The research analyzes the contribution of tourism to the Greek financial system for the 12 months 2023, in addition to in relation to 2022 and 2019. The figures for Inbound and Home Tourism, Investments in addition to the Oblique and Induced Results of tourism exercise on the Financial system are analyzed.
In keeping with newest INSETE report, inbound tourism in 2023 in Greece recorded new peaks in each arrivals and revenues, surpassing even the degrees of 2019. Particularly, in 2023:
- Inbound tourism receipts amounted to 19.8 billion euros, up +12.2% in comparison with 2019 (17.7 billion euros) and +14.9% in comparison with 2022 (17.3 billion euros).
- Together with cruise revenues, receipts amounted to twenty.7 billion euros, up +13.8% in comparison with 2019 (18.2 billion euros) and +17.0% in comparison with 2022 (17.7 billion euros).
- Inbound tourism arrivals reached 32.7 million in 2023, up +4.4% in comparison with 2019 (31.3 million) and +17.6% in comparison with 2022 (27.8 million).
- Taking cruise tourism under consideration, arrivals reached 36.1 million in 2023, up +6.1% in comparison with 2019 (34.0 million) and +20.8% in comparison with 2022 (29.9 million).
- the direct influence of tourism (together with inbound tourism, cruises, airline and ferry revenues, home tourism, and tourism investments) on the Greek financial system in 2023 – at present costs – was 28.5 billion euros, similar to 13.0% of the nation’s GDP, whereas if its oblique contribution by means of multipliers is included, it corresponds to about 30% (between 28.5% and 34.3%).
- the direct influence of tourism elevated by +23.5% in comparison with 2019 (23.1 billion euros) with important will increase in all particular person expenditures (inbound, cruise, transport, home, funding).
- in comparison with 2022, when the direct influence was 23.9 billion euros, the rise in 2023 was 19.5%, additionally with important will increase in all particular person expenditures.
- It’s noteworthy the rise in funding to five.1 billion euros, of which 2.5 billion euros in home worth added, in comparison with €2.7 billion / €1.2 billion in 2019 and three.7 billion euros / 1.7 billion euros in 2022 respectively.
- the efficiency of cruise (3.3 million arrivals, 8.3 million in a single day stays and 847 million euros in receipts), confirmed a rise of +64%, +155% and +102% respectively in comparison with 2022 and +26%, +104% and +70% in comparison with 2019.
Tourism_and_Greek_Economy_2022-2023
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