Ungated Post | 01 Nov 2016
The impact of heritage tourism for the UK economy
Heritage tourism is a vital part of the UK economy. In 2015, domestic and international tourists made 192 million trips to visit the UK’s cultural, historic and natural heritage assets.
The heritage tourism sector supported a £20.2 billion gross value added contribution to UK GDP and 386,000 jobs
The largest economic contribution is made, unsurprisingly, in London, where the heritage tourism sector is estimated to have supported a £5.7 billion gross value added contribution. However the relative importance of heritage tourism is greatest in the North East, Wales, and Scotland. Including direct, indirect and induced impacts, the sector provided nearly 2 percent of the total economic output produced in each of these. That is substantially higher than in the equivalent figure for the UK overall, at 1.1 percent.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
Americas
Diantha Redd
+1 (646) 503 3052
Email
Asia Pacific
Peter Suomi
+65 6850 0110
Email
EMEA
Aoife Pearson
+44 (0)203 910 8054
Email
Related Services
Post
The socioeconomic impacts of Urenco USA’s National Enrichment Facility, Eunice, New Mexico
The report focuses on the socioeconomic contribution of UUSA’s National Enrichment Facility in Eunice, New Mexico in 2024. It provides an assessment of the economic contribution the facility makes to the U.S. economy, as well as to the regional economies of New Mexico and Texas.
Find Out More
Post
The economic impact of Sizewell C
Oxford Economics’ recent analysis for Sizewell C demonstrates the substantial economic boost that the Nationally Significant Infrastructure Project will make to the UK economy.
Find Out More
Post
Economic Impact of Heweliusz in Poland
This study, commissioned by the Motion Picture Association (MPA), examines the five-episode Polish Netflix original limited series "Heweliusz" and analyzes its total economic impact in Poland during the 2024–2025 production period. The study also considers the broader effects of the series on the Polish economy.
Find Out More
