Tourism Direct Gross Value Added (TDGVA). Travel restrictions, border controls and stringent community lockdowns imposed by the government as a result of the COVID-19 pandemic have halted the growth of the country’s tourism industry. After 11 years of consecutive growth, the tourism direct value added (TDGVA) declined by 61.2% to P973.3 billion in 2020 from P2.5 trillion in 2019 (Figure 1). The TDGVA is defined as the gross value added generated by the tourism industries of the economy that directly serve visitors (Philippine Statistics Authority). Meanwhile, the TDGVA as a percentage of gross domestic product (GDP) at 5.4% in 2020 is the lowest in 20 years, even lower than in 2000 and 2002, both at 5.6%.
