Australia is one of the world’s most popular tourist destinations, attracting millions of visitors every year. The country’s unique landscapes, wildlife, and cultural experiences make it a must-visit destination for many travelers.
But how much does Australia earn from tourism? Let’s take a closer look.
Overview of Tourism in Australia
Tourism is a significant contributor to the Australian economy, generating billions of dollars in revenue each year. According to the Australian Bureau of Statistics (ABS), the tourism industry contributed AUD 60.8 billion to the country’s economy in 2019-20, accounting for 3.1% of GDP.
The Number of Visitors
In 2019-20, Australia welcomed over nine million international visitors, with China being the largest source market followed by New Zealand and the United States. In addition to international visitors, domestic tourism is also a significant contributor to the industry. Domestic overnight trips reached nearly 110 million in 2019-20.
The Economic Impact
Tourism plays an essential role in creating jobs and supporting businesses across Australia. In 2019-20, over 646,000 people were employed in the tourism industry. This number represents around 5% of total employment in Australia.
Tourism Revenue
The revenue generated by tourism in Australia has been steadily increasing over recent years. In 2019-20, total tourism revenue was AUD 107 billion – an increase of 5% compared to the previous year.
Breakdown by State/Territory
The tourism industry contributes differently across various states and territories within Australia. According to Tourism Research Australia (TRA), New South Wales generated the most tourism revenue at AUD 32 billion in 2019-20, followed by Queensland at AUD 28 billion and Victoria at AUD 24 billion.
Breakdown by Industry
The tourism industry in Australia is diverse, consisting of various sectors such as accommodation, food and beverage, transportation, and travel agencies. In 2019-20, the accommodation sector generated the most revenue at AUD 22 billion, followed by food and beverage services at AUD 18 billion.
Conclusion
Tourism is a crucial contributor to the Australian economy, generating billions of dollars in revenue each year. The industry supports businesses and creates jobs across various sectors and regions within Australia. With the country’s unique landscapes and cultural experiences, it’s no surprise that Australia remains a top tourist destination for travelers worldwide.