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Hellenic > Blog > Business > At 21 billion tourism revenues in the first ten months of 2024
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At 21 billion tourism revenues in the first ten months of 2024

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Last updated: 2024/12/26 at 1:57 AM
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At 21 billion tourism revenues in the first ten months of 2024
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According to data from the Bank of Greece

The 21 billion revenues from the tourism in the ten months of January – October, this year.

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According to data from the Bank of GreeceRelated Tags

According to the data of the Bank of Greece, travel receipts recorded an increase of 5.5% compared to the corresponding period of 2023 and amounted to 20.935 billion. euro. This development is due to the increase in receipts from residents of the EU-27 countries by 7.7% to 11.674 billion. euros and receipts from residents of other countries by 0.3% to 8.244 billion. euro. In more detail, receipts from residents of the euro zone countries amounted to 9.159 billion. euros, increased by 4.1%, while receipts from residents of the EU-27 countries outside the euro area also increased by 23.5%, reaching 2.514 billion. euro.

The increase in tourism revenue reflects the increased tourist traffic as the number of tourists who visited our country during this period recorded an increase of 9.2% and amounted to 33.788 million travelers, compared to 30.933.6 million travelers in the corresponding period of 2023 In particular, travel traffic through airports increased by 9.9% and that through road border stations by 8.5%. During the reviewed period, travel traffic from EU-27 countries amounted to 20,730 million. travelers, showing an increase of 10.7% compared to the corresponding period of 2023, while travel traffic from other countries increased by 7.0% to 13.57 million. travelers. Travel traffic from the countries of the euro area increased by 11.9%, as well as travel traffic from the EU-27 countries outside the euro area, by 8.3%, was noted in the EIA.

It is recalled that in the ten months of January-October 2024, the travel balance showed a surplus of 18.664 billion. euros, against a surplus of 17.834 billion euros in the corresponding period of 2023. An increase of 1.094 billion Euros or 5.5% were presented by travel receipts, which amounted to 20,935 million. euros, while an increase of 264.7 million euros or 13.2% was also observed in travel payments, which amounted to 2,270.7 billion. euro. The increase in travel receipts was driven by a 9.2% rise in inbound travel traffic as average spend per trip fell 4.3%. Net receipts from the provision of travel services offset 63.8% of the deficit in the goods balance and contributed 85.2% to total net receipts from services.

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Tourism Bank of Greece

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TAGGED: Bank of Greece, billion, months, revenues, Ten, Tourism

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Hellenic December 26, 2024 December 26, 2024
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