In 2024, the total contribution of travel and tourism to Germany's gross domestic product (GDP) amounted to *** billion euros. This figure, which includes the direct, indirect, and induced impact of the travel and tourism market, was predicted to reach an estimated *** billion euros in 2025.

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This statistic shows the contribution of travel and tourism to GDP in Germany in 2017, by type. Travel and tourism indirectly contributed approximately 153 billion euros to the German economy in 2017.

A 2023 study analyzed the direct contribution of travel and tourism to Berlin's gross domestic product (GDP). As estimated, these industries' direct contribution to GDP in the German capital was expected to reach nearly 6.6 billion euros in 2022. While this figure denotes a sharp increase compared to the first two years of the coronavirus (COVID-19) pandemic, it did not catch up yet with pre-pandemic levels.

The direct contribution of travel and tourism to Munich's gross domestic product (GDP) was forecast to rise significantly in 2022 compared to the first two years of the coronavirus (COVID-19) pandemic. Despite the sharp annual increase, these industries' direct contribution to GDP in the German city was expected to remain below pre-pandemic levels, amounting to 8.45 billion euros in 2022.

The tourism openness over gross domestic product in Germany has remained relatively stable over the period from 2007 to 2019. According to data from the UNWTO, tourism openness over GDP in Germany was at *** percent in 2019.

In 2024, the total contribution of travel and tourism to the global gross domestic product (GDP) amounted to 10.9 trillion U.S. dollars. This figure, which includes the direct, indirect, and induced impact of the global travel and tourism market, represented an increase in total contribution to GDP of 5.8 percent over 2019. As forecast, the total contribution of the travel and tourism sector to the global GDP was expected to reach 11.7 trillion U.S. dollars in 2025. Which countries record the highest travel and tourism contribution to GDP? GDP is the total value of all goods and services produced in a country in a year. It is considered an important indicator of a country's economic strength, and a positive change in GDP is a sign of economic growth. Both before and after the impact of COVID-19, the United States and China were by far the leading travel markets based on the total contribution of travel and tourism to GDP, followed by Germany, Japan, and the United Kingdom. What are the most visited countries in the world? In 2023, France was the country with the highest number of international tourist arrivals worldwide, welcoming 100 million international visitors. While the United States reported the third-highest number of inbound tourist arrivals that year, it was the destination with the highest international tourism receipts worldwide, ranking ahead of Spain and the United Kingdom.

The tourism sector GDP share in Germany was forecast to continuously increase between 2023 and 2028 by in total *** percentage points. The share is estimated to amount to **** percent in 2028.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Switzerland and Austria.

In 2024, the services sector's share in Germany's gross domestic product amounted edged over 70 percent, while the secondary and primary sectors generated less than a third of GDP together. At your service The tertiary, or services, sector encompasses all kinds of intangible goods, like consulting and advice, transport, or attention. If a country generates its GDP mostly via services, this is often through industries like housing, tourism (including accommodation and hospitality), financial services, or telecommunications. Germany is a popular tourist destination and an important financial hub. Germany is not a “service desert” The services sector in Germany not only generates most of the country’s GDP, it also employs the vast majority of the workforce with over 70 percent. Lately, business confidence in the German services sector has increased significantly, which suggests a stable economy and ideally an increase in production and output in the future. This projection is supported by rising GDP and a stable inflation rate at around two percent.

Gross Domestic Product (GDP) is a measure of the total economic output of a country. It is the sum of all the goods and services produced within a country over a given period. The GDP of a country is an important indicator of its economic health and can be used to compare the economic performance of different countries.

According to the World Bank, the United States has the highest GDP of any country in the world, with a value of $23.3 trillion. The American economy is one of the most diversified and technologically advanced in the world which contributes to the US’s large GDP. China is the second-largest economy in the world, with a GDP of $17.7 trillion. Japan, Germany, India, the United Kingdom, and France round out the top seven, all with GDPs over $3 trillion.

On the other hand, there are countries with low GDPs. The country with the lowest GDP in the world is Nauru, with a value of $133.2 million. Palau, Marshall Islands, Federated States of Micronesia, and São Tomé and Príncipe are some other countries with low GDPs. These countries are typically characterized by limited natural resources, small populations, geographic isolation, and a heavy reliance on tourism or foreign aid.

It is important to note that GDP is not necessarily an accurate reflection of the economic well-being of a country’s citizens. While a high GDP indicates a large and productive economy, it does not necessarily mean that all citizens are equally prosperous. Countries with lower GDPs may also have a higher standard of living if income is distributed more equally among the population.

Domestic spending accounts for the highest share of travel and tourism spending in Germany. In 2023, domestic travelers generated roughly ** percent of travel and tourism spending in Germany, denoting an increase of *** percentage points from 2019.

In 2024, Germany’s GDP ranged at around 4.68 trillion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards six trillion U.S. dollars by 2030. Germany has the third-largest GDP in the world, after the United States and China. The national debt of Germany has steadily been falling since 2012 and is now about a quarter of the size of Japan’s and half that of the United States. Development of GDP per capita Gross domestic product per capita in Germany has been increasing since 2015 and experienced its last period of decline between the mid-nineties and early noughties. In 2001, GDP per capita was the lowest it had been since the early nineties, but more than doubled by the time of the financial crisis in 2008. GDP per capita fluctuated throughout the subsequent decade, before reaching around 48,000 U.S. dollars in 2018. Largest economic sectors The service sector generates the highest share of GDP in Germany at nearly 70 percent. Finance and telecommunications are a large part of the service sector, as well as tourism – including hospitality and accommodation. Roughly a quarter of GDP currently comes from the production industry, not including construction. Agriculture, fishing, and forestry make up less than one percent.

