Annual Scientific Contribution to the Tourism Reports 2024 to 2027

Tourism as an economic sector is only incompletely recorded in the National Accounts. In addition to accommodation and gastronomy, tourists also receive services from many other sectors of the National Accounts, which can therefore be assigned to the tourism sector, which ultimately results in tourism value added and employment. In cooperation with Statistics Austria, WIFO has been compiling tourism satellite accounts for many years, which extract the tourism share from the activities of all sectors included in the National Accounts. This is used to estimate the expenditure of guests, whereby a distinction is made between overnight guests and day visitors as well as domestic and foreign guests. On this basis, not only the direct value added and employment of tourism are calculated, but also the indirect economic effects of tourism with the help of a multi-regional simulation model. The report also looks at the current development of tourism in an international comparison.