Tourism revenues in Portugal increased by 2.2 percent to EUR 1.63 billion in May 2019 from EUR 1.60 billion in the same month of the previous year. In 2018, tourism revenues rose by 9.6 percent to a new record of EUR 16.6 billion from EUR 15.2 billion in 2017. Tourism Revenues in Portugal averaged 668.68 EUR Million from 1996 until 2019, reaching an all time high of 2196.02 EUR Million in August of 2018 and a record low of 199.98 EUR Million in February of 1996.

Tourism Revenues in Portugal is expected to be 1950.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourism Revenues in Portugal to stand at 1510.00 in 12 months time. In the long-term, the Portugal Tourism Revenues is projected to trend around 1600.00 EUR Million in 2020, according to our econometric models.

Portugal Tourism Revenues
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Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1833.26 -1615.46 3.55 -2524.87 EUR Million [+]
Current Account -1563.85 8.56 1105.17 -2590.60 EUR Million [+]
Current Account to GDP -0.60 0.50 3.10 -14.70 percent [+]
Imports 6586.95 7232.95 7232.95 0.00 EUR Million [+]
Exports 4753.68 5617.49 5617.49 1.69 EUR Million [+]
External Debt 414409.79 412765.99 421132.40 56392.07 EUR Million [+]
Capital Flows -1420.85 63.68 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 430.87 1200.20 6288.10 -3307.52 EUR Million [+]
Remittances 281.67 357.30 515.40 153.66 EUR Million [+]
Tourism Revenues 1632.65 1425.05 2196.02 199.98 EUR Million [+]
Gold Reserves 382.50 382.50 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.00 1.85 0.00 [+]
Tourist Arrivals 4985372.00 4874830.00 5997806.00 88000.00 [+]
Weapons Sales 3.00 56.00 172.00 0.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Portugal Tourism Revenues

In Portugal, tourism and all travel-related revenues account for about 10 percent of the country's gross domestic product. The tourism sector is also a key source of employment and big component of exports of services. This page provides - Portugal Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Tourism Revenues - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1632.65 1425.05 2196.02 199.98 1996 - 2019 EUR Million Monthly
NSA




Country Last Previous
China 5.97 Dec/18
France 6134.00 Jun/19
Italy 4434.32 Jun/19
Japan 19930000.00 Jun/19
Mexico 1976639.05 Jun/19
Saudi Arabia 14848.00 Dec/17
South Korea 1500300.00 Jun/19
Spain 5333.00 May/19
Switzerland 3991.53 Mar/19
Turkey 3338.00 Jun/19
United Kingdom 1650.00 Mar/19
United States 20875.00 Jun/19


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