Key Market Indicators
Austrian tourism's direct contribution to GDP is projected to rise to 5.4 percent by 2028, up from 5.3 percent in 2023. This marks an annual growth rate of 0.2 percentage points over the five-year period. Since 2013, Austria's tourism sector has consistently grown at a similar rate of 0.2 points annually. In 2023, Austria ranked third globally in tourism's GDP contribution, trailing only Sweden, which also registered 5.3 percent, and ahead of Peru, which came in fourth. Tourism receipts in Austria are also on an upward trajectory, expected to reach approximately $16 billion by 2028. This figure represents an increase from around $15 billion in 2023, with a compound annual growth rate of 1.3 percent. Since the turn of the millennium, Austria's tourism market has seen an average annual growth rate of 0.8 percent.
