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Greece: tourism made a comeback in 2013

1 min reading time

Published on 16/04/14 - Updated on 23/10/24

Lindos

On the whole of the year tourist arrivals in Greece grew by 15.5% with respect to the previous year, when it posted a 5.6% decrease.

In 2013, the stabilization of the political and social climate in Greece and the loss of appeal of Egypt and Tunisia benefited tourism in the country. According to figures published by the Greek Statistics Authority (Elstat), close to 18 million foreign visitors traveled to the destination during the period, or 15.5% more than in 2012, the year when arrivals fell by 5.6%.

The Russian market contributed a great deal to this result by increasing its number of tourists by close to 50% to reach 1.15 million. Other markets showed good growth, such as Turkey (+38%), the United States (+24.3%) and Canada (+81.8%).

This positive performance, associated with the drop in importations, made it possible for the country to post a current account surplus in 2013 of 1.2 billion, a first since 1948. Tourism should act as an engine to relaunch Greece's economy and reduce its trade deficit. The sector accounts for around 17% of the GDP of the country and 18% of jobs.
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