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Economic signficance

Tourism's contribution to Victoria's economy

On this page

  • Value of tourism in Victoria
  • Economic importance of tourism in Victoria's regions
  • Number and type of tourism businesses in Victoria
  • Economic impact of the Formula 1 Grand Prix

The following fact sheets, prepared by Tourism Victoria's research unit, provide useful information about the tourism's important and sizeable contribution to Victoria's economy.

Value of tourism in Victoria

The Economic contribution of tourism to Victoria 2015-16 (PDF 651.7 KB)PDF icon  provides insight into the value of tourism to the state's economy in terms of Gross State Product (GSP), Gross Value Added (GVA), and includes employment generated by the tourism sector.

To find out more, visit Tourism Research Australia's website.

Economic importance of tourism in Victoria's regions

The Victorian regional tourism satellite accounts summary 2015-16 (PDF 786.58 KB)PDF icon provides data about the estimated economic importance of tourism for Melbourne versus Regional Victoria and within each of Victoria's tourism regions. Further detail is included in a dedicated factsheet for each region below.

The Regional tourism satellite account user guide 2015-16 (PDF 333.28 KB)PDF icon includes explanations of the key accounting concepts used, as well as guidelines on how to interpret and use the economic estimates.

Number and type of tourism businesses in Victoria

The Victorian tourism businesses June 2016 factsheet (PDF 221.25 KB)PDF icon provides data on the number of tourism businesses in Victoria and its regions in June 2016. Breakdowns by type and size are also included, as well as comparisions for the period June 2012 to June 2016. 

To find out more, visit Tourism Research Australia's website.

Economic impact assessment of the Grand Prix

The following reports provide an overview on economic impact of the Formula 1 Australian Grand Prix and its benefits for Victoria:

Page last updated 6 November 2017