Average daily expenditure of international tourists Philippines 2019-2024

The diverse scenic beauty and historically significant sites in the Philippines made it popular with international tourists and have helped spur the growth of the tourism industry to a great extent. Although the average daily expenditure of international tourists has fluctuated since 2019, it remained within the average spending range pre-pandemic. As of July 2024, this amounted to about ***** Philippine pesos, lower than the peak average spending in 2022.

International tourist arrivals

Among international tourists arriving in the Philippines in as of July 204, travelers from South Korea were the biggest market. Therefore, they also registered the highest value of travel related expenditures in that period. Trailing behind by a considerable margin were travelers from the United States.

Contribution of tourism to the economy

The Philippines has a very lucrative tourism industry, with an increasing GDP contribution before the pandemic. While the industry's GDP share has not yet fully recovered in 2023, it was already significantly higher than the contribution in 2020 and 2021. Across tourism-related industries, transport services accounted for the highest gross value added in 2023.