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.