For years the answer was simple. If you met a foreign tourist here, they were most likely Korean.
That stopped being true in early 2026. And it happened quietly.
Where the Data Came From
I used the World Bank's indicator API for the long run of yearly arrivals. Then I added figures from the Department of Tourism for the recent years and for the country-by-country split.
Together they cover 2010 through 2025 by year, plus the first three months of 2026 by month.
Sixteen Years, One Cliff
The story splits into three parts.
Growth first. From 3.52 million visitors in 2010 up to 8.26 million in 2019. Steady, year after year.
Then the cliff. In 2021 we had 163,879 visitors for the whole year. That is a 98% fall from 2019. Not a dip. A stop.
Then the climb back. 5.45 million by 2023. 5.95 million in 2024. And 6.48 million in 2025, a record for the years after COVID.
But hold that word record gently. 2025 is still 21.5% below 2019. We beat every recent year. We have not beaten the best year.
The Swap
In 2024 the order was clear. South Korea sent 1,574,152 visitors, or 26.5% of all foreign arrivals. The United States sent 1,076,663, or 18.1%.
Then the first three months of 2026 arrived, and the top two traded places.
The gap is thin. About 7,500 people. One good month could flip it back.
But the direction matters more than the gap. US arrivals rose 5.9%. Korean arrivals fell 10.2%. Those two lines are moving apart, not together.
Why Each Line Moved
Korea is not collapsing. It is levelling off. Korean travelers now spread across more of Southeast Asia, and a weaker won makes every trip abroad cost more.
The US is steady for a different reason. Many US visitors are Filipinos and their families coming home. People visit family whether or not the exchange rate is kind. That keeps a floor under the number.
China fell hardest, down 19.8%, to eighth place. Visa friction, tense politics, and a government push for holidays at home all pull the same way.
Japan was the bright spot of 2024, up 22.8%. A weak yen makes us a bargain for Japanese travelers.
Money Grew Faster Than People
Tourism earnings hit ₱760.5 billion in 2024, up 9% from 2023.
So spending per visitor is holding up. That matters more than the headcount. Fewer visitors who spend more can beat more visitors who spend less.
What I'd Do Differently
I would like to see where visitors actually go once they land. Boracay, Cebu, Palawan, and Manila are very different businesses. A national total hides all of it.
I would also like length of stay. A visitor who stays two weeks is worth many who stay two nights, and arrivals alone cannot tell them apart.
One honest limit. The 2026 numbers cover three months. Three months is a signal, not a verdict. Ask me again after the Q2 figures land.
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