Tourism represents roughly a quarter of Hawai'i's economy. In 2019, the visitor industry supported 216,000 jobs statewide, yielded nearly $17.8 billion in visitor spending, and contributed more than $2 billion in tax revenue to state coffers.
Would Hawaii’s economy survive without tourism?
The abrupt end of tourism would deal a devastating economic blow to Hawaii. Mass unemployment and declining tax revenues would cause major hardship. However, in the long run, Hawaii would adapt and ultimately survive without total dependence on tourism.
What are the top three industries in Hawaii?
In 2022, the GDP of Hawaii amounted to around 85.21 billion U.S. dollars. The finance, insurance real estate, rental, and leasing industry added the most real value to the gross domestic product of Hawaii, amounting to around 18.61 billion U.S. dollars.
Why do so many tourists go to Hawaii?
Relaxation and natural beauty are the top drawsKnown for its active volcanoes, wildlife refuges, and tall active peaks, it's little wonder that 88% of our respondents cite natural beauty as a reason for visiting Hawaii. Relaxing by the beach is the second most popular reason for visiting.
Is Hawaii dependent on tourism?
Tourism comprises 21% of the state's economy, with many of Hawaii's largest industries revolving around the constant flow of tourists.
Is tourism Hawaii main source of income?
What percentage of the economy is Hawaii?
Hawaii ranks 41st in economy size among states and Washington, DC. In 1st quarter of 2023, Hawaii accounted for 0.4% of the US economy.
What is Hawaii’s largest employer?
Detailed List Of The 100 Biggest Companies In Hawaii
| Rank | Company | Employees |
|---|---|---|
| 1 | Obayashi | 14,359 |
| 2 | University of Hawaii Foundation | 12,000 |
| 3 | Hawaii State Department Of Education | 10,001 |
| 4 | Idol Image Consulting | 8,330 |
What is the main industry in Hawaii?
TourismTourism is Hawaii's largest industry. Expansion has been particularly rapid since World War II, and the growth has resulted in part from continued improvements in transportation and the stimulus provided by the state government and local businesses.
Is Hawaii reliant on tourism?
Compared to other destinations, Hawaii is very reliant on tourism – it comprises about 25% of the state's economy.
What percent of Hawaii is in poverty?
In 2022, about 10.2 percent of Hawaii's population lived below the poverty line.
What is the most common occupation in Hawaii?
Retail Sales Workers topped the list with 42,445 jobs in 2016, or 5.9 percent of total civilian jobs, followed by Food and Beverage Serving Workers (40,775 or 5.7 percent) and Construction Trades Workers (34,137 or 4.8 percent). Compared with the nation, four out of the top five occupations are the same.