Tourism Seen Contributing P5.9T to 2025 GDP

The tourism industry is poised to earn big this year, making up over one-fifth of the country's gross domestic product (GDP), according to a forecast by the World Travel and Tourism Council (WTTC).

- By GHIO ONG

Tourism is expected to "contribute P5.9 trillion or about 21 percent of the country's GDP for this year," the WTTC said in its 2025 Economic Impact Research report.

The expected income for this year is significantly higher than the pre-pandemic tourism receipts of P2.5 trillion in 2019, making it an "all-time high," the WTTC said.

The body also said the Philippines is expected to earn P709.2 billion from spending by international visitors and P4.1 trillion from domestic travelers this year.