Philippine Tourism Satellite Accounts

Contribution of Tourism to the Economy is 8.2 Percent in 2015

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 8.2 percent in 2015 (Figure 1). Tourism cuts across different sectors of the economy and the TDGVA serves as the indicator to measure the value added of different industries in relation to tourism activities of both inbound and domestic visitors in the country. The TDGVA amounted to PhP 1,093.1 billion in 2015, higher by 14.8 percent compared to previous year’s PhP 952.2 billion.

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