austria gdp tourism

Tourism is an important industry for the economy of Austria. It contributed 7.6 % to the GDP in the pre-pandemic year 2019 (2020: 4.5 %, 2021: 4.1 %), according to the Austrian Tourism Satellite Account. Domestic and foreign guests spent around 37.9 billion euros in 2019 (2020: 21.3 billion euros; 2021: 20.8 billion euros).

Basic Statistic Travel and tourism's total contribution to GDP in Austria 2019-2022 Premium Statistic Direct and indirect value added of tourism in Austria 2000-2022

Tourism is an important driver of the Austrian economy. In 2019, tourism directly contributed EUR 22 billion to the Austrian economy, equating to 5.6% of GDP, according to the Austrian Tourism Satellite Account. This resulted in 205 700 full-time equivalent jobs directly attributed to tourism, contributing to 5.2% of total employment in Austria.

In 2022, the direct and indirect contribution of travel and tourism to Austria's gross domestic product (GDP) was roughly 10 percent lower than in 2019, the year prior to the onset of the ...

The direct value-added effect of tourism to the Austrian economy in 2018 is calculated to be EUR 25 billion (excluding business trips), or 6.5% of GDP, according to the Austrian Tourism Satellite Account (TSA). Based on the TSA, some 244 000 full-time job equivalents were directly attributed to tourism related industries in 2017, contributing 6 ...

Tourism in Austria 2021/2022 (Update: 13.10.2022) Innovation / Data Analytics & Research Seite 1 von 9 Source: National Statistical Office Statistik Austria 1) Revenues (current prices) from domestic and international travel, including international passenger transportation Source: Austrian Institute of Economic Research

S: STATISTICS AUSTRIA, Tourism Satellite Accounts for Austria, WIFO (Austrian Institute of Economic Research). Compiled on 23 June 2023. - The direct value added effects were calculated according to the specifications of the UNWTO "Tourism Satellite Account: Recommended Methodological Framework 2008" (TSA:RMF 2008).

tourism to Austria's economic output also declined by 3.1 percentage points to 4.5 % in 2020," says Statis- ... In 2019, tourism had still made a direct or indirect contribution to gross domestic product (GDP) of 7.6%. In 2020, 21.27 billion euros were spent by resident and non-resident guests in Austria, in 2019 it was by ...

since the reporting year 2000 in a joint project by Statistics Austria and the Austrian Institute for Economic Research (WIFO) on behalf of the Federal Ministry for Labour and Economy (BMAW). With the TSA, the in-terrelation of the tourism industry with other economic sectors and the dimension of the tourist consump-

This latest report reveals the importance of Travel & Tourism to Austria in granular detail across many metrics. The report's features include: For further explanation of the methodology and sources behind this Economic Impact Research, please refer to these two supporting papers: ' Methodology 'and ' Data Sources and Estimation Techniques '.

Basic Statistic Travel and tourism's total contribution to GDP in Austria 2019-2022 Premium Statistic Direct and indirect value added of tourism in Austria 2000-2022

Inhabitants Austria 8 Mio. (year 2000) | 8,9 Mio. (2020) | 9,2 Mio. (2030) 2000, 2020, 2030 Tourism-Share of GDP in Austria 4,1% direct and indirect effects (7,6% in the year 2019) 2021 Workforce, number of workers in tourism sector 254.000 (5,1% of all workers in Austria) 2019 12 historical Unesco World Heritage Sights

Tourism is very important for Austria's economy, accounting for around 10 percent of Austria's GDP. In 2001, Austria was the tenth most visited country in the world with over 18.2 million tourists. Previously, dependency on German guests made this sector of the Austrian economy very dependent on German economy.

Tourism in Austria forms an important part of the country's economy, accounting for almost 9% of the Austrian gross domestic product. Austria has one guest bed for every six inhabitants, and boasts the highest per capita income from tourism in the Organisation for Economic Co-operation and Development. As of 2007, the total number of tourist ...

disrupted the economy. Austria's real GDP growth plummeted by 6.3 percent in 2020. Unemployment surged, firms' production and services were severely disrupted, especially in contact intensive sectors such as tourism, and productivity dwindled. On the demand side, private consumption and investment plunged. 2.

