{"id":252976,"date":"2025-06-25T05:15:00","date_gmt":"2025-06-24T22:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=252976"},"modified":"2025-06-25T06:06:17","modified_gmt":"2025-06-24T23:06:17","slug":"tourism-boosts-the-philippines-gdp","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/","title":{"rendered":"Tourism boosts the Philippines&#8217; GDP"},"content":{"rendered":"\n<p>MANILA, 25 June 2025: Tourism contributed 8.9% to the Philippines\u2019 2024 gross domestic product (GDP), an increase from 8.7% in 2023, according to a Philippines News Agency report quoting data released by the Philippine Statistics Authority (PSA) last Thursday.<\/p>\n\n\n\n<p>The Tourism Direct Gross Value Added (TDGVA), an indicator that measures the value added of the tourism industry, amounted to PHP2.35 trillion last year, 11.2% higher compared with PHP2.12 trillion in 2023.<\/p>\n\n\n\n<p>PNA also noted that employment in the tourism sector increased by 6.1% to 6.75 million, compared with 6.37 million in 2023.<\/p>\n\n\n\n<p>\u201cThe share of employment in tourism industries to the total employment in the country was recorded at 13.8% in 2024,\u201d the news agency report noted.<\/p>\n\n\n\n<p>Released annually, the PSA\u2019s Philippine Tourism Satellite Account for the Philippines reports all visitor spending in accommodation services, food and beverage serving services, transport services, travel agencies and other reservation services, entertainment and recreation services, and shopping.<\/p>\n\n\n\n<p>Among the forms of tourism expenditures, those for outbound tourism posted the highest annual growth rate of 37.5%, reaching PhP345.68 billion in 2024. This was followed by domestic tourism expenditure, which grew by 16.4% from PhP2.71 trillion in 2023 to PhP3.16 trillion in 2024.<\/p>\n\n\n\n<p>Inbound tourism expenditure grew by 0.4% to PHP699.98 billion last year, compared with PHP697.49 billion in 2023.<\/p>\n\n\n\n<p><em>(Source: PNA)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, 25 June 2025: Tourism contributed 8.9% to the Philippines\u2019 2024 gross domestic product (GDP), an increase from 8.7% in 2023, according to a Philippines News Agency report quoting data released by the Philippine Statistics Authority (PSA) last Thursday. The Tourism Direct Gross Value Added (TDGVA), an indicator that measures the value added of the [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":226343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4170,266],"tags":[],"class_list":{"0":"post-252976","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-destinations","8":"category-philippines"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tourism boosts the Philippines&#039; GDP - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tourism boosts the Philippines&#039; GDP - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"MANILA, 25 June 2025: Tourism contributed 8.9% to the Philippines\u2019 2024 gross domestic product (GDP), an increase from 8.7% in 2023, according to a Philippines News Agency report quoting data released by the Philippine Statistics Authority (PSA) last Thursday. The Tourism Direct Gross Value Added (TDGVA), an indicator that measures the value added of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/\" \/>\n<meta property=\"og:site_name\" content=\"TTR Weekly\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/TTRweekly\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-24T22:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-24T23:06:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"TTR WEEKLY\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/ttrweekly\" \/>\n<meta name=\"twitter:site\" content=\"@ttrweekly\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TTR WEEKLY\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/\"},\"author\":{\"name\":\"TTR WEEKLY\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93\"},\"headline\":\"Tourism boosts the Philippines&#8217; GDP\",\"datePublished\":\"2025-06-24T22:15:00+00:00\",\"dateModified\":\"2025-06-24T23:06:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/\"},\"wordCount\":202,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg\",\"articleSection\":[\"DESTINATIONS\",\"PHILIPPINES\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/\",\"name\":\"Tourism boosts the Philippines' GDP - TTR Weekly\",\"isPartOf\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg\",\"datePublished\":\"2025-06-24T22:15:00+00:00\",\"dateModified\":\"2025-06-24T23:06:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg\",\"contentUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg\",\"width\":2560,\"height\":1707,\"caption\":\"Skyline of Manila City and Manila Bay, Philippines\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ttrweekly.com\/site\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tourism boosts the Philippines&#8217; GDP\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#website\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/\",\"name\":\"TTR Weekly\",\"description\":\"News for Southeast Asia&#039;s travel planners. Latest news, travel news, B2B news, Southeast Asia, Thailand, Vietnam, Myanmar, Cambodia, Laos, Singapore, Malaysia, Indonesia, Philippines and Brunei.