Australia: direct tourism GDP growth 2024| ��ƽ��

Growth of direct tourism gross domestic product (GDP) in Australia from financial year 2006 to 2024

Characteristic	Tourism GDP growth rate
2024	9.1%
2023	90.8%
2022	21.6%
2021	-36.2%
2020	-19.8%
2019	11.1%
2018	7.8%
2017	5.9%
2016	7.2%
2015	9.4%
2014	1.4%
2013	4.3%
2012	5.4%
2011	1%
2010	5.5%
2009	1.3%
2008	5.6%
2007	6.4%
2006	4.3%

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Release date

December 2024

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Region

Australia

Survey time period

FY 2006 to FY 2024

Special properties

for an activity to be included in direct tourism, there must be a direct relationship between the visitor and the producer of the good or service

Supplementary notes

GDP growth rate is at current prices.

Australia's financial years run from July to June of the following year. For example, FY 2017 starts on July 1, 2016 and ends on June 30, 2017.

Citation formats

Australia's tourism gross domestic product (GDP) bounced back strong in 2023, recording an increase of 90.8 percent. In 2024, the country's tourism GDP increased by around 9.1 percent. After witnessing a significant decline in tourism GDP in 2020 and 2021, with tourism GDP taking a massive plunge of 36.2 percent in 2021 as a result of the coronavirus outbreak, the industry appears to be on the road to recovery.

Economic contribution and employment trends

Australia's tourism sector recovery is reflected in its substantial economic contribution in 2024. In the year ending June 2024, Australia's direct tourism GDP rose to approximately 75 billion Australian dollars. New South Wales continued to be a key player in the industry, with its tourism gross value added (GVA) reaching about 20 billion Australian dollars. The state also led in employment, with around 195,000 people directly employed in the tourism sector. These figures underscore the tourism industry's significance in driving economic growth and job creation across the country.

International visitors fuel industry recovery

The revival of Australia's tourism sector is closely tied to the return of international tourists. In 2024, the country welcomed over 7.3 million international visitor arrivals, a significant increase from the mere 140,000 visitors recorded during the height of pandemic restrictions in 2021. New Zealand residents led the way, with over 1.2 million visitors, followed by tourists from China numbering just below 750,000. This influx of international travelers contributed substantially to the Australian economy in 2024, with total trip expenditure reaching approximately 47.8 billion Australian dollars, surpassing pre-pandemic levels for the first time.