Report on the Impact, Development and Structure of the Austrian Tourism and Leisure Industry 2017
According to the Tourism Satellite Account concept, in 2017 total tourism consumption of domestic and foreign visitors in Austria amounted to 41.64 billion € (estimate; +3.6 percent compared to 2016), resulting in direct and indirect value-added effects of 32.25 billion € (+3.3 percent) and a contribution to the overall GDP of 8.7 percent. In 2017 both, tourism consumption and non-tourism expenditures on leisure activities by residents generated total value-added effects of 58.82 billion € (+4.2 percent from previous year) corresponding to a share of 15.9 percent in GDP (2016: 16.0 percent). Furthermore, 719,300 Austrian employees and self-employed (in terms of full-time equivalents – FTE) are directly and indirectly linked to the tourism and leisure economy, implying that nearly 1 out of 5 employed (FTE) works in the tourism and leisure sector. In 2017, Austria's real tourism receipts from international travel increased only weakly by 0.8 percent (2016 +1.1 percent), domestic tourism receipts stagnated (+0.2 percent) after a rise by 1.9 percent in 2016. In total, real tourism receipts rose by 0.7 percent (2016 +1.3 percent). In 2017, as well as compared to a 5-year period, Austria's market share in nominal tourism exports of the EU 28 amounted to 5.0 percent (rank 6; 2016: 5,1 percent), still 0.5 percentage point below the record market share of the year 2009, but above the all-time low of 4.8 in the year 2000.