Economic Impact

Increased investment and activity at Greenville-Spartanburg International Airport (GSP) have resulted in an economic impact that is more than eight times greater than it was 10 years ago. The results of a recent study determined that GSP contributed an impact of $4 billion in 2023 compared to $2.90 billion in 2018 on the Upstate’s economy.

The study surveyed GSP’s involvement in commercial development, the GSP International Logistics Park, as well as air cargo and passenger services, which have all significantly increased at GSP in recent years.

Highlights from the study:

  • GSP supports 19,860 local jobs
  • GSP adds $994.9 million of income to the Greenville-Spartanburg area economy
  • GSP adds a total of $381.4 million in annual tax revenues 
  • Visiting airline passengers spend an estimated $841 million annually in the Greenville-Spartanburg area

Annual GSP Economic Impact

YearJobsIncomeOutput
202319,860$994,957,814$4,055,004,260
201814,817$648,900,000$2,900,000,000
20129,528$170,491,491$817,119,411
20093,692$112,014,138$377,525,328

The Greenville-Spartanburg International Airport plays a vital role in South Carolina’s economy, contributing significantly to the state’s transportation infrastructure and economic development. ​ As part of a statewide network of six commercial airports, GSP supports local industries, facilitates tourism, and drives business activity through passenger travel and cargo shipments. ​ South Carolina Aeromautics completed an economic impact report of the state’s commercial airports, with a detailed focus on GSP’s contributions to employment, labor income, and economic output in the Upstate region.