Gross value added of the tourism industry Philippines 2019-2022, by type

The Southeast Asian nation of the Philippines is a popular travel destination due to the several islands that form its topography. Tourism is a thriving source of revenue for the country, with the transportation sector contributing the largest share in income of the industry over the past three years. In 2022, the gross value added from this sector amounted to about 564 billion Philippine pesos.

COVID-19's impact on tourism

The tourism industry across the globe experienced the harshest impacts of the coronavirus (COVID-19) pandemic. Countries were forced to shut down borders and impose nationwide lockdown to limit movement, leading to massive declines in tourist arrivals and expenditures. Overall, the tourism industry’s share of direct gross value added to the country’s GDP also drastically declined during this period.

Travel behavior

According to a July 2022 survey among Filipino travelers, leisure and holidays were the leading reason for travelling in that year. Increased intention to travel has been observed in recent periods, especially for domestic travel. Boracay, Baguio, and Palawan were the most popular domestic travel destinations according to Filipinos surveyed in June of 2022.