Queensland summary

Gross State Product (GSP)

$16.8 billion
Down 26% compared with 2019–20
Down 40% compared with 2018–19

Gross Value Added (GVA)

$14.7 billion
Down 28% compared with 2019–20
Down 41% compared with 2018–19

Employment

174,000 persons
Down 15% compared with 2019–20
Down 24% compared with 2018–19

Tourism GSP 

In 2020–21: 

  • Direct tourism GSP in Queensland (Qld) was worth $8.3 billion. This was down:
    • 28% on 2019–20
    • 39% on 2018–19. 
    This was a 2.3% direct share of total state GSP. It was down:
    • 0.9 percentage points on 2019–20
    • 1.5 percentage points on 2018–19. 
  • Total state GSP was worth $366.3 billion. This was up:
    • 1.3% on 2019–20
    • 0.1% on 2018–19. 
  • Indirect tourism GSP was worth an extra $8.5 billion to Qld’s economy. This was down:
    • 25% on 2019–20
    • 41% on 2018–19. 
  • Total tourism GSP (both direct and indirect) was worth $16.8 billion to Qld’s economy. This was down:
    • 26% on 2019–20
    • 40% on 2018–19. 

Tourism GVA  

In 2020–21: 

  • Direct tourism GVA in Qld was worth $7.5 billion. It was down:
    • 29% on 2019–20
    • 40% on 2018–19. 
    This was a 2.2% direct share of total state GVA. It was down:
    • 0.9 percentage points on 2019–20
    • 1.4 percentage points on 2018–19. 
  • Total state GVA was worth $341.4 billion. It was:
    • up 0.3% on 2019–20
    • down 1.0% on 2018–19. 
  • Indirect tourism GVA was worth an extra $7.2 billion to the Qld economy. It was down:
    • 27% on 2019–20
    • 43% on 2018–19. 
  • Total tourism GVA (both direct and indirect) was worth $14.7 billion to the Qld economy. It was down:
    • 28% on 2019–20
    • 41% on 2018–19. 

Tourism employment  

In 2020–21: 

  • Direct tourism employment in Qld accounted for 120,600 employees. It was down:
    • 13% on 2019–20
    • 18% on 2018–19.
    This was a 4.7% direct share of total state employment. It was down:
    • 0.8 percentage points on 2019–20
    • 1.2 percentage points on 2018–19. 
  • Total state employment was 2.6 million employees. It was up 2.9% each on 2019–20 and 2018–19.
  • Indirect tourism accounted for 53,400 employees in Qld. It was down:
    • 19% on 2019–20
    • 35% on 2018–19. 
  • Total tourism employment (both direct and indirect) accounted for 174,000 employees in Qld. It was down:
    • 15% on 2019–20
    • 24% on 2018–19. 

Definitions

About direct contribution 

Direct contribution is money spent directly in the tourism industry. Without a tourism industry in Qld:

  • this money wouldn’t be generated in the Australian economy
  • this employment wouldn’t be created in the Qld workforce.   

About indirect contribution

Indirect contribution is the flow-on effect of the tourism industry. For every dollar spent in the tourism industry in Qld, an extra 84 cents were spent elsewhere in the economy.  

Why we use GVA  

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