A Tourism Satellite Account for Austria. Methodology, Results and Projections for 2000 to 2011

Tourism satellite accounts (TSAs) are designed to map and analyse tourism as an economic phenomenon in connection with the national accounting system and other economic statistics. In this, the national accounts provide the frame and integration pattern. But a TSA is more than just a subsystem of the national accounts, especially as it allows considering, on an as-needed basis, additional information such as employment and investment. The TSA concept provides for a breakdown in "tourism-specific", "tourism-related" and "non-tourism-specific" production. Overall (in terms of direct and indirect value added) the tourism industry contributed 7.6 percent to GDP in 2009, based on current value-adding multipliers as per the input-output table of 2005. This index is expected to be 7.5 percent in 2011 and 7.3 percent in 2011. In 2009, tourism contributed 9.9 percent in direct and indirect employment effects to overall employment (gainfully employed based on full-time equivalents).