Philippines: average daily expenditure of international tourists 2024| ��ƽ��

Average daily expenditure of inbound tourists in the Philippines from 2019 to July 2024 (in Philippine pesos)

Characteristic	Average daily expenditure in Philippine pesos
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Source

Release date

August 2024

More information

Region

Philippines

Survey time period

2019 to July 2024

Supplementary notes

*as of July 2024

One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of May 2025.

Figures for years 2019 to 2021 were previously published by the source.

Citation formats

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.