Philippines Tourism Receipts
International tourism receipts ST.INT.RCPT.CD
Philippines's tourism receipts was $2.8B in 2020, ranked 35th globally. This represents a 75.8% decrease from 2019. Data from World Bank, covering 1995–2020.
Overview
Philippines's tourism receipts stood at $2.8B in 2020, a decline of +$8.7B from 2019. Philippines ranked 35th globally.
The Philippines' tourism receipts have exhibited significant growth over the past two and a half decades, with the all-time peak of $11,455,000,000.00 reached in 2019. This represents a substantial increase from the all-time trough of $1,141,000,000.00 in 1995, a difference of approximately $10,314,000,000.00. Although the sector has experienced a decline in 2020, with receipts of $2,769,000,000.00, this still positions the Philippines 35th globally. In comparison, peer countries such as Puerto Rico and South Africa have also experienced growth, with Puerto Rico's receipts standing at $2,921,000,000.00 and South Africa's at $2,716,000,000.00 in 2020. The sector's performance is heavily influenced by global events and travel restrictions, as evident in the significant decline in 2020 due to the COVID-19 pandemic. A sustained recovery in international travel and tourism, particularly from key markets such as Southeast Asia and the Americas, is crucial for the sector to regain momentum and potentially surpass pre-pandemic levels.
Data & projection
| Year | Tourism Receipts | YoY change | Rank |
|---|---|---|---|
| 2020 | $2.8B | −$8.7B | #35 |
| 2019 | $11.5B | +$1.7B | #31 |
| 2018 | $9.7B | +$1.4B | #35 |
| 2017 | $8.3B | +$2.1B | #38 |
| 2016 | $6.3B | −$125.0M | #42 |
| 2015 | $6.4B | +$355.0M | #41 |
| 2014 | $6.1B | +$460.0M | #41 |
| 2013 | $5.6B | +$636.0M | #44 |
| 2012 | $5.0B | +$910.0M | #46 |
| 2011 | $4.1B | +$612.0M | #47 |
| 2010 | $3.4B | +$525.0M | #50 |
| 2009 | $2.9B | −$377.0M | #51 |
| 2008 | $3.3B | −$2.2B | #49 |
| 2007 | $5.5B | +$1.5B | #38 |
| 2006 | $4.1B | +$1.2B | #39 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw tourism receipts improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's tourism receipts was $2.8B in 2020. Ranked 35th globally. This represents a 75.8% decrease from the previous year.
Philippines's tourism receipts peaked at $11.5B in 2019.
The lowest tourism receipts in Philippines was $1.1B in 1995.
Philippines ranks 35th globally in tourism receipts as of 2020.
The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.
Philippines's tourism receipts was approximately 2.77 billion ($2.8B) in 2020.
The tourism receipts of Philippines in 2020 was $2.8B. This ranks 35th in the world.
Cite this page
@misc{historysaid_philippines_tourism-receipts,
title = {Philippines Tourism Receipts},
url = {https://historysaid.com/philippines/tourism-receipts/},
publisher = {HistorySaid},
year = {2026}
}