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Tourists Spend $17.2 Billion in 2004

22 June 2005

Tourists Spend $17.2 Billion in 2004

Tourism expenditure in New Zealand was $17.2 billion for the year ended March 2004, Statistics New Zealand said today. This was 0.4 percent higher than the $17.2 billion tourists spent in 2003. The Tourism Satellite Account 2004 report, released today, also shows that in the March 2002 and March 2001 years tourists spent $16.2 billion and $15.3 billion, respectively.

Tourism expenditure includes spending in New Zealand by overseas visitors and by domestic household, business and government travellers. Spending by international students studying in

New Zealand for less than one year is included in international tourism expenditure. In 2004, international tourism spending was down 2.4 percent (to $7.4 billion), while spending by domestic tourists increased 2.6 percent (to $9.8 billion). The international visitor share of total tourism expenditure was 43.1 percent in 2004. New Zealand households accounted for 44.6 percent, and business and government travellers for 12.3 percent. Other key tourism statistics show that:

In 2004, tourism's direct contribution to New Zealand's gross domestic product (also called direct tourism value added) was $6.2 billion, which was 4.9 percent of the total contribution from all industries.

When indirect flow-on effects are included, a further $5.8 billion value added was generated by ƒnindustries supporting tourism. These flow-on effects occur when suppliers of tourism services (such as transport, accommodation and restaurant meals) purchase goods and services from their suppliers (for example, fuel, electricity, meat and vegetables).

An estimated 102,700 full-time equivalent employees were directly engaged in producing the goods and services purchased by tourists in the year ended March 2004. Tourists paid $1.3 billion in GST on their purchases in the March 2004 year. ƒnThe Tourism Satellite Account 2004 provides an updated analysis of the New Zealand tourism industry and explains the concepts and methodology used.

The report builds on, and is consistent with, the results in Tourism Satellite Account 2000-2003, which was published in June 2004. @ These reports are part of an ongoing programme funded by the Ministry of Tourism to enhance understanding of the role tourism plays in New Zealand. Tourism Satellite Account 2004 is available free from the Statistics New Zealand website (www.stats.govt.nz/tourism). Ian Ewing Acting Government Statistician

ENDS

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