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Tourism Contributes PHP2.27 Trillion To Philippine Economy In 2025
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Tourism Contributes PHP2.27 Trillion To Philippine Economy In 2025
Tourism contributed more than 8 percent to the Philippine economy in 2025, according to the Philippine Statistics Authority (PSA) on Thursday. The PSA’s Tourism Satellite Account report showed that Tourism Direct Gross Value Added (TDGVA) — or the gross value added generated by industries directly providing goods and services to visitors — was estimated at PHP2.27 trillion, accounting for 8.1 percent of the economy last year. The figure was slig…
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