Spain received 53.4 million international tourists by 31 July, marking a 12% increase from the previous year, according to new data out this week.
This influx generated €71.1 billion for the economy, as reported by Spain's National Institute of Statistics (INE). This record high in tourism revenue represents an 18% rise compared to last year's record.
The country’s tourism minister Jordi Hereu described the figures as “an injection of prosperity” for the Spanish economy as he arrived at the 38th annual digital economy and telecommunications meeting organised by Ametic in Santander.
In July, the average spending per tourist was €1,432, a 4% increase from 2023. Daily expenditure also rose by 2%, reaching €195 per person, according to the data.
“These figures corroborate the fact that tourism continues to drive the country's economy, generating wealth and employment,” the tourism minister stated.
Spain welcomed 10.9 million international tourists in July alone, a 7.3% increase compared to the same month in 2023, Sur in English reports.
The majority of visitors came from the UK, totalling over two million, which is a 2.6% rise from July of the previous year. France contributed 1.6 million tourists, marking a 3.4% increase, while Germany sent 12 million tourists, up by 6.6%.
Furthermore, most tourists visiting Spain in July favoured the Balearic Islands as their primary destination, accounting for 234% of the total. They were followed by Catalonia, with 22.1%, and Valencia, which attracted 13.6% of the tourists.
In addition, total expenditure by international tourists in Spain reached €15.5 billion in July, marking an 11.9% increase compared to the same month in 2023, according to the INE.
The regions with the highest tourist spending in July were the Balearic Islands, which accounted for 24.4% of the total, Catalonia with 20.1%, and Valencia with 13.3%.
Moreover, tourist expenditure saw an annual increase of 16.2% in the Balearic Islands, 2.1% in Catalonia, and 20.1% in Valencia, according to the INE.
Categories
Fastest growth in Spain's services sector activity since May 2023
Spain's services sector activity grew last month at the fastest pace in nearly a year as robust demand resulted in businesses increasing capacity and recruiting additional staff, according to the findings of a survey published on Monday.
posted on 06.05.2024
Spanish banks' lending income growth forecast to slow down
Growth in the lending income of Spanish banks is forecast to decelerate this year due to a gradual rise in deposit remuneration, whilst bad loans could increase due to the impact of global geopolitical tensions on the economy
posted on 16.04.2024
Spain to launch public tech investment firm with €20bn capital
Spain is due to launch a new state-owned tech investment company to bolster the semiconductor and audiovisual industries, amongst others, according to an announcement by Digital Transformation Minister Jose Luis Escriva on Monday.
posted on 27.02.2024
deVere Spain’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Spain’s Head of Public Relations on george.prior@devere-spain.es or call +44 2071220925