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Philippine Tourism Satellite Account (PTSA)
Preliminary Results of the PTSA ![]()
The preliminary results of the PTSA are very limited in scope and coverage due to the data constraints that hinder the analysis of the link between tourism consumption and the supply of tourism goods and services.
Tourism expenditures
Total tourism expenditures (tourism demand) was recorded at P140 billion in 1994 and P274 billion in 1998, translating to an average annual increase of 11% between the two years. Visitor consumption expenditures had the biggest share, averaging more than 60% of tourism expenditures.
1. Visitors consumption expenditures
- Consumption expenditures of tourists surged at an annual rate of 20%, brought about mainly by the 33% average annual rate of expansion of domestic tourism consumption. Inbound tourism recorded a 13% average increase during the period.
- Total consumption of resident tourists contributed 2% and 4% to total personal consumption expenditures (PCE) in 1994 and 1998, respectively. The consumption of inbound tourists, on the other hand, accounted for 11% in 1994 and 7% in 1998 of the country’s total exports.
- The share of internal tourism consumption to GDP was 5% and 7% in 1994 and 1998, respectively.
2. Government (collective) consumption expenditures
- Estimated tourism government collective consumption expenditures amounted to P40 billion in 1994 and P91 billion in 1998, for an average annual growth rate of 23%.
- The share of tourism collective consumption to total government expenditures was 22% and 26%, in 1994 and 1998, respectively.
3. Capital investment (gross fixed capital formation)
- The GFCF for the private sector could not be estimated for 1998 due to data constraints. For 1994, tourism GFCF showed a 3% share of the country’s GFCF.
- For the public sector, GFCF expanded at an average annual rate of 10%.
Value added of tourism industries
Tourism employment
Non-monetary indicators
Philippine Tourism Satellite Account
(PTSA) |
| Main Page |
| Introduction |
| Development of a TSA for the Philippines |
Preliminary
Results of the PTSA
|
| Selected Tourism Statistics |
| Institutional Platform |
| Technical Papers |
| Workshops/ Conferences |