THE PHILIPPINE Statistics Authority said it estimated tourism to have accounted for 7.8% of gross domestic Product (GDP) in 2014, quantifying the sector’s impact at P982.4 billion, up 14% year on year.
The estimate is based on a statistic called tourism direct gross value added (TDGVA), which attempts to capture the total contribution of the sector on retail, accommodation, recreation, food and other areas on which tourism has an impact. TDGVA considers the impact of both domestic and international visitors.
It said accommodation services had the biggest share of TDGVA at 32.6%, followed by tourism-related retail at 15.3%, transport services at 12.6%, entertainment and recreation at 10.9% travel agencies at 8.6% and food and beverage at 4.7%. The “miscellaneous” category accounted for 15.2%.
The 7.8% figure offers the possibility of rough comparison with major destinations like Thailand, though methods of compiling tourism statistics vary. The Tourism Authority of Thailand reckons tourism’s contribution at about 7% of GDP, based on international visitors alone, and values its international tourist trade at nearly $16 billion, according to the agency’s Web site.
The World Travel and Tourism Council, a trade association, put the global average at 2.9% of GDP in 2013 based on “direct contribution” to the economy, rising to 3.1% in 2024. By the Council’s broader measure of “total contribution,” tourism was 9.5% of world GDP that year, and is projected to rise to 10.3% by 2024.
The PSA said expenditure of “non-resident visitors,” which includes Filipinos permanently residing overseas, posted double-digit growth of 21.9% in 2014 to P274.6 billion.
It added that inbound tourism expenditure was equivalent to 7.6% of total exports and would rank third in the list of exports behind miscellaneous services (25.1%) and semiconductors (19.2%).
Domestic tourism expenditure, meanwhile, grew 24% to P1.47 trillion, while employment in tourism-related industries was 4.8 million in 2014, up 1%.
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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