Tourism

Economic impact

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Weight of international tourism revenue

2025

In GDP

9.5%

0.2 p.p Change 24/23

1.1 p.p Change 24/19

In Global Exports

21.7%

0.9 p.p Change 24/23

1.3 p.p Change 24/19

In Export of Services

47.9%

0.3 p.p Change 24/23

-2.5 p.p Change 24/19

In Exports of goods

39.5%

2.3 p.p Change 24/23

4.9 p.p Change 24/19

Source: TravelBI

Tourism as one of the country's largest economic export activities in 2025 (%)

Source: INE, I.P and Bank of Portugal

Tourism balance (billion €)

Source: Bank of Portugal

Tourism trade balance in European Union countries

2024 (billion €)

Source: Eurostat

Source: INE, I.P.

#12 / 119 countries

#5 / UE27

Tourism Competitiveness

Travel & Tourism Development Index 2024

Portugal stands out in:

General characterisation of tourism

2024

Companies

91 134

Number (Nr)

Turnover

42 893

Million of euros (M€)

People employed

456 777

Number (Nr)

Source: Bank of Portugal

Companies

2024

91134

2023

86 178

Source: Bank of Portugal

Turnover

2024

42 893 M€

2023

38 878 M€

Source: Bank of Portugal

People employed

2024

456 777

2023

425 496

Source: Bank of Portugal

Distribution by company size

2023

Number of companies

Turnover

Number of people employed

Distribution by economic activity

2023

Number of companies

Turnover

Number of people employed

Distribution by time of activity

2023

Number of companies

Turnover

Number of people employed

Source: Bank of Portugal

Evolution of economic and financial indicators

Turnover

(annual rate of change)

Tourism Sector

17.5%

2023

75.1%

2022

Transport and logistics

16.5%

2023

67.4%

2022

Accommodation and catering

16.4%

2023

69.8%

2022

Recreational and cultural activities

24.1%

2023

127.1%

2022

EBITDA​

annual rate of change

Tourism Sector

17.2%

2023

347.8%

2022

Transport and logistics

23.6%

2023

641.2%

2022

Accommodation and catering

15.2%

2023

98.2%

2022

Recreational and cultural activities

2.5%

2023

255.5%

2022

Return on equity

Tourism Sector

11.9%

2023

13.3%

2022

Transport and logistics

15.1%

2023

15.2%

2022

Accommodation and catering

10.9%

2023

12.0%

2022

Recreational and cultural activities

10.0%

2023

16.3%

2022

Financial autonomy

Tourism Sector

34.3%

2023

31.2%

2022

Transport and logistics

29.3%

2023

27.1%

2022

Accommodation and catering

36.5%

2023

33.2%

2022

Recreational and cultural activities

36.4%

2023

31.9%

2022

Source: Bank of Portugal

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