Economic Value

12 April 2012

The tourism and events sector is vital to the NSW economy contributing billions in revenue and supporting tens of thousands of jobs throughout the state - many of them in regional NSW.

Contribution of Tourism to NSW

Economic Contribution of Tourism to NSW 2021-22 (PDF 588 kb)

Tourism’s Value to NSW 2021-22 (PDF 109 kb)

These reports highlight the significant value of the tourism industry to NSW as well as its contribution to the Australian economy. Key measures include tourism consumption, tourism gross state product, tourism gross value added, tourism employment and tourism businesses.

In 2021-22, NSW tourism contributed $20.1 billion to the state’s gross state product.

Source: State Tourism Satellite Account 2021-22, Tourism Research Australia

Contribution of Tourism to each region in NSW

Regional Tourism Satellite Account reports for 2021-22

The Regional Tourism Satellite Accounts provide information on the economic importance of tourism for each of NSW’s tourism regions. Reports include infographics and data tables for Sydney and for each tourism region in Australia.

Excluding the contribution of the rest of Australia, the Sydney tourism region accounted for 36% of the total direct and 40% of the total indirect tourism employment in NSW and 44% of the State’s total tourism Gross State Product.

Note: The following infographics are image files. For the same data in an Excel spreadsheet format, see the Tourism Research Australia website.
Blue Mountains New England North West Sydney
Capital Country North Coast South Coast
Central Coast Outback NSW The Murray
Central NSW Riverina
Hunter Snowy Mountains

Summary table

Direct tourism contribution Total tourism contribution
Gross regional product
Tourism Filled Jobs
Gross regional product
Tourism Filled Jobs
Sydney 4,652 41.8 8,912 64.7
Blue Mountains 177 2.7 354 3.6
Capital Country 240 3.5 497 4.9
Central Coast 371 5.6 741 7.7
Central NSW 418 7.2 883 9.8
Hunter 803 11.5 1,630 16.1
New England NW 213 3.4 449 4.7
North Coast 1,195 17.6 2,409 24.4
Outback NSW 67 1.3 122 1.6
Riverina 165 2.8 373 3.9
Snowy Mountains 203 3.9 405 5.1
South Coast 892 12.4 1,758 17.2
The Murray 188 3.1 381 4.2
Regional NSW 4,933 75.0 10,000 103.3
Rest of Australia 1,143 6.5
New South Wales 9,586 116.6 20,055 174.5

Note: the sum of regions may not add to total due to rounding
Source: Regional Tourism Satellite Account 2021-22, Tourism Research Australia

Our Events Tally

Business Events

NSW Regional Conferencing Research report 2022 - 2023 (PDF 836 kb)

The conferencing sector brings significant economic and employment benefits to NSW. In 2022-23, DNSW provided conferencing grants to 27 events in regional NSW to support the development of conferencing and business events in regional NSW.

Total Conference Attendees

The events were attended by 27,953 conference attendees, of which 74% were from outside the local region.

Total Expenditure

The events generated an estimated $14.8 million in direct expenditure from non-local attendees.

Source: Destination NSW Regional Conferencing Grant Recipient Delegate Surveys and Event Owner Surveys 2022-23, Destination NSW.

Leisure Events

Each year there are hundreds of events held throughout Sydney and NSW, which appeal to a broad spectrum of audiences and experiences – all with the potential to generate tourism arrivals and expenditure in destinations throughout the state.

Domestic Overnight Leisure Event Visitors

In the year ended June 2023, domestic overnight leisure event visitors stayed approximately 5.8 million nights in NSW, of which 31% were in Sydney and the rest in regional NSW; and spent an estimated $2.5 billion in NSW, of which 42% was spent in Sydney.

Source: National Visitor Survey, Year Ended June 2023; Tourism Research Australia.

The Australian tourism industry

State Tourism Satellite Account 2021-22

The State Tourism Satellite Account highlights the importance of tourism to each state and territory’s economy in Australia.

Tourism Businesses in Australia June 2017 to 2022

Tourism Businesses in Australia report estimates the number of tourism businesses in Australia’s tourism industry by state, by industry type, by employment size and by tourism region in Australia.

State of the Industry 2022

The State of the Industry report assesses the current performance of the Australian tourism industry and its progress on the Tourism 2020 potential. It also reports on visitation statistics on the demand side, and aviation, accommodation and employment statistics and investment estimates on the supply side.

Tourism Investment Monitor 2021-22

The Tourism Investment Monitor reports on the number and value of significant projects in Australia’s tourism investment pipeline in 2021-22. It focuses on arts and recreation, aviation and accommodation projects.

Key results for NSW:

  • NSW accounted for around one-third of all tourism investment, with 59 projects valued at $14.1 billion. This was an increase of $0.4 billion compared with 2020-21.
  • The highest amount of the investment went to the aviation sector ($5.4 billion).
  • Arts, recreation and business services investment was $4.0 billion.
  • Accommodation sector investment was $4.7 billion.
  • Regional investment was $1.1 billion (up from $0.8 billion in 2020–21).

Source: Tourism Research Australia (February 2023)

Related pages

Facts & Figures Research

Tourism Forecasts

Destination Research

Destination NSW Westpac Tourism Expenditure Monitor