Gross State Product from tourism
Direct tourism GSP for all states and territories was $32.4 billion in 2020-21. This was down:
- 37% on 2019-20
- 46% on 2018-19.
In comparison, GDP for the Australian economy in 2020-21 was:
- 4.3% up on 2019-20
- 6.2% up on 2018-19.
As a result, tourism’s direct share of the national economy:
- fell from 3.1% in 2018-19 to 2.6% in 2019–20
- fell again to 1.6% in 2020-21.
This was a 1.5 percentage point decline in tourism’s share of national economic activity between 2018-19 and 2020-21.
Falls in GSP across states and territories
Table 2 shows large falls in direct tourism GSP across each state and territory in 2020-21. The falls in GSP were even more severe compared with 2018-19 pre-pandemic levels.
Falls in GSP were different across jurisdictions. For example, tourism GSP for SA in 2020-21 was 28% lower than in 2018-19. Prolonged lockdowns and border closures contributed to a 63% fall in GSP for Vic over the same period.
The fall in tourism’s share of state GSP from 2018-19 ranged between 1.1 percentage points (for SA and WA) to 2.2 percentage points (for Tas).
Table 2: Direct tourism GSP by state and territory, 2020-21
|
State/territory
|
2020-21 GSP ($B)
|
Change from 2019-20
|
Change from 2018-19
|
Share of economy in 2020-21
|
Share of economy in 2019-20
|
Share of economy in 2018-19
|
|
New South Wales
|
10.3
|
-34%
|
-44%
|
1.6%
|
2.5%
|
3.0%
|
|
Victoria
|
5.4
|
-57%
|
-63%
|
1.1%
|
2.6%
|
3.2%
|
|
Queensland
|
8.3
|
-28%
|
-39%
|
2.2%
|
3.2%
|
3.8%
|
|
South Australia
|
2.6
|
-18%
|
-28%
|
2.2%
|
2.8%
|
3.2%
|
|
Western Australia
|
3.5
|
-35%
|
-41%
|
0.9%
|
1.7%
|
2.0%
|
|
Tasmania
|
1.1
|
-26%
|
-36%
|
3.1%
|
4.6%
|
5.3%
|
|
Northern Territory
|
0.7
|
-24%
|
-43%
|
2.6%
|
3.3%
|
4.4%
|
|
Australian Capital Territory
|
0.6
|
-36%
|
-52%
|
1.4% |
2.2% |
3.0% |
|
Total
|
32.4
|
-37%
|
-46%
|
1.6% |
2.6% |
3.1% |
Indirect tourism GSP for all states and territories was $33.1 billion in 2020-21. Total GSP (direct plus indirect) was $65.5 billion in 2020-21 as a result. This direct and indirect GSP contribution was a 3.2% share of national GDP in 2020-21. This compares with a:
- 5.1% share in 2019-20
- 6.4% share in 2018-19.
Table 3 presents similar findings to Table 2 in measuring the total GSP impacts. Compared with 2018-19 pre-pandemic levels, Table 3 shows:
- falls in total GSP ranged from 32% for SA to 64% for Vic
- the fall in tourism’s share of state GSP ranged from 2.2 percentage points for WA to 4.8 percentage points for Tas and NT.
Table 3: Tourism GSP (direct plus indirect) by state and territory, 2020-21
|
State/territory
|
2020-21 GSP ($B)
|
Change from 2019-20
|
Change from 2018-19
|
Share of economy in 2020-21
|
Share of economy in 2019-20
|
Share of economy in 2018-19
|
|
New South Wales
|
20.8
|
-32%
|
-45%
|
3.2%
|
4.9%
|
6.1%
|
|
Victoria
|
10.7
|
-55%
|
-64%
|
2.3%
|
5.1%
|
6.4%
|
|
Queensland
|
16.8
|
-26%
|
-40%
|
4.6%
|
6.3%
|
7.7%
|
|
South Australia
|
5.2
|
-20%
|
-32%
|
4.4%
|
5.9%
|
7.0%
|
|
Western Australia
|
7.2
|
-33%
|
-41%
|
2.0%
|
3.4%
|
4.2%
|
|
Tasmania
|
2.3
|
-24%
|
-37%
|
6.5%
|
9.0%
|
11.3%
|
|
Northern Territory
|
1.4
|
-27%
|
-47%
|
5.5%
|
7.1%
|
10.3%
|
|
Australian Capital Territory
|
1.2
|
-34%
|
-51%
|
2.8%
|
4.4%
|
6.3%
|
|
Total
|
65.5
|
-35%
|
-47%
|
3.2%
|
5.1%
|
6.4%
|