The Financial Express

Sea tourism contributes 3.5pc of Greek GDP each year: report

| Updated: November 21, 2018 20:40:29

File Photo (Collected) File Photo (Collected)

Sea tourism (sea cruise, coastal shipping and yachting) contributes about 3.5 per cent of Greek GDP each year in recent years, according to a local media report.

Citing a report of the Institute of Greek Tourism, the local newspaper ‘Vima (Tribune)’ said the sea tourism added some 6 billion euros (6.8 billion US dollars) to the economy during the period.

Greece has altogether 170,052 boats and 22 organised marinas with a capacity of 8,924 berths, according to the International Council of Marine Industry Associations (ICOMIA).

The ICOMIA holds its annual Global Marinas Conference in Athens from Thursday to Saturday, reports Xinhua.

In 2017, a total of 3,415 sea cruise vessels visited Greek ports with 4.62 million passengers.

As a traditional pillar of Greek economy for decades, the tourism industry withstood the eight year debt crisis that hit hard the country, and has posted impressive results in recent years, helping the ailing economy to recover.

According to the latest figures released from the central Bank of Greece earlier this October, Greece received more than 21 million visitors in the first eight months of this year. (1 euro=1.14 US dollars)

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