External sector

Portugal, a global tourist destination

• The Portuguese tourism sector is key to the economy, accounting for around 15% of GDP and 10% of employment. • Although Portugal is primarily a destination for European tourists, recently we are witnessing a notable increase in demand among non-European tourists, especially those from the US and China. Over the last few decades we have witnessed a notable expansion in international tourism. Worldwide, the number of tourists increased from 25 million in 1950 to 1.3 billion in 2017, and it is estimated that by 2030 the figure will reach...

Monthly Report - FocusDaniel Belo