MEDIA RELEASE

INBOUND TOURISM EXPENDITURES DOUBLED IN FIVE YEARS

Expenditures of foreign visitors to the Philippines doubled from 4.3% share to

total exports in 2010,

to 8.2% in 2015 , reaching PHP 306.6 Billion for 2015,

according to the 2015 Philippine Tourism Satellite Accounts released by the

Philippine Statistics Authority (PSA) last 15 June 2016.
Foreign tourist arrivals was 3rd among the biggest export items of the country in
2015, giving tourism an 8.2% share of total exports of goods and services of the
Philippines.
In terms of the economys top achievers, tourism climbed to third place , while
the trade industry took 1 st place, and real estate , 2 nd place, as propellers of
GDP growth for 2015.
According to the same PSA 2015 report , as an employment generator, tourism
industries employed about 4.98 Million people, with the Passenger Transport
Sector having 36 % , and Accommodation and Food Beverage sector with 34.8%
of total employment.
Looking back, the positive outlook of the industry, the harmonious public and
private partnership , a good marketing campaign and the strong government
support that the DOT received allowed tourism to reach the economic heights
where it is today, explained DOT Secretary Ramon R. Jimenez, Jr.

The business is good, you only have to keep the momentum going, emphasized
Secretary Jimenez, when he spoke recently on tourism as a rising industry of the
Philippine economy at a recent conference in Zambales.

To maintain the industrys growth, the 2016-2022 National Tourism Development

Plan is presently being finalized for presentation to this administration, before it
ends, and to the new administration for approval. This should help sustain the
strong first quarter growth in tourist arrivals and help the country meet its target
of 6.5Million tourists by yearend, added Secretary Jimenez.
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Jazmin C. Esguerra
Director, Media and Communications Service
Email Address: jcesguerra@tourism.gov.ph