

Publisher: OECD Publishing
ISSN: 1608-0203
Source: SourceOECD Industry, Services & Trade, Vol.2008, Iss.1, 2008-02, pp. : 345-354
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
Tourism is one of the mainstays of the Spanish economy. It accounts for around 11% of GDP and employment, and contributes substantially to offsetting the trade deficit. With 58.5 million foreign tourists in 2006 (4.5% more than in 2005) and the tourism receipts of close to EUR 40.7 million (5.6% more than in 2005), Spain has consolidated its position as the second-largest destination in the world in terms of tourist arrivals and receipts. Over 1.7 million people work in Spain's tourism sector, the majority (67%) in the hotel sector.
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