5249.0 - Australian National Accounts: Tourism Satellite Account, 2015-16 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 21/12/2016   
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KEY FIGURES


2014-15 to 2015-16 % change

Tourism
Total Economy

Gross Domestic Product (GDP)
Current prices
7.4
2.3
Chain volume measure
6.1
2.8
Gross Value Added at basic prices
Current prices
7.5
2.7
Chain volume measure
6.1
2.7
Employed persons
1.2
2.0
Hours worked index
-1.1
1.7
Gross value added per hour worked
Exports of goods and services, current prices
6.9
11.1
1.0
-1.9

Graph Image for Growth in Key Aggregates

2015-16 Key Points

CHAIN VOLUME MEASURES

        • Direct tourism Gross Domestic Product (GDP), in volume terms, increased by 6.1%, compared with real GDP growth of 2.8%.
        • Direct tourism gross value added at basic prices, in volume terms increased by 6.1%, compared to gross value added for all industries which increased by 2.7%.
        • Internal tourism consumption (total domestic and international consumption in Australia) in volume terms, increased by 6.1%. Of this figure, domestic tourism consumption increased by 4.7% while international tourism consumption grew by 10.1%.
        • Direct tourism gross value added per hour work (a measure of tourism labour productivity) increased by 6.9% compared to growth for the whole economy of 1.0%.

CURRENT PRICE MEASURES

GDP
        • Direct tourism GDP increased by 7.4% to $52,918m, compared with GDP growth of 2.3%.
        • Tourism share of GDP increased to 3.2% from 3.0%.

INDUSTRY GROSS VALUE ADDED
        • Direct tourism gross value added increased by 7.5% to $48,529m.

TOURISM CONSUMPTION
        • Internal tourism consumption increased by 6.1% to $129,895m.
        • Domestic tourism consumption increased by 4.4% to $95,672m.
        • Tourism exports (international tourism consumption in Australia) increased by 11.1% to $34,222m.
        • Tourism imports (outbound tourism consumption by Australian residents on outbound trips) increased by 7.2% to $38,555m.

TOURISM EMPLOYMENT
        • Tourism employed persons increased by approximately 6,800 employees to 580,200 employed persons.
        • Tourism share of total employment remains unchanged at 4.9%.
        • Hours worked in tourism decreased by 1.1%, compared with an increase of 1.7% for the overall economy.


NOTES


CHANGES IN THIS ISSUE

The 2015-16 publication reflects results from the annual TSA update process where estimates for the latest year are modelled using movements in visitor consumption.

The levels of Tourism employment have been adjusted to reflect improved seasonal analysis factors in the Labour Force estimates. See the Explanatory Notes for more detail.


INQUIRIES

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