TOURISM BOOMS IN NORTHERN PORTUGAL
In 2017, Portugal broke records in terms of tourist numbers and revenue. It welcomed over 23M tourists and 50M passengers at its airports. While the share of revenue directly linked to tourism in GDP reached 7.1 %.
The Portuguese National Institute of Statistics (INE) has just announced. That Portugal's northern region would have seen growth in tourism terms in 2018 that is double the national average.
The benefits would have ranged from 12 to 12.5% if we take into account overnight stays in particular, whereas at national level the same figures were 6% to 6.5%. This can be explained, in particular, by the fact that, until now, the region has been less well known. External" markets accounted for 71% in 2018, compared with 56.1% for non-residents over the same period.
The year 2025 begins with increases in several key sectors in Portugal, marking... Read more
The Portuguese government recently announced an increase in the national minimum wage (SMN) to 870... Read more
Find out how the Portuguese tax system affects companies, with details on taxation,... Read more
The United Kingdom has long been recognized for its economic dynamism, political stability and... Read more
If you want to run an e-commerce business in the UK, it's crucial to know how to... Read more
On September 20, 2024, the Portuguese Tax and Customs Authority unveiled its business plan for... Read more
Our site uses cookies.
Read more