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1. • • MANILA – As inbound and domestic travel gain momentum, tourism in the Philippines has seen a remarkable turnaround this 2023, breaching targets and continuing to generate employment to millions of Filipinos.
     www.pna.gov.ph/articles/1215975

     PH tourism: A year of exceeding expectations | Philippine ...

2. People also ask

   Why is the Philippines so popular in 2023?

   • “The extraordinary journey of Philippine tourism in 2023 saw the world express its LOVE for the Philippines with our country’s rise to global prominence as the World’s Leading Beach and Dive Destination, and Asia’s Best Cruise Destination, among many other accolades.

   5.45 million tourists flocked to the PH in 2023 – adobo Magazine

   www.adobomagazine.com/travel/philippines-exceeds-2023-tourism-goals-with-5-million-reported-visitors-and-php-480-billion-in-receipts/

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   How many tourists are coming to the Philippines in 2023?

   • The Philippines welcomed 5.45 million tourists to the country in 2023, up from the initial target of 4.8 million and a 105 percent increase compared to 2022, which was at 2.65 million, according to the Department of Tourism. It’s not quite at the levels pre-pandemic (66 percent of 2019’s 8.3 million), but the DOT says we’re on the right track.

   Top Visitors to the Philippines by Nationality 2023

   www.esquiremag.ph/life/travel/top-visitors-to-the-philippines-by-nationality-2023-a2512-20240104

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   Is 2023 a win for the Philippine tourism industry?

   • Manila, Philippines —The year 2023 is a win for the Philippine tourism industry as it welcomed more than five million international visitor arrivals from January 1 to December 31, 2023, recording more than PHP480 billion in international tourism receipts, according to Department of Tourism (DOT) Secretary Christina Garcia Frasco.

   DOT Chief: Philippines surpasses yearend target with 5.45

   beta.tourism.gov.ph/news_and_updates/dot-chief-philippines-surpasses-yearend-target-with-5-45-million-intl-visitor-arrivals-in-2023-intl-visitor-receipts-surge-at-php482-54-billion/

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   How will the Philippine economy grow in 2023?

   • Over the next decade the Philippines economy is forecast to continue to grow rapidly, with total GDP increasing from USD 440 billion in 2023 to USD 800 billion in 2030. A key growth driver will be rapid growth in private consumption spending, buoyed by strong growth in urban household incomes.

   Philippines economy shows robust growth into the new year

   www.spglobal.com/marketintelligence/en/mi/research-analysis/philippines-economy-shows-robust-growth-into-the-new-year.html

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   How did the Philippines perform in 2023?

   • The Philippines recorded a significant improvement in its balance of payments position during 2023, with a cumulative balance of payments surplus of USD 3 billion for the first eleven months of 2023, compared with a deficit of USD 7.9 billion for the same period a year ago.

   Philippines economy shows robust growth into the new year

   www.spglobal.com/marketintelligence/en/mi/research-analysis/philippines-economy-shows-robust-growth-into-the-new-year.html

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   Which country welcomed the most tourists in 2023?

   • If you guessed South Korea at number one, you’re correct. The Philippines welcomed 5.45 million tourists to the country in 2023, up from the initial target of 4.8 million and a 105 percent increase compared to 2022, which was at 2.65 million, according to the Department of Tourism.

   Top Visitors to the Philippines by Nationality 2023

   www.esquiremag.ph/life/travel/top-visitors-to-the-philippines-by-nationality-2023-a2512-20240104

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3. beta.tourism.gov.ph › news_and_updates › dot-chiefDOT Chief: Philippines surpasses yearend target with 5.45 ...

   beta.tourism.gov.ph › news_and_updates › dot-chief

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   Jan 3, 2024 · With the Philippines being known as one of the most hospitable countries in the world, 126,343 tourism workers were trained for the Filipino Brand of Service Excellence (FBSE) as of December 31, 2023, surpassing the initial 100,000 set by no less than the tourism chief.

4. www.adobomagazine.com › travel › philippines-exceeds5.45 million tourists flocked to the PH in 2023 – adobo Magazine

   www.adobomagazine.com › travel › philippines-exceeds

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   Jan 4, 2024 · Philippine tourism hits a high note in 2023, welcoming 5.45 million international visitors and generating PHP480 billion in receipts, exceeding initial projections.

5. www.esquiremag.ph › life › travelTop Visitors to the Philippines by Nationality 2023

   www.esquiremag.ph › life › travel

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   Jan 4, 2024 · The Philippines welcomed 5.45 million tourists to the country in 2023, up from the initial target of 4.8 million and a 105 percent increase compared to 2022, which was at 2.65 million, according to the Department of Tourism.

6. Videos

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     This is Why The Philippines is My Favorite Country!!!

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     Philippines’ 2023 GDP growth ‘strongest’ among major Asian countries - DOF

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7. www.mckinsey.com › ph › our-insightsThe Philippines’ economy in 2023 | McKinsey

   www.mckinsey.com › ph › our-insights

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   • Real estate and construction. Several global and macroeconomic shocks will likely impact the Philippines’ post-pandemic economic recovery in the real estate and construction sectors.
   • Travel and hospitality. The outlook for the travel and hospitality sector is strong, with a full recovery to pre-pandemic levels expected by 2024. Outbound and inbound travel may be sluggish due to remaining international travel restrictions and further health and safety concerns: 71 percent of Asian countries still impose travel restrictions to varying degrees; Europe is more lenient with 50 percent of countries imposing no restrictions at all.
   • Financial services. The strength of the Philippines’ financial services sector in 2023 will likely be subject to two key factors: interest rate hikes and rising inflation.
   • Energy. Growth in the Philippines’ energy sector contracted to 4.8 percent in 2022 and is expected to rebound to 5.5 percent in 2023. However, the sector needs to ensure that this growth target can be met given looming supply constraints and while accelerating the transition to green energy.

8. www.spglobal.com › marketintelligence › enPhilippines economy shows robust growth into the new year

   www.spglobal.com › marketintelligence › en

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   Dec 22, 2023 · Over the next decade the Philippines economy is forecast to continue to grow rapidly, with total GDP increasing from USD 440 billion in 2023 to USD 800 billion in 2030. A key growth driver will be rapid growth in private consumption spending, buoyed by strong growth in urban household incomes.

9. www.pna.gov.ph › articles › 1215975PH tourism: A year of exceeding expectations | Philippine ...

   www.pna.gov.ph › articles › 1215975

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   Dec 27, 2023 · MANILA – As inbound and domestic travel gain momentum, tourism in the Philippines has seen a remarkable turnaround this 2023, breaching targets and continuing to generate employment to millions of Filipinos. Based on the Department of Tourism’s (DOT) latest data, the industry already surpassed…

10. www.philstar.com › headlines › 2023/12/22‘Love the Philippines’ reaches top world tourist attractions

    www.philstar.com › headlines › 2023/12/22

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    Dec 22, 2023 · MANILA, Philippines — While the number of foreign tourist arrivals in the Philippines has exceeded previous estimates before yearend, the Department of Tourism (DOT) continues to promote the...