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    Inbound Tourism Expenditure On The Rise!: Derived Indicators

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    heidireyes
    1) Inbound tourism expenditure in the Philippines increased from 2000 to 2010, except for declines in 2002 and 2009, with growth rates fluctuating between negative 18.4% and positive 32.7%. 2) Domestic tourism expenditure and internal tourism consumption both posted double-digit growth in 2010 after being negatively impacted by the 2008 global financial crisis. 3) Tourism direct gross value added grew between 3.5% to 13.1% from 2000 to 2010, and averaged 5.8% of GDP over this period.

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    Inbound Tourism Expenditure On The Rise!: Derived Indicators

    Uploaded by

    heidireyes
    20 views7 pages
    1) Inbound tourism expenditure in the Philippines increased from 2000 to 2010, except for declines in 2002 and 2009, with growth rates fluctuating between negative 18.4% and positive 32.7%. 2) Domestic tourism expenditure and internal tourism consumption both posted double-digit growth in 2010 after being negatively impacted by the 2008 global financial crisis. 3) Tourism direct gross value added grew between 3.5% to 13.1% from 2000 to 2010, and averaged 5.8% of GDP over this period.

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    1) Inbound tourism expenditure in the Philippines increased from 2000 to 2010, except for declines in 2002 and 2009, with growth rates fluctuating between negative 18.4% and positive 32.7%. 2) Domestic tourism expenditure and internal tourism consumption both posted double-digit growth in 2010 after being negatively impacted by the 2008 global financial crisis. 3) Tourism direct gross value added grew between 3.5% to 13.1% from 2000 to 2010, and averaged 5.8% of GDP over this period.

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    20 views7 pages

    Inbound Tourism Expenditure On The Rise!: Derived Indicators

    Uploaded by

    heidireyes
    1) Inbound tourism expenditure in the Philippines increased from 2000 to 2010, except for declines in 2002 and 2009, with growth rates fluctuating between negative 18.4% and positive 32.7%. 2) Domestic tourism expenditure and internal tourism consumption both posted double-digit growth in 2010 after being negatively impacted by the 2008 global financial crisis. 3) Tourism direct gross value added grew between 3.5% to 13.1% from 2000 to 2010, and averaged 5.8% of GDP over this period.

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    of 7

    Derived Indicators

    Inbound tourism expenditure on the rise!


    Inbound tourism expenditure,levels & growth rates, 2000-2010

    300,000

    40.0
    2 7. 6

    30.0

    3 2 .7

    240,000

    20.0
    10.0

    180,000

    % growth

    in million PhP

    9 .6

    ( 2 . 2 5)
    13 7 , 15 2

    ( 8 .2 3 )

    2 . 50
    ( 0 . 14 )

    120,000

    10 5 , 8 16
    88,246

    88,358

    90,229

    0.0

    0 .0 4

    ( 11. 0 )
    12 2 , 0 9 5

    10 9 , 2 2 6

    10 3 , 3 8 0

    99,622

    (10.0)

    99,658

    82,905

    ( 18 . 4 )

    (20.0)

    60,000
    (30.0)
    0

    (40.0)
    2000

    2001

    2002

    2003

    2004

    2005

    2006

    Levels

    2007

    2008

    2009

    2010

    growth

    Share of inbound tourism expenditure to exports on a downtrend below 4% for the


    last three years
    Share of Inbound tourism expenditure to Exports, 2000-2010

    4,000,000

    10.0%

    In million Php

    9.0%
    8.0%

    3,000,000

    7.0%
    6.0%
    2,000,000

    4 .6 %
    3 .9 %
    4 .8 %

    4 .3 %

    5.0%

    3 .9 %
    4 .7%

    4 .9 %

    4.0%

    3 .9 %
    3 .5%

    1,000,000

    3 .5%

    4 .1%

    3.0%
    2.0%

    1.0%
    2000

    2001

    2002

    2003
    Inbound

    2004

    2005
    Exports

    2006

    2007

    2008

    % share

    2009

    2010

    Domestic tourism expenditure posts double digit growth in 2010

    Share of domestic tourism expenditure to HFCE increasing once again after the global
    crisis in 2008

    Share of Domestic tourism expenditure to HFCE, 2000-2010


    7000000

    20.0%

    6000000
    18.0%

    In million Php

    5000000
    17.3 %

    16.0%

    4000000
    15.6 %

    15.2 %

    14 .5%

    3000000
    13 .8 %

    14.0%
    13 .5%

    2000000
    13 .2 %
    12 .9 %

    12.0%

    12 .0 %

    1000000
    11.7%

    11.6 %

    10.0%
    2000

    2001

    2002

    2003
    DTE

    2004

    2005
    P CE

    2006

    2007
    % share

    2008

    2009

    2010

    Internal tourism consumption posted double digit growth in 2010

    Internal tourism consumption,levels & growth rates, 2000-2010


    1,200,000

    35.0
    2 6 .4

    1,0 4 2 ,0 6 4

    30.0

    9 9 9 ,3 58

    2 4 .5

    8 8 9 ,0 2 2

    17.6

    25.0

    9 10 ,4 6 3

    8 4 6 ,4 2 5

    20.0

    76 7,8 3 6

    800,000

    15.0

    18 .1
    6 0 7,58 8

    14 .5
    10 .2

    600,000
    4 58 ,79 3

    400,000

    10.0

    4 8 8 ,13 7
    4 50 ,2 0 2

    5.0

    8 .4

    3 9 0 ,12 7

    2 .4

    0.0

    ( 1.9 )

    (5.0)

    200,000

    (10.0)

    ( 11.0 )

    (15.0)
    2000

    2001

    2002

    2003

    2004

    2005

    Levels

    % growth

    in million PhP .P

    1,000,000

    2006

    2007

    2008

    2009

    2010

    growth

    Internal tourism was more adversely affected than the total economy during the
    global crisis in 2008, but it has since caught up with the GDP growth!

