Tourism Satellite Account (TSA) – a brief explanation
DIW Econ was responsible for calculating the Tourism Satellite Accounts for Germany and the federal states of Mecklenburg-Western Pomerania, Hamburg, Lower Saxony, Brandenburg, North Rhine-Westphalia and Schleswig-Holstein in cooperation with project partners such as the German Institute for Tourism Research (DITF).
The methodology of the Tourism Satellite Account has now been presented by the DITF in cooperation with DIW Econ in the following video.
Tourism plays an essential economic role in many countries and regions. However, meaningful information on the economic importance of tourism cannot be derived directly from official statistics and national accounts. The reason for this is that the official economic statistics record tourism as a cross-sectional industry, such as the health, music or sports industry, and not as a separate economic sector in its own right.
To record the value-added of tourism for the economy as a whole, it is therefore necessary to expand the general classification of economic statistics. The Tourism Satellite Account (TSA) provides such an extension. It records the economic importance of tourism for the country or region, comparable to the economy as a whole and other industries.
With the internationally recognised methodology of the Tourism Satellite Account, it is possible to make comparisons between economic sectors, federal states and, if desired, states.
Overview of the Tourism Satellite Accounts (TSA) calculated by DIW Econ:
For Germany as a whole:
And for the following federal states: