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Economic significance

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 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 in Victoria 2016-17 (PDF 1879.72 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

Tourism Research Australia has produced Regional Tourism Satellite Accounts (RTSA) for all of Australia‚Äôs official tourism regions.  RTSA estimate the economic value of tourism to regions in terms of Gross Regional Product (GRP) and employment generated, among other metrics.

The Victorian regional tourism satellite accounts summary 2016-17 (PDF 903.75 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 Tourism Research Australia factsheet for each region below.

Visit the Tourism Research Australia website to access summary reports for official tourism regions, as well as related excel tables and explanatory notes.

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 comparisons 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