Box 1: Energy support measures in Austria Austria adopted various support measures to cushion the impact of energy-price inflation on households and businesses. For 2023, the total budgetary costs of these measures are projected in the Commission 2023 spring forecast to amount to 1.8% of GDP (2). Most measures do not preserve the price signal ...

In 2019, contribution of travel and tourism to GDP for Austria was 73.2 billion US dollars. Contribution of travel and tourism to GDP of Austria increased from 30.4 billion US dollars in 2000 to 73.2 billion US dollars in 2019 growing at an average annual rate of 5.05%. The description is composed by our digital data assistant.

Though Austria contribution of travel and tourism to GDP (% of GDP) fluctuated substantially in recent years, it tended to decrease through 2000 - 2019 period ending at 15.5 % in 2019. The share of Travel & Tourism spending or employment in the equivalent economy-wide concept in the published national income accounts or labour market statistics.

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GlobalData forecasts Austria's real GDP to grow by 3.7% in 2022; Austria was ranked 18th out of 152 nations in the GlobalData Country Risk Index (GCRI) ... World Travel and Tourism Index (2021), Austria ranked 11th out of 117 nations. According to the World Travel and Tourism Council, tourism contributed 10.3% towards GDP in 2019. However ...

Tourism and transport; National economy and public finance; Databases. back. Databases. ... Gross Domestic Product increased by 4.6 % in 2021: 62.8 KB: 2022-09-01 ... file: Austrian Recovery Barometer: Austria's GDP grows by 4.5% in 2021; economic output at year-end just below pre-crisis level: 103.6 KB: Next announcements (5) Date

The top 10 countries for tourism, according to the World Economic Forum 1. The United States 2. Spain 3. Japan 4. France 5. Australia 6. Germany 7. The United Kingdom

European countries dominate the World Economic Forum's top 10 list of strongest tourism economies in 2024, with six of them making the cut.

Germany, Austria, & Switzerland Tourism Marketing Representative. The purpose of this RFP is to enter into a contract with an in-country full-service travel marketing firm to represent Travel Michigan in Germany, Austria, and Switzerland at both the consumer and travel industry level. The agency must possess extensive knowledge of the Michigan ...

The tourism balance over the gross domestic product in Austria decreased significantly in 2021 over the previous year. Overall, the tourism balance (calculated as the difference between inbound ...

1. Spend at least a week in Austria. While it might be tempting to hop over and explore Vienna on a weekend break or pass through on a whirlwind European tour, do yourself a favor and plan to stay at least an entire week in Austria. The country is so much more than its (admittedly incredible) capital.

Pikeville's Kentucky Trail Town certification follows the governor's announcement that 2023 was the best year on record for tourism, with $13.8 billion in economic impact and 95,222 jobs ...

Demand for air travel continues to rise in April. Industry total Revenue Passenger-Kilometers (RPK) in April grew 11.0% annually, led by stronger international traffic. Passenger load factors (PLF) remained higher than previous years, reaching 82.4%. Domestic traffic kept increasing in April, at 4.0% Year-on-Year (YoY).

Kenya's real GDP growth accelerated to 5.6% in 2023, surpassing the previous year's growth of 4.9%. However, GDP growth in 2024 is expected to slow down to 5.0%. This is according to the latest Kenya Economic Update (KEU) launched today, which adds that the 2023 growth was driven by the recovery of the agriculture sector, following improved weather conditions, and the services sector, with ...

In particular, Emirates, a main driver for Dubai's economy, saw record profits of $4.7 billion in 2023 off revenues of $33 billion. The Emirates' results track with those for its base, Dubai International Airport. The world's busiest airport for international travelers had 86.9 million passengers last year, surpassing numbers for 2019 ...