The economic importance of tourism in Germany
By Prof. Dr. Christian Buer on November 28, 2024
Tourism is not only one of the most important economic factors worldwide, but also makes a significant contribution to the German economy.
But how big is this contribution really?
The exact determination is complex, as tourism is a cross-sector industry that is closely intertwined with many other markets. This makes it difficult to precisely define the relevant sub-sectors. For example, the retail trade benefits considerably from tourism, but cannot be fully attributed to this sector. As a result, there are often only rough estimates and projections of the amounts generated, as there are no exact figures for individual sectors.