5249.0 - Australian National Accounts: Tourism Satellite Account, 2018-19 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 12/12/2019   
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Key figures

2017-18 to 2018-19 % change

Tourism
Total Economy

Gross Domestic Product (GDP)
Current prices
6.0
5.3
Chain volume measure
3.4
1.9
Gross Value Added at basic prices
Current prices
6.1
5.4
Chain volume measure
3.3
1.9
Employed persons
3.3
2.4
Hours worked index
2.6
2.1
Gross value added per hour worked
0.6
-0.2



Figure 1. Growth in key aggregates



Figure 1 shows growth in key aggregates.

2018-19 Key Points

Chain volume measures

        • Direct tourism Gross Domestic Product (GDP), in volume terms, increased by 3.4%, compared with real GDP growth of 1.9%.
        • Direct tourism gross value added at basic prices, in volume terms increased by 3.3%, compared to gross value added for all industries which increased by 1.9%.
        • Internal tourism consumption (total domestic and international consumption in Australia) in volume terms, increased by 3.1%. Of this figure, domestic tourism consumption increased by 3.4% while international tourism consumption grew by 2.0%.
        • Direct tourism gross value added per hour worked (a measure of tourism labour productivity) increased by 0.6% compared to growth for the whole economy which fell by -0.2%.

Current price measures


GDP

        • Direct tourism GDP increased by 6.0% to $60,821m, compared with GDP growth of 5.3%.
        • Tourism share of GDP remained unchanged at 3.1%.

Industry gross value added
        • Direct tourism gross value added increased by 6.1% to $55,939m.

Tourism consumption
        • Internal tourism consumption increased by 6.2% to $152,039m.
        • Domestic tourism consumption increased by 6.7% to $112,893m.
        • Tourism exports (international tourism consumption in Australia) increased by 4.6% to $39,145m.
        • Tourism imports (outbound tourism consumption by Australian residents on outbound trips) increased by 7.8% to $58,306m.

Tourism employment
        • Tourism employed persons increased by approximately 21,500 employees to approximately 666,000 employed persons.
        • Tourism share of total employment remained stable at 5.2%.
        • Hours worked in tourism increased by 2.6%, compared with an increase of 2.1% for the overall economy.


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