State Tourism Satellite Account 2019–20

Northern Territory tourism summary

 

Gross State Product (GSP)


$1.9 billion
Down 28.1% compared with 2018–19

Gross Value Added (GVA)


$1.6 billion
Down 27.8% compared with 2018–19

Employment


12,500 persons
Down 19.7% compared with 2018–19

 

Tourism GSP 

In 2019–20 (compared to 2018–19):

  • direct tourism GSP in the NT was worth $0.869 billion (down 25.3%)
    • this was a 3.3% direct share of total state GSP (down 0.9 percentage points)
    • total state GSP was worth $25.9 billion (down 5.7%)
  • indirect tourism GSP was worth an extra $1.0 billion to the NT’s economy (down 30.3%)
  • total tourism GSP (both direct and indirect) was worth $1.9 billion to the NT’s economy (down 28.1%).

Tourism GVA 

In 2019–20 (compared to 2018–19):

  • direct tourism GVA in the NT was worth $0.792 billion (down 25.8%)
    • this was a 3.2% direct share of total state GVA (down 1.3 percentage points)
    • total state GVA was worth $24.8 billion (up 4.9%)
  • indirect tourism GVA was worth an extra $0.784 billion to the NT’s economy (down 29.7%)
  • total tourism GVA (both direct and indirect) was worth $1.6 billion to the NT’s economy (down 27.8%).

Tourism employment 

In 2019–20 (compared to 2018–19):

  • direct tourism employment in the NT accounted for 7,300 employees (down 12.1%)
    • this was a 5.6% direct share of total state employment (down 0.7 percentage points)
    • total state employment amounted to 131,000 employees (down 0.4%)
  • indirect tourism accounted for 5,200 employees in the NT (down 28.4%)
  • total tourism employment (both direct and indirect) accounted for 12,500 employees in the NT (down 19.7%).

Notes

What is direct contribution?

Money spent directly in the tourism industry. Without a tourism industry in the NT, this money wouldn’t be generated, or these people wouldn’t be employed.  

What is indirect contribution?

The flow-on effect of the tourism industry. In NT, for every dollar spent in the tourism industry, an additional 77 cents were spent elsewhere in the economy. 

Why we use GVA 

GVA allows easier comparisons across industries. GVA is equal to GSP minus taxes.