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
| 2023 | 2018 | 2012 | 2009 | |
|---|---|---|---|---|
|
Jobs |
19,860 |
14,817 |
9,528 |
3,692 |
|
Income |
$994,957,814 |
$648,900,000 |
$170,491,491 |
$112,014,138 |
|
Output |
$4,055,004,260 |
$2,900,000,000 |
$817,119,411 |
$377,525,328 |