Report on the Impact, Development and Structure of the Austrian Tourism and Leisure Industry 2016

  • Oliver Fritz (WIFO)
  • Peter Laimer
  • Jürgen Weiß (STAT)
  • Egon Smeral (WIFO)

According to the Tourism Satellite Account concept, in 2016 total tourism consumption of domestic and foreign visitors in Austria amounted to 40.03 billion € (estimate; +4.1 percent compared to 2015), resulting in direct and indirect value-added effects of 30.91 billion € (+4.1 percent compared to the previous year) and a contribution to the overall GDP of 8.8 percent. In 2016 both, tourism consumption and non-tourism expenditures on leisure activities by residents generated total value-added effects of 56.46 billion € (+3.7 percent from previous year) corresponding to a share of 16.1 percent in GDP (2015: 16.0 percent). Furthermore, 741,000 employees and self-employed (in terms of full-time equivalents FTE) were directly and indirectly linked to the tourism and leisure economy, implying that 2 out of 10 employed (FTE) worked in the tourism and leisure sector. After considerable gains in 2015, Austria's real tourism receipts from international and domestic travel both increased slightly by 1.8 and 1.5 percent, respectively. In total, real tourism receipts rose by 1.7 percent (2015 +3.1 percent). In 2016, Austria's market share in nominal tourism exports of the EU 28 amounted to 5.0 percent (rank 7), still 0.5 percentage points below the record market share of the year 2009, but above the all-time low of 4.8 in the year 2000.