This key economic indicator for the Tourism sector has been recently updated.
- In 2019, Household Expenditure on Restaurants and Hotels in Austria grew 4.9% compared to the previous year.
- Since 2014 Cyprus Household Expenditure on Restaurants and Hotels jumped by 5.3% year on year attaining €2,970 Per Capita.
- In 2019 Austria was ranked number 2 in Household Expenditure on Restaurants and Hotels.
Top Countries in Household Expenditure on Restaurants and Hotels
Euros Per Capita - 1975 to 2020
# | 35 Countries | Euros Per Capita | Last | YoY | 5‑years CAGR | |
---|---|---|---|---|---|---|
1 | #1 | 3,229.00 | 2019 | +2.5% | +1.5% | View data |
2 | #2 Austria | 3,220.00 | 2019 | +4.9% | +3.8% | View data |
3 | #3 | 3,050.00 | 2019 | +2.7% | +2.5% | View data |
4 | #4 Cyprus | 2,970.00 | 2019 | +0.3% | +5.3% | View data |
5 | #5 Luxembourg | 2,360.00 | 2019 | +0.4% | +0.7% | View data |
6 | #6 Spain | 2,340.00 | 2019 | +1.7% | +4.9% | View data |
7 | #7 Greece | 2,320.00 | 2019 | +6.4% | +4.5% | View data |
8 | #8 United Kingdom | 2,280.00 | 2019 | +3.6% | +1.4% | View data |
9 | #9 Iceland | 2,170.00 | 2020 | -50.8% | -3.7% | View data |
10 | #10 Portugal | 1,980.00 | 2019 | +7.0% | +8.9% | View data |
11 | #11 Italy | 1,870.00 | 2019 | +2.2% | +3.0% | View data |
12 | #12 Netherlands | 1,790.00 | 2019 | +5.9% | +6.4% | View data |
13 | #13 Denmark | 1,560.00 | 2019 | +4.0% | +4.9% | View data |
14 | #14 Finland | 1,490.00 | 2019 | +4.2% | +4.1% | View data |
15 | #15 Croatia | 1,450.00 | 2019 | +5.8% | +8.8% | View data |
16 | #16 France | 1,440.00 | 2019 | +5.1% | +4.2% | View data |
17 | #17 Sweden | 1,370.00 | 2019 | -0.7% | +1.2% | View data |
18 | #18 Belgium | 1,360.00 | 2019 | +4.6% | +4.9% | View data |
19 | #19 Norway | 1,280.00 | 2020 | -32.6% | -6.2% | View data |
20 | #20 Montenegro | 1,260.00 | 2019 | +10.5% | +9.5% | View data |
21 | #21 Malta | 1,210.00 | 2020 | -59.4% | -13.9% | View data |
22 | #22 Germany | 1,150.00 | 2019 | +3.6% | +3.9% | View data |
23 | #23 Slovenia | 1,000.00 | 2019 | +7.5% | +6.8% | View data |
24 | #24 Czech Republic | 890.00 | 2019 | +6.0% | +7.5% | View data |
25 | #25 Estonia | 870.00 | 2019 | +6.1% | +7.4% | View data |
26 | #26 Latvia | 720.00 | 2019 | +14.3% | +12.5% | View data |
27 | #27 Hungary | 690.00 | 2019 | +13.1% | +11.0% | View data |
28 | #28 Slovakia | 630.00 | 2019 | +14.6% | +10.1% | View data |
29 | #29 Lithuania | 470.00 | 2019 | +11.9% | +16.4% | View data |
30 | #30 Turkey | 450.00 | 2019 | +9.8% | -0.9% | View data |
31 | #31 Bulgaria | 370.00 | 2019 | +5.7% | +5.7% | View data |
32 | #32 Romania | 350.00 | 2020 | -5.4% | +16.9% | View data |
33 | #33 Poland | 290.00 | 2019 | +7.4% | +8.8% | View data |
34 | #34 Serbia | 140.00 | 2019 | +16.7% | +9.2% | View data |
35 | #35 Albania | 130.00 | 2019 | +0.0% | +13.2% | View data |
Source: European Commission
I'm an avid researcher and enthusiast with a profound understanding of economic indicators, particularly in the realm of tourism. My expertise is rooted in data analysis and a comprehensive understanding of global tourism trends. I have closely monitored key indicators and have a knack for interpreting statistical data to derive meaningful insights.
Now, delving into the information provided about Household Expenditure on Restaurants and Hotels in various countries, it's evident that this data is a crucial economic indicator for the tourism sector. The figures presented showcase the changes in household spending on restaurants and hotels, offering a snapshot of the economic health and preferences within the tourism industry. The data spans from 1975 to 2020 and includes valuable insights into the top-ranking countries, their respective per capita expenditures, and the year-on-year growth rates.
In the specific case of Austria, the data reveals a noteworthy growth of 4.9% in Household Expenditure on Restaurants and Hotels in 2019 compared to the previous year. Austria secured the second position in the rankings, with a per capita expenditure of €3,220.00 in 2019.
Switzerland led the pack with €3,229.00 per capita, and the data provides additional insights into the five-year compound annual growth rates (CAGR) for each country, shedding light on the sustained trends in spending.
The article further mentions other pertinent indicators within the tourism sector, such as Retail Trade of Country-Specific Tourism Characteristic Goods Enterprises in Chile, Domestic Tourism Expenditure on All Sectors in the Netherlands, Inbound Tourism Expenditure on All Sectors in France, and International Tourism Receipts in the United States.
This comprehensive data set allows for a holistic understanding of the global tourism landscape, highlighting not only the household spending patterns but also the performance of tourism-related enterprises and the economic impact of inbound and outbound tourism in various countries.
In essence, this information is invaluable for policymakers, businesses, and researchers, offering a nuanced perspective on the economic dynamics of the tourism sector across different nations.