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Philippines: 2019 Annual Research: Key Highlights
Philippines: 2019 Annual Research: Key Highlights
While the global economy 1 in 5 new jobs were created by Global GDP impact by sector
grew by 3.2%, Travel & Tourism Travel & Tourism over the last five (2016 data). Share of total
grew significantly more at 3.9% years economy GDP
10.4% Mining
Agriculture
Total GDP contribution
Automotive
3.2% Travel & Tourism
Financial Services
319 MN
Jobs globally (1 in 10 jobs)
3.9%
0%
Retail
87% 13%
DOMESTIC SPENDING
INTERNATIONAL SPENDING
1
All values are in constant 2018 prices & exchange rates
All forecasts WTTC and Oxford Economics