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Contribution of Tourism to the Philippine Economy is 12.7 percent in 2018
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As measured by the share of Tourism Direct Gross Value Added (TDGVA) to the Gross Domestic Product (GDP), the contribution of tourism industries to the Philippine economy was estimated at 12.7 percent in 2018. TDGVA serves as the indicator to…
Contribution of Tourism to the Economy is 12.2 Percent in 2017
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In 2017, the tourism industries contributed 12.2 percent to the economy (Figure 1). It is measured by the share of Tourism Direct Gross Value Added (TDGVA) to the Gross Domestic Product (GDP). The TDGVA amounted to PhP 1,929.3 billion at current…
Contribution of Tourism to the Economy is 8.6 Percent in 2016
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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…
Contribution of Tourism to the Economy is 8.2 Percent in 2015
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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…
Contribution of Tourism to the Economy is 7.8 Percent in 2014
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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 7.8 percent in 2014.
Share of Tourism Industry to GDP is 6.0 Percent in 2012
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As measured by the share of tourism direct gross value added (TDGVA) to total gross domestic product (GDP), the contribution of tourism industry to the economy was estimated at 6.0 percent in 2012.
Contribution of Tourism Industry to the Economy Posts 5.9 percent in 2011
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As measured by the share of tourism direct gross value added (TDGVA) to total gross domestic product (GDP), the contribution of tourism industry to the economy was 5.9 percent in 2011.
Contribution of Tourism Industry to the Economy Averages 5.8 percent
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For the years 2000-2010, the average share of tourism direct gross value added (TDGVA) to the country’s GDP is about 5.8 percent. TDGVA’s share to total GDP provides measure of the economic contribution of tourism to the economy. TDGVA in 2010…