This statistic shows the share of economic sectors in the gross domestic product (GDP) in the Philippines from 2009 to 2019. — Psalm 1:3. It was in a bubble dependent on POGOs and speculative money of the elite. "Business establishments are enjoined to adopt multiple and staggered work shifts (workers are to be allowed to adopt work... DEPARTMENT OF INTERIOR AND LOCAL GOVERNMENT, Coronavirus recoveries pushed to 328,036, caseload now at 370,028. Statista. World Bank. Then you can access your favorite statistics via the star in the header. #BeTheFocus with all-new vivo V20 series, available today! Over half a year into the pandemic, the national government is still wrestling with curbing the spread of the pathogen, with the... Accounting for casualties and recoveries, there are still 529 active coronavirus cases in the Philippine National Police,... PBA player tests positive for COVID-19, Manila Clasico to push through, That person is like a tree planted by streams of water, which yields its fruit in season. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Big Mac index - global prices for a Big Mac 2020, Profit from additional features with an Employee Account. The PSA said domestic tourism expenditure represents 22 percent of the household final consumption expenditure. In contrast, domestic tourism expenditure increased to P3.14 trillion in 2019 from P2.85 trillion in 2018. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Since the beginning of the pandemic, one of the trends observed among global business leaders is the acceleration of their Environmental, Social and Governance efforts. Over half a year into the pandemic, the national government is still wrestling with curbing the spread of the pathogen, with the Philippines still being under the longest recorded quarantine in the world after 222 days of community quarantine. Eased curfews, staggered work shifts urged amid economic reopening. Are you interested in testing our corporate solutions? In this digital shift, a collaboration tool is elevating remote work, online learning, Drew, Iya and kids recreate Halloween chills and thrills with Globe At Home, Asurion to bring over 1,200 new jobs to Iloilo with new customer service center, WATCH: A delicious glimpse on Japanese cooking in video series by Herald Suites, Smart launches Philippines' biggest Call of Duty: Mobile – Garena tournament with 'Smart Play: Squad Up'. Please do not hesitate to contact me. Philippines: Share of economic sectors in the gross domestic product (GDP) from 2009 to 2019 [Graph]. Try our corporate solution for free! Label. “Coming at a time when the country is grappling with the most devastating impact of this pandemic, we are inspired by this report as it affirms the vital role of our tourism sector in contributing to the economic recovery of our nation,” Tourism Secretary Bernadette Romulo-Puyat said. This translated to a 13.5 percent contribution to the country’s overall employment. GDP growth (annual %) - Philippines. and over 1 Mio. By continuing to browse the site, you are agreeing to our use of cookies. (billed annually). World Bank national accounts data, and OECD National Accounts data files. “Not only do we bring in revenues, but also generate employment both directly and indirectly,” Clemente told The STAR. They knew they were on borrowed time, but the cash flowing in was too good... Price hikes not allowed in areas devastated by 'Rolly'. Data released by the Philippine Statistics Authority(PSA) showed the country’s Tourism Direct Gross Value Added (TDGVA) amounted to P2.48 trillion in 2019, a 10.8 percent increase from P2.24 trillion in the year before. Accessed November 02, 2020., World Bank. This site uses cookies. Learn more about how Statista can support your business. This feature is limited to our corporate solutions. Livestock and Poultry Statistics of the Philippines, 2015-2019. +1 (212) 419-5770 The tourism industry is among the hardest hit by the coronavirus disease  2019 or COVID-19 pandemic. While the PSA reported last year that the tourism sector also contributed 12.7 to the Philippine economy in 2018, this figure was recently revised to 12.3 percent in line with the overall revision and rebasing of the Philippine System of National Accounts. In addition, the data also showed that tourism employment reached 5.71 million in 2019, a 6.5 percent rise from 5.36 million in the year before. Regional Agricultural Production Accounts, 2017 to 2019 . Profit from additional features by authenticating your Admin account. The Philippines is among countries seen at higher risk. Sign up now! MANILA, Philippines — The tourism sector’s higher contribution to the country’s  gross domestic product (GDP) in 2019 underscores the crucial role of the industry not only to the economy, but also to employment generation as well, according to industry stakeholders. Copyright © 2020. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: The source does not provide any information regarding percentage points not adding up to or exceeding 100 percent.

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