Growth of Tourism in Philippines

Visitors to the Philippines bring in much-needed foreign currency. In 1993 receipts from tourism amounted to US $1.7 billion. About 21 percent of all visitors in 1991 were from Japan. Large numbers of tourists also visited from the United States, Hong Kong, Australia, Taiwan, Germany, Great Britain, Canada, and Singapore.

Another significant source of foreign currencies for the Philippines are remittances sent back by the thousands of Filipinos who have temporarily emigrated or the thousands at work in foreign nations. This latter group includes men working in the oil fields of the Middle East and women working as maids in the Middle East and in other Asian nations