Latest news and stories about tourism economy in Portugal for expats and residents.
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Portugal ranks 5th in the European Union for the largest revenues generated.

Portugal ranked fifth among EU countries in 2024 for revenue generated by foreign tourists (tourism receipts).

Spain tops the list with 98,000 million, followed by France, Italy and Germany.

In 2024 Portugal was the fifth country in the European Union with the highest revenues generated by foreign tourists, amounting to €28 billion. Spain led with €98 billion, followed by France, Italy and Germany.

The sectors that contributed most to employment in Albufeira were accommodation and catering.

Cruise activity at the Port of Lisbon produced a direct economic impact of more than €80 million in 2025, a year in which the passenger embarkation and disembarkation segment hit historic highs.

Solverde was the only company to formally submit a proposal for the new gaming concession in the Algarve. No one stepped forward to challenge the incumbent concessionaire, despite several groups having expressed interest in the tender.

There are expressions that encapsulate complex realities. When analysing the data on the wealth generated in Portugal's various regions, interpretations multiply. Of the Alentejo we might say it is 'stuck in a rut', while Madeira and the Algarve could be described as 'living in the shade of the banana tree' — although the expansion of these regions through tourism does not depend solely on that.
