Contribution of Tourism Industry to the Economy
Posts 5.9 percent in 2011
(PR-PR-20121126-ES4-01, Posted 26 November 2012)
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. It averaged 5.8 percent during the years 2000-2010. TDGVA, an indicator which measures the value added of different industries in response to activities of both domestic and inbound visitors, amounted to PhP 571.3 billion in 2011, higher by 10.2 percent than in the previous year. [more]
Latest Key Figures
Tourism Direct Gross Value Added,
Growth Rates:
2009-10 to 2010-11
Gross Value Added by Products Growth Rates (%) 2009-10 2010-11 A.1 Tourism Characteristics products 13.9 12.1 1- Accomodation Services for visitors 8.1 4.7 2-Food and Beverage serving services 21 13.8 3-Transport Services 7.1 9.0 Land Transportation Services 2.9 9.1 Water Transportation Services 6.8 11.7 Air Transportation Services 27.4 7.8 4-Travel agencies and other reservation services 10.5 19.4 5-Entertainment & Recreation 32.2 7.1 6-Country-specific tourism characteristic goods - shopping 10.8 16.8 7-Miscellaneous 9.6 8.5 Financial and Insurance Activities 14.3 9.9 Health and Wellness 7.5 7.9 A.2 Other products 11.7 7.5 TOTAL DIRECT GROSS VALUE ADDED (TDGVA) 13.0 10.2
Contact Information
For further information about these and related statistics, contact the National Statistical Information Center at (632) 8952767, e-mail address info@nscb.gov.ph.
Focal Persons
Ms. Cynthia S. Regalado
Chief
Economic Indicators and Satellite Accounts Division
(632) 8952767
cs.regalado@nscb.gov.phMr. Raymundo J. Talento
Director IV
Economic Statistics Office
(632) 8952481
rj.talento@nscb.gov.ph
Updated: 18 January 2013
