“Extraordinary” impact of tourism on Portuguese GDP

“Extraordinary” impact of tourism on Portuguese GDP  The Portugal News

“Extraordinary” impact of tourism on Portuguese GDP

Importance of Tourism in the Portuguese Economy

Former deputy prime minister Paulo Portas emphasized the significant role of tourism in the Portuguese economy during his speech at the 16th national convention of the Heavy Passenger Transport Association (ARP) in Braga. He stated that if it weren’t for the continuous growth of tourism, the Portuguese economy would likely be stagnant. This sector, unlike others, remains stable despite changes in government policies.

Geo-economic and Geopolitical Trends

Paulo Portas addressed around 200 ARP members, including those involved in tourist transport, and discussed the potential impact of geo-economic and geopolitical trends on the passenger transport sector, tourism, and the overall Portuguese economy. He highlighted the fact that tourism has been one of the main drivers behind the 2% growth of the national economy this year, surpassing the growth rate of the European economy. He further emphasized that tourism is on track to contribute to 20% of Portuguese GDP, which is an extraordinary achievement.

Ensuring Quality Treatment for Foreign Tourists

Paulo Portas stressed the importance of treating foreign tourists well during their visits to Portugal. He argued that as a country, Portugal is not wealthy, and therefore, it is crucial to generate wealth intelligently. He expressed his belief that the growth trend in the tourism sector will continue, unless there is a global crisis.

Sustainable Development Goals (SDGs)

  1. Goal 8: Decent Work and Economic Growth
  2. Goal 12: Responsible Consumption and Production
  3. Goal 14: Life Below Water
  4. Goal 17: Partnerships for the Goals

Goal 8: Decent Work and Economic Growth

  • Tourism plays a significant role in providing employment opportunities and contributing to economic growth in Portugal.
  • The stability of the tourism sector, despite changes in government policies, ensures a steady source of income for many individuals and businesses.

Goal 12: Responsible Consumption and Production

  • Portugal’s tourism industry must prioritize responsible consumption and production practices to minimize its environmental impact.
  • Efforts should be made to promote sustainable tourism, including the preservation of natural resources and the reduction of waste.

Goal 14: Life Below Water

  • As a coastal country, Portugal’s tourism industry should contribute to the preservation and protection of marine ecosystems.
  • Efforts should be made to promote sustainable fishing practices and reduce pollution in coastal areas.

Goal 17: Partnerships for the Goals

  • Collaboration between the government, private sector, and civil society is essential for the sustainable development of the tourism industry in Portugal.
  • Partnerships can help address challenges such as infrastructure development, capacity building, and the promotion of sustainable tourism practices.

 

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