Spain's Tourism Industry and Economic Impact
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Economic Importance of Tourist Activity
Tourism is a phenomenon that generates the displacement of population for reasons of leisure, recreation, health, and cultural knowledge, and relates to other activities such as rest and sports. Tourism became a mass phenomenon from the 1950s due to increased living standards of the population, changing social and cultural values, and the improvement of transport media and infrastructure.
Currently, tourism is one of the main economic activities of our country. It generates enough jobs and occupies almost 9.3% of the active population. It contributes 11% of the GDP, which is why it is one of the main pillars of economic prosperity. It compensates for the slowing trade balance in external politics and debt.... Continue reading "Spain's Tourism Industry and Economic Impact" »