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Tokyo estimates tourism economic impact at 12.9 trillion JPY and job creations at 600,000 in 2015

Tokyo estimates tourism economic impact at 12.9 trillion JPY and job creations at 600,000 in 2015

Tokyo Metropolitan Government reported that spending on tourism in 2015 was up 7.4% year on year to 5,962 billion JPY with 5,286 million travelers (+2.6%). As a result, Tokyo had economic ripple effect of 12,892 billion JPY (+7.3%), income effect of 4,757 billion JPY (+7.2%), job creations of 602,268 (+7.0%) and tax effect of 453.6 billion JPY (+13.1%).

The total of visitors consisted of 516.7 million residents in Japan (+2.1%) and 11.9 million residents in foreign countries (+34%). The total of spending on tourism comprised 1,823 billion JPY by residents in Tokyo (+1.8%), 323.5 million JPY by residents in other prefectures (+1.7%) and 1,115 billion JPY by residents in foreign countries (+42%).

The total of economic ripple effect consisted of 3,943.5 billion JPY by residents in Tokyo (+1.6%), 6,537.6 billion JPY by residents in other prefectures (+1.7%) and 2,410.6 billion JPY by residents in foreign countries (+41.7%). The growth rate of tax effect by residents in Japan was just 7.1%, while tax effect by residents in foreign countries was up about 50% to 85 billion JPY.

In Japanese