• PNG Business News

Tourism Not Measured in Statistics

Unlike other economic sectors such as fisheries, agriculture, and mining, the tourism industry in Papua New Guinea has not been explicitly measured in the economic statistics for its contribution to the gross domestic product (GDP).

Thus, said PNG Tourism Promotion Authority (PNGTPA) chief executive officer Eric Mossman Uvovo. He added that even if the tourism industry in the country is small, tourism would definitely play a huge role in the growth of the economy.

“Therefore, the development of satellite accounts is vital for PNG, so that reliable data on the impact of tourism on the economy and employment can be measured effectively going forward,” he said.

An approved way of measuring the direct contribution of tourism consumption to the economy, tourism satellite accounts is the standard United Nations. The TPA, a member of the United Nations World Tourism Organisation, will lead the technical working group to implement this project next year.

The satellite account will meet monthly to monitor and coordinate the progress and provide support while the NSO has the role of producing satellite accounts in the country.

PNG Business News

2nd Floor, Suite 6,

Corinthian Plaza Building,

Paseo De Roxas, Legaspi Village,

Makati, Philippines

Phone: +632 251 5599

Subscribe to Our Newsletter

  • White Facebook Icon

© PNG Business News