The gross value added generated from the tourism industry (GVATI) in the Philippines reflected slight improvements compared to its performance in 2020 during the onset of the coronavirus (COVID-19) pandemic. Across tourism sectors, country-specific tourism characteristic services accounted for the highest growth rate, followed by entertainment and recreation services. Meanwhile, accommodation services for visitors reflected continued contraction in 2021.
Annual growth rate of the gross value added generated from the tourism industry (GVATI) in the Philippines from 2019 to 2021, by sector
According to the source, the gross value added of the tourism industry (GVATI) was derived based on production accounts of tourism industries and other industries and total domestic supply and internal tourism consumption which were computed using the data from the input-output table, input-output survey of Philippine Business and Industry and the National Accounts of the Philippine Statistics Authority.
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PSA (Philippines). (June 16, 2022). Annual growth rate of the gross value added generated from the tourism industry (GVATI) in the Philippines from 2019 to 2021, by sector [Graph]. In Statista. Retrieved June 30, 2022, from https://www.statista.com/statistics/1090339/philippines-growth-rate-gross-value-added-tourism-industry-by-type/
PSA (Philippines). "Annual growth rate of the gross value added generated from the tourism industry (GVATI) in the Philippines from 2019 to 2021, by sector." Chart. June 16, 2022. Statista. Accessed June 30, 2022. https://www.statista.com/statistics/1090339/philippines-growth-rate-gross-value-added-tourism-industry-by-type/
PSA (Philippines). (2022). Annual growth rate of the gross value added generated from the tourism industry (GVATI) in the Philippines from 2019 to 2021, by sector. Statista. Statista Inc.. Accessed: June 30, 2022. https://www.statista.com/statistics/1090339/philippines-growth-rate-gross-value-added-tourism-industry-by-type/
PSA (Philippines). "Annual Growth Rate of The Gross Value Added Generated from The Tourism Industry (Gvati) in The Philippines from 2019 to 2021, by Sector." Statista, Statista Inc., 16 Jun 2022, https://www.statista.com/statistics/1090339/philippines-growth-rate-gross-value-added-tourism-industry-by-type/
PSA (Philippines), Annual growth rate of the gross value added generated from the tourism industry (GVATI) in the Philippines from 2019 to 2021, by sector Statista, https://www.statista.com/statistics/1090339/philippines-growth-rate-gross-value-added-tourism-industry-by-type/ (last visited June 30, 2022)
