Study: Coastal and marine tourism in Greece accounts for 2.3 bln€ of annual GDP, up to 6 bln€ in indirect benefits

Wednesday, 24 October 2018 23:41
UPD:23:48
ΑΠΕ-ΜΠΕ/Παντελής Σαίτας
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Coastal and marine tourism directly accounts for 2.3 billion euros in Greece’s annual GDP, whereas indirect effects are calculated at five to six billion euros, a study by the Greek Tourism Confederation’s (SETE) research institute revealed this week.

Overall, yachting, the cruise sector and coastal marine tourism accounts for 1.3 percent of Greece’s annual GDP, at current rates, and accounting for 22,500 job spots. Indirectly, the sector accounts from between 2.9 to 3.5 percent of GDP.

Yachting, by itself, is estimated to account for a turnover of 800 million euros annually in the country.

The International Council of Marine Industry Associations (ICOMIA) records a total of just more than 170,000 vessels of all types in Greece, of which more than 125,000 are Fiberglas craft, including ones with out-board engines, such a speedboats. Inflatable craft reach roughly 21,400.

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