    Miscellaneous, shopping and accommodation are the biggest components of


    Internal tourism consumption!

    Average share of consumption products to total internal consumption, 20002010


    M is c e lla ne o us
    40%

    A c c o m o da t io n
    S e rv ic e s f o r v is it o rs
    13 .5 7 %

    S ho pping
    17 .3 5 %

    E nt e rt a inm e nt a nd
    R e c re a t io n
    5 .5 1%

    T ra ns po rt s e rv ic e s
    5 .8 2 %

    Significant drop in outbound tourism expenditure in 2007! impact of Philippine currency


    appreciation

    Outbound tourism consumption,levels & growth rates, 2000-2007


    100,000

    35.0
    9 0 ,54 6

    30.0
    72 ,4 15

    6 3 ,2 4 8

    70,000

    6 7,8 4 4

    25.0
    20.0

    6 5,53 7
    17.9 5

    60,000

    15.0

    18 .6 6
    53 ,3 0 1

    50,000

    6 .0 1

    6 .74

    40,000

    3 .6 2

    10.0
    5.0

    3 .52

    30,000

    0.0

    20,000

    (5.0)
    ( 12 .0 4 )

    10,000
    0

    (10.0)
    (15.0)

    2000

    2001

    2002

    2003

    Levels

    2004

    2005

    growth

    2006

    2007

    79 ,6 4 0

    76 ,76 4

    80,000

    % growth

    90,000

    in million PhP

    T ra v e l a ge nc ie s a nd
    o t he r re s e rv a t io n
    s e rv ic e s
    7 .3 3 %

    F o o d a nd B e v e ra ge
    s e rv ing s e rv ic e s
    9 .5 2 %

    On the average, outbound tourism expenditure accounted for about 3% of total Imports of
    the country!

    Share of Outbound tourism expenditure to Imports, 2000-2007


    4,000,000

    4.00%
    3.70%

    In million Php

    3,000,000

    3.40%

    3 .2 6 %

    2,000,000
    3 .3 3 %

    1,000,000

    2 .9 7%

    3.10%

    3 . 13 %

    2 .8 3 %
    2 .73 %

    2 .72 %

    2.80%
    2 .8 4 %

    2.50%
    2000

    2001

    2002
    Outbound

    2003

    2004
    Im ports

    2005

    2006
    % share

    2007

    TDGVA posted double digit growths in 2004, 2005, 2007 and 2010!
    Tourism direct gross value added, levels & growth rates, 2000-2010
    600,000

    14.0

    13 .0 7
    5 18 , 4 6 5

    10 .8 4

    9 .8440 4 , 6 4 1
    10 .6 1

    400,000

    458,976

    12 .9 6

    10.0

    9 .56

    365,837
    333,054

    7.8 2

    8.0

    300,475

    300,000
    228,974

    246,877

    2 6 5 , 7 3 77.6 4

    6.0

    2 10 , 14 4

    200,000
    4.0

    3 .53

    100,000

    2.0

    0.0
    2000

    2001

    2002

    2003

    2004

    Levels

    2005

    2006

    growth

    2007

    2008

    2009

    2010

    8 .9 6

    .
    in million PhP

    12.0
    443,305

    % growth

    500,000

    For the years 2000 to 2010, the average share of TDGVA to GDP is about 5.8 percent!

    Share of TDGVA to total GDP, 2000-2010


    10,000,000

    6.0%

    9,000,000
    8,000,000
    5.9%

    In million Php .

    7,000,000
    5.9 %

    5.9 %

    5.9 %

    6,000,000

    5.9 %

    5.8 %

    5.9 %

    5.9 %
    5.8 %

    5,000,000

    5.8%

    4,000,000

    5.8 %
    5.7%

    3,000,000

    5.7%

    5.7%
    2,000,000
    1,000,000
    0

    5.6%
    2000

    2001

    2002

    2003

    2004

    TDGVA

    2005

    2006

    GDP

    2007

    2008

    2009

    2010

    % share

    Employment in tourism industries growing slowly!


    Share of tourism industries' employment to total employment, 2000-2010

    40,000.0

    10 .2 5%

    0.10

    35,000.0

    10 .12 %
    10 .0 2 %

    30,000.0
    In '000 persons

    0.10

    9 .6 0 %

    9 .73 %

    0.10

    9 .71%
    10 .0 1%

    25,000.0

    0.10

    9 .76 %

    0.10
    20,000.0

    9 .3 1%

    0.09
    15,000.0
    9 .2 4 %

    0.09

    9 .3 4 %

    10,000.0

    0.09

    5,000.0

    0.09

    0.0

    0.09
    2000

    2001

    2002

    2003
    Tourism

    2004

    2005
    Total

    2006

    2007
    % share

    2008

    2009

    2010

    For the years 2000-2010, on the average, employment in tourism industries was 9.7 % of
    the total employment in the Philippines!

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