The tourism industry’s contribution to the economy reached another milestone in 2018 as it increased to 12.7% of the Philippines’ Gross Domestic Product (GDP), 0.5% higher than in 2017, according to the data released by the Philippine Statistics Authority (PSA) last June 6. This is in spite of the six-month closure of Boracay island, one of the country’s major tourist destinations.
The Tourism Direct Gross Value Added (TDGVA), an indicator that measures the value added of the tourism industry, amounted to PHP 2.2 trillion, which is an increase of 14.3% from the 2017 TDGVA of PHP 1.9 trillion.
Employment in the tourism industry also rose to an estimated 5.4 million, 1.8% higher than the 5.3 million in the previous year.
The number of domestic tourists reached 110 million, which is an increase of 14.1% from the previous year’s figure of 96.4 million. This exceeds the 89.2 million target in 2022 stated in the National Tourism Development Plan (NTDP). Domestic tourism expenditure is also up by 21% at PHP 3.2 trillion, compared to the PHP2.6 trillion in 2017.
Based on the Philippine Tourism Satellite Accounts (PTSA) results, it is also estimated that at least two million poor people benefited from the robust growth of tourism compared to original targets from 2016 to 2018. This is in line with the NTDP’s strategic direction on sustainability and inclusive growth.
“These achievements in the tourism industry are a result of a holistic and convergent government. The Build Build Build program of the administration has greatly improved infrastructure and transport connectivity, while the ease of doing business, coupled with a facilitative environment for investments, has boosted both visitor and investor confidence in Philippine tourism”, remarked Tourism Secretary Bernadette Romulo-Puyat.
“Moreover, these numbers show that the Philippine tourism industry is sustainable; it is an engine for socio-economic growth that provides jobs and income to the country while preserving Filipino culture and tradition as well as conservation of the environment.”, she added.
The teardrop-shaped island, known as the Philippines’ Surfing Capital, will welcome local tourists to its world-class white sand beaches, natural rock and cave pools, romantic sunsets, and wild water surf sites again on 23 November.
The 27th World Travel Awards recognized the Philippines as Asia’s leading beach destination, Asia’s leading dive destination and the Philippine Department of Tourism as this year’s leading tourist board in Asia in 2020.
The Department of Tourism (DOT) celebrates the news that two of our prime destinations – Palawan and Boracay, have made it to Big 7 Travel’s list of the 50 Most Beautiful Places in the World, ranking 8th and 18th, respectively.
In light of the current COVID-19 situation, the Philippines has implemented temporary travel restrictions to contain the spread of the virus. We urge you to stay home and follow community quarantine protocols. LEARN MORE
In light of the current COVID-19 situation, the Philippines has implemented temporary travel restrictions. LEARN MORE
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.