish National Institute of Statistics (INE), the number of tourists coming to the country during this period reached 53 million 370 thousand, while tourism revenue exceeded 71 billion Euros. These data reveal that a new record has been broken in tourism, showing a significant increase compared to previous years.

Significant Increase in the Number of Tourists and Revenues

According to INE data, the number of tourists coming to Spain in the first seven months of 2024 increased by 12 per cent compared to the same period of the previous year and reached 53 million 370 thousand. It was reported that 10 million 900 thousand tourists came to the country in July alone. This intense flow of tourists once again revealed the country's vitality and attractiveness in the tourism sector.

A similar increase was observed in tourism revenues. In the first seven months of 2024, tourism revenues exceeded 71 billion Euros, an increase of 18.6 per cent compared to the same period of the previous year. This means that Spain has reached a historic peak in tourism revenues.

Record Breaking Data and Contribution to the Economy

INE stated that this data confirms a record-breaking year for the Spanish tourism sector compared to previous years. Jordi Hereu, Minister of Industry and Tourism, drew attention to this increase in tourism revenues and said: ‘INE's data confirm that tourism continues to drive the Spanish economy, creating wealth and jobs in the sector.’ Hereu emphasised the contribution of tourism to the economic growth of the country and underlined the job opportunities provided by the sector.

End of Year Expectations and Future in Tourism

Spain hosted over 85 million tourists for the first time in 2023 and this number is expected to be exceeded by the end of 2024. This expectation shows that the country's rising graph in the tourism sector continues. Spain continues to attract millions of tourists every year with its historical and cultural richness, sunny climate and coastal destinations.

This positive trend in tourism continues to make significant contributions to Spain's economic growth and employment. Especially the increase in tourism revenues continues to be a major driving force for the country's economy. The tourism sector continues to strengthen its position as one of Spain's most important economic engines.

Spain's tourism performance for 2024 reinforces the country's strong position in the global tourism market. Record tourist numbers and revenues stand out as an indicator of the country's success in tourism. This success continues to create great value for Spain, both in terms of its contribution to the economy and the employment opportunities it creates.