Due to the coronavirus (COVID-19) pandemic, Portugal's tourism balance of payments was harshly affected, declining by more than 60 percent in 2020 over the previous year. And, despite the recovery in 2021, the tourism payment balance in the Iberian country remained around 51.5 percent below 2019. In 2022, however, the payment balance rose to 15.6 billion euros and to 18.8 billion euros in 2023.
Balance of payments in the travel and tourism sector in Portugal from 2010 to 2023
(in billion euros)
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Statistics Portugal. (July 6, 2024). Balance of payments in the travel and tourism sector in Portugal from 2010 to 2023 (in billion euros) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1268226/tourism-balance-of-payments-portugal/
Statistics Portugal. "Balance of payments in the travel and tourism sector in Portugal from 2010 to 2023 (in billion euros)." Chart. July 6, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1268226/tourism-balance-of-payments-portugal/
Statistics Portugal. (2024). Balance of payments in the travel and tourism sector in Portugal from 2010 to 2023 (in billion euros). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1268226/tourism-balance-of-payments-portugal/
Statistics Portugal. "Balance of Payments in The Travel and Tourism Sector in Portugal from 2010 to 2023 (in Billion Euros)." Statista, Statista Inc., 6 Jul 2024, https://www.statista.com/statistics/1268226/tourism-balance-of-payments-portugal/
Statistics Portugal, Balance of payments in the travel and tourism sector in Portugal from 2010 to 2023 (in billion euros) Statista, https://www.statista.com/statistics/1268226/tourism-balance-of-payments-portugal/ (last visited November 22, 2024)
Balance of payments in the travel and tourism sector in Portugal from 2010 to 2023 (in billion euros) [Graph], Statistics Portugal, July 6, 2024. [Online]. Available: https://www.statista.com/statistics/1268226/tourism-balance-of-payments-portugal/