Tourism satellite accounts (TSA)

Tourism plays an important role in the Austrian economy. However, both conventional tourism statistics and the National Accounts (SNA) are unable to satisfactorily portray the diversity of interrelationships between tourism and the national economy. In order to allow the collection of data on the monetary scale of the tourism industry and an evaluation of the value created by tourism for the economy as a whole and the industry’s effect on employment, the implementation of tourism satellite accounts (TSA) – based on the recommendations of EUROSTAT, OECD and the United Nations World Tourism Organization (UNWTO) – seemed an appropriate step.

The TSA for Austria were set up in 2001 - commencing with reporting year 1999 - in the context of a collaborative project undertaken by the Austrian Institute for Economic Research (WIFO) and Statistics Austria, and commissioned by the Federal Ministry of Science, Research and Economy (BMWFW). The national tourism satellite accounts were drawn up annually until reference year 2005; the employment-related effects of the tourism industry were also taken into account as from reporting year 2003. Subsequent national TSA are and will be prepared biennially (2007, 2009, etc.).