\",\"publisher\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ttrweekly.com\/site\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\",\"name\":\"ttrweekly\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png\",\"contentUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png\",\"width\":1133,\"height\":375,\"caption\":\"ttrweekly\"},\"image\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/web.facebook.com\/TTRweekly\/\",\"https:\/\/x.com\/ttrweekly\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93\",\"name\":\"TTR WEEKLY\",\"sameAs\":[\"https:\/\/www.ttrweekly.com\",\"https:\/\/x.com\/https:\/\/twitter.com\/ttrweekly\"],\"url\":\"https:\/\/www.ttrweekly.com\/site\/author\/e-newswire\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tourism boosts the Philippines' GDP - TTR Weekly","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/","og_locale":"en_US","og_type":"article","og_title":"Tourism boosts the Philippines' GDP - TTR Weekly","og_description":"MANILA, 25 June 2025: Tourism contributed 8.9% to the Philippines\u2019 2024 gross domestic product (GDP), an increase from 8.7% in 2023, according to a Philippines News Agency report quoting data released by the Philippine Statistics Authority (PSA) last Thursday. The Tourism Direct Gross Value Added (TDGVA), an indicator that measures the value added of the [&hellip;]","og_url":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/","og_site_name":"TTR Weekly","article_publisher":"https:\/\/web.facebook.com\/TTRweekly\/","article_published_time":"2025-06-24T22:15:00+00:00","article_modified_time":"2025-06-24T23:06:17+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg","type":"image\/jpeg"}],"author":"TTR WEEKLY","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/ttrweekly","twitter_site":"@ttrweekly","twitter_misc":{"Written by":"TTR WEEKLY","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#article","isPartOf":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/"},"author":{"name":"TTR WEEKLY","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93"},"headline":"Tourism boosts the Philippines&#8217; GDP","datePublished":"2025-06-24T22:15:00+00:00","dateModified":"2025-06-24T23:06:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/"},"wordCount":202,"commentCount":0,"publisher":{"@id":"https:\/\/www.ttrweekly.com\/site\/#organization"},"image":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg","articleSection":["DESTINATIONS","PHILIPPINES"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/","url":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/","name":"Tourism boosts the Philippines' GDP - TTR Weekly","isPartOf":{"@id":"https:\/\/www.ttrweekly.com\/site\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage"},"image":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg","datePublished":"2025-06-24T22:15:00+00:00","dateModified":"2025-06-24T23:06:17+00:00","breadcrumb":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#primaryimage","url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg","contentUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2023\/09\/Manila-Philippines-scaled.jpg","width":2560,"height":1707,"caption":"Skyline of Manila City and Manila Bay, Philippines"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/06\/tourism-boosts-the-philippines-gdp\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ttrweekly.com\/site\/"},{"@type":"ListItem","position":2,"name":"Tourism boosts the Philippines&#8217; GDP"}]},{"@type":"WebSite","@id":"https:\/\/www.ttrweekly.com\/site\/#website","url":"https:\/\/www.ttrweekly.com\/site\/","name":"TTR Weekly","description":"News for Southeast Asia&#039;s travel planners. Latest news, travel news, B2B news, Southeast Asia, Thailand, Vietnam, Myanmar, Cambodia, Laos, Singapore, Malaysia, Indonesia, Philippines and Brunei.","publisher":{"@id":"https:\/\/www.ttrweekly.com\/site\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ttrweekly.com\/site\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ttrweekly.com\/site\/#organization","name":"ttrweekly","url":"https:\/\/www.ttrweekly.com\/site\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/","url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png","contentUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png","width":1133,"height":375,"caption":"ttrweekly"},"image":{"@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/web.facebook.com\/TTRweekly\/","https:\/\/x.com\/ttrweekly"]},{"@type":"Person","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93","name":"TTR WEEKLY","sameAs":["https:\/\/www.ttrweekly.com","https:\/\/x.com\/https:\/\/twitter.com\/ttrweekly"],"url":"https:\/\/www.ttrweekly.com\/site\/author\/e-newswire\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/252976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/comments?post=252976"}],"version-history":[{"count":2,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/252976\/revisions"}],"predecessor-version":[{"id":252994,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/252976\/revisions\/252994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/media\/226343"}],"wp:attachment":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/media?parent=252976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/categories?post=252976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/tags?post=252976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}