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Home Economy

Foreigners spend more in Portugal during their summer holidays

Ursula Curtis by Ursula Curtis
August 30, 2023
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Foreigners spend more in Portugal during their summer holidays
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Hey Bank of Portugal Today, Wednesday, the preliminary index of the travel and tourism balance of payments for the month of July was released. There was a growth of 7.2% in tourism spending on the Portuguese mainland.

After you’ve packed your bags and it’s time to head home, today is another day of departure at Lisbon Airport.

When they visit Portugal, they say they don’t keep track of their expenses. However, there are those who believe that it is one of the most expensive countries in Europe.

“I think it’s the most expensive country I’ve ever been to. But that doesn’t worry me when I’m on vacation,” says one tourist. “We didn’t think it was that expensive at all. “It’s a bit like the UK, but maybe a little cheaper,” says another.

All things considered, foreigners are increasingly interested in Portugal. Favorite destinations still Lisbon, Porto and the Algarve.

“We love the people, the environment and the beauty of the country”, “It is very pure and authentic, and that’s what we love”, people who visit our country say.

Portuguese spending outside the country is rising

Banco de Portugal data also shows that residents of Portugal They spent 15.4% more abroad in July compared to the same month last year.

So far, July has been the month in which the Portuguese spend the most money abroad.

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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