In 2023, the share of travel and tourism's total contribution to GDP in European Union member countries and the United Kingdom remained in most cases below the figures reported before the COVID-19 pandemic, but showed strong signs of recovery. Overall, Croatia was the EU country where travel and tourism contributed the highest share of gross domestic product in 2023. That year, these industries generated, directly and indirectly, nearly ** percent of the country's GDP. Portugal and Greece followed in the ranking in 2023, with travel and tourism representing **** percent and **** percent of GDP, respectively.

The DACH region in Europe comprises the countries of Germany (D), Austria (A), and Switzerland (CH). In 2024, the gross domestic product (GDP) of all DACH countries amounted to approximately **** trillion U.S. dollars. Just under ** percent of this was from Germany, while ** percent came from Switzerland, and * percent from Austria. In comparison to population distribution across the region, Switzerland's GDP per capita was much higher than the other two countries. Germany’s economy Germany’s economy is the largest in Europe, with the majority of the country’s GDP coming from its service sector. The country’s service sector encompasses tourism, financial services, real estate, and other industries. This reflects Germany’s standing as a central financial and political pillar of the European Union, and its position as a popular tourist destination. Grouping the DACH countries The DACH countries are closely associated both geographically and culturally, primarily through shared use of the German language. The region hosts over 100 million inhabitants, with a life expectancy at birth of around 82 years, ten years more than global life expectancy. The DACH countries enjoy a high standard of living, which is reflected in a large GDP per capita in each country.

The tourism sector GDP share in Switzerland was forecast to increase between 2023 and 2028 by in total *** percentage points. This overall increase does not happen continuously, notably not in 2026 and 2028. The share is estimated to amount to **** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Austria and Germany.

In 2023, the share of travel and tourism's total contribution to Italy's gross domestic product (GDP) nearly equaled the figure reported in 2019, the year before the onset of the COVID-19 pandemic. Overall, travel and tourism generated, directly and indirectly, roughly **** percent of the country's GDP in 2023. That year, the total contribution of travel and tourism to GDP in Italy amounted to nearly *** billion euros. What is the contribution of travel and tourism to employment in Italy? In 2023, the total contribution of travel and tourism to employment in Italy recovered from the impact of the health crisis. Overall, these industries generated, directly and indirectly, just under ************* jobs in 2023, denoting a ****-percent increase from 2019. What are the leading inbound tourism markets in Italy? In 2023, the total international tourist expenditure in Italy, including overnight and same-day visitors, surpassed ** billion euros, the highest figure reported to date. When breaking down the inbound tourism expenditure in Italy by country, Germany ranked as the leading market, ahead of the United States, the United Kingdom, and France.

In 2023, the total contribution of travel and tourism to Greece's gross domestic product (GDP) nearly recovered from the impact of the COVID-19 pandemic, being just *** percent lower than in 2019. Overall, the total contribution of these industries to Greece's GDP amounted to **** billion euros in 2023. This figure was forecast to reach an estimated **** billion euros in 2024. The economic contribution of travel and tourism in Greece Travel and tourism play a prominent role in supporting the Greek economy. In 2023, these industries accounted for more than ** percent of the country’s GDP. That was the third-highest share of travel and tourism's total contribution to GDP in EU countries that year. In terms of travel and tourism’s total contribution to employment, these markets supported over ******* jobs in 2023. What are the leading inbound travel markets in Greece? In 2023, the number of international tourists in Greece surpassed ** million, exceeding pre-pandemic levels. That year, Germany was the leading inbound travel market in Greece based on the number of arrivals, ahead of the United Kingdom, Italy, and France.

With a Gross Domestic Product of over 4.3 trillion Euros, the German economy was by far the largest in Europe in 2024. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 7.4 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.95 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.

In 2024, Germany was the leading inbound travel market in Greece based on the number of arrivals. That year, the number of arrivals by German travelers totaled *** million. The United Kingdom and Italy followed in the ranking in 2024, with around *** million and *** million arrivals, respectively. How many inbound tourists visit Greece? The number of inbound travelers in Greece grew by roughly ** percent in 2024 over the previous year, peaking at over ** million. As the number of international travelers reached the highest figure recorded by the country to date, the value of international travel receipts in Greece followed the same trend, exceeding ** billion euros in 2024. The importance of travel and tourism for the Greek's economy In 2023, travel and tourism represented almost ** percent of Greece's gross domestic product (GDP). That was the third-highest share of travel and tourism's total contribution to GDP among EU countries. When considering the total contribution of travel and tourism to employment in Greece, those markets supported, directly and indirectly, around ******* jobs that year.

In 2023, travel and tourism contributed *** percent to Africa's gross domestic product (GDP), up from *** percent in the previous year. During the period in review, 2019 recorded the highest contribution, seven percent. Furthermore, travel and tourism was estimated to contribute to *** percent of the continent's GDP in 2024.