PSA: Philippine tourism industry booked highest ever growth in 2023
Regulation · 2024-06-20

PSA: Philippine tourism industry booked highest ever growth in 2023

The Philippines’ tourism industry posted its highest ever growth in 2023, with its share of gross value added as measured by Gross Domestic Product (GDP) contribution reaching 8.6% according to data from the Philippine Statistics Authority.

The Tourism Direct Gross Value Added (TDGVA) amounted to Php2.09 trillion (US$35.6 billion) in 2023, up 47.9% year-on-year and the highest growth in tourism since the start of the data compilation in 2000, the agency explained.

GDP contribution of 8.6% was also up from 6.4% in 2022.

The authority said it considers tourism to comprise accommodation services, food and beverage serving activities, transport services, travel agencies and other reservation services, entertainment and recreation services, shopping, and miscellaneous services.

Please fill out the form to send a message to the CDC Gaming Reports team. Alternatively, you can send an email to the address on the footer of each page.

Popular articles
Zenith partners with HUIDU for 2026 World Cup Carnival Official Tour
Online Game
GAT Expo Puerto Rico Will Pulse with the New Era of Gaming in the Caribbean
Marketing
SBC Summit Canada to Make Player Safety a Key Pillar of 2026 Agenda
Marketing
Vietnam’s Controlled Gaming Shift Gains Ground, But Domestic Demand Still Lags
Southeast Asia
Kazakhstan plans to penalise online casino promotions
Regulation
Online gambling, crypto pose ongoing money laundering risks in Philippines, analyst says
Southeast Asia
British gambling levy rates confirmed for each vertical
Regulation
Brazil Proposes Raising Gambling Tax Rate to 24%, With Revenue Allocated to Social Security and Healthcare
Regulation
JILI Partners with Cricket Legend AB de Villiers (ABD) to Launch Exclusive Branded Game Series 100% 11
Sports Game
UK MPs reopen 2025 gambling inquiry as reform stalls
Regulation
B2B Tech Infrastructure Gains Momentum in Philippine Gaming Sector
Southeast Asia
Full House at GAT Expo Cartagena 2026 Academic Agenda
Online Game
What’s on the SBC Summit Conference Agenda in 2026?
Marketing
Institutional Academy that exceeded expectations marked the opening of GAT CDMX
Online Game
New Jersey July Gambling Revenue Hits $606M, Sweeps Casinos Banned
Regulation
Home
Game
Cooperation
Find
My