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The Economy of Greece

Tourism: Blessing and Dependence

Tourism accounts for a large share of GDP and jobs, and its seasonal nature creates both opportunity and fragility.

Sun and history bring millions.

Scale

Tourism generates roughly a fifth of GDP directly and indirectly.

Seasonality

Jobs concentrate in summer months.

Pressures

Crowded islands face strain on water, housing and infrastructure.

Diversification

Efforts to extend seasons and add new visitors include cultural and wellness tourism.

A crowded island

Rents rise for locals as short-term rentals grow.

Treating tourism as risk-free

Shocks like pandemics can hit hard.

Key takeaways
  • Tourism is a major share of GDP.
  • Work is seasonal.
  • Overtourism strains resources.
  • Diversification is sought.
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