Previous Page  24 / 84 Next Page
Information
Show Menu
Previous Page 24 / 84 Next Page
Page Background

The Tourism Satellite Account (TSA) provides indicators of the contribution of international visitors to New Zealand’s

economy. The following table details the most recent results available (for year ending March 2016) and shows key

indicators growing positively. Strong growth in visitor arrivals and spend for the most recent year provide confidence that

a positive result will be reflected in the next TSA, due to be published in December 2017. Until then, no results for FY17

are available.

Measure

3

YE March 2014 YE March 2015 YE March 2016P

International tourism expenditure in NZ

$10,345m

$12,114m

$14,486m

Tourism direct contribution to GDP

5.1%

5.2%

5.6%

International tourism as a percentage of total exports

15.4%

17.9%

20.7%

Tourism full-time employees — direct

175,284 (7.4%)

181,500 (7.4%)

188,136 (7.5%)

Tourism full-time employees — direct and indirect

309,210 (13.0%)

320,370 (13.0%)

332,322 (13.2%)

Total tourism expenditure (incl. domestic)

$28,039m

$30,935m

$34,699m

Tourism’s contribution to GST earnings

$2,242m

$2,494m

$2,830m

Expenditure data stated in the TSA will differ from the International Visitor Survey. This is because the TSA includes

international airfares and expenditure from fee paying international students in New Zealand for less than 12 months.

International tourism is a major export market

International tourism is one of New Zealand’s largest exports. A comparison of international tourism with New Zealand’s

major export sectors is shown below.

International tourism compared with New Zealand’s other key exports

2

$billion

$20

$15

$10

$5

$0

2013

2014

2015

2016P

International tourism

Dairy products, including casein

Meat and meat products

Wood and wood products

Year Ending March

2

Sourced from the Tourism Satellite Account (TSA) published annually by Statistics New Zealand.

3

YE March 2016 results are provisional. YE March 2014 and 2015 results have been revised by the TSA.

20