08 June 2017
As measured by the share of tourism direct gross value added (TDGVA) to total gross domestic product (GDP), the contribution of tourism to the economy was estimated at
8.6 percent in 2016 (Figure 1). The TDGVA amounted to PhP 1,243.5 billion in 2016, higher by 13.7 percent compared to previous year’s PhP 1,093.4 billion.
The TDGVA estimate is based on the latest results of the Philippine Tourism Satellite Accounts (PTSA) which also provides information on tourism expenditure and employment. The following are the other key results from PTSA:
- Inbound tourism expenditure, which refers to the expenditure of non-resident visitors (foreign visitors and Filipinos permanently residing abroad) within the Philippines, grew by
2.3 percentin 2016, amounting to PhP 313.6 billionfrom PhP 306.6 billionin 2015. Compared to the country’s total exports, the share of inbound tourism expenditure was 7.7 percent. Inbound tourism ranked third among the biggest export items in 2016, after miscellaneous services at 34.1 percentand semiconductors at 20.9 percent.
- Domestic tourism expenditure, which includes expenditure of resident visitors within the country either as domestic trip or part of an international trip, grew by
19.1 percent, from PhP 1,770.7 billionin 2015 to PhP 2,108.2 billionin 2016. Domestic tourism expenditure represents 19.8 percentof the household final consumption expenditure (HFCE) in 2016.
- Employment in tourism characteristic industries was estimated at
5.2 millionin 2016, higher by 5.1 percentcompared to 5.0 millionin the previous year. Share of employment in tourism industries to total employment in the country was recorded at 12.8 percentin 2016.
The PTSA is compiled by the Philippine Statistics Authority (PSA) based on the international recommendations for tourism statistics and tourism satellite accounts of the United Nations World Tourism Organization. The PTSA tables are available at http://psa.gov.ph/tourism-satellite-accounts-press-releases/tables
FOR THE NATIONAL STATISTICIAN:
JOSIE B. PEREZ
Deputy National Statistician