Travel and Tourism Satellite Account

Sub-categories

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Headline data

Growth Rate of Direct Tourism GDP as a Proportion of Total GDP
Year Value Units Series
2007 2.78 Share
2008 2.66 Share
2009 2.54 Share
2010 2.52 Share
2011 2.6 Share
2012 2.69 Share
2013 2.78 Share
2014 2.79 Share
2015 2.88 Share
2016 2.88 Share
2017 2.88 Share
2018 2.96 Share
2019 3.02 Share
2020 2.15 Share
2021 2.76 Share
2022 2.97 Share
2008 -4.3 Percent pct_change
2009 -4.5 Percent pct_change
2010 -0.8 Percent pct_change
2011 3.2 Percent pct_change
2012 3.5 Percent pct_change
2013 3.3 Percent pct_change
2014 0.4 Percent pct_change
2015 3.2 Percent pct_change
2016 0.0 Percent pct_change
2017 0.0 Percent pct_change
2018 2.8 Percent pct_change
2019 2.0 Percent pct_change
2020 -28.8 Percent pct_change
2021 28.4 Percent pct_change
2022 7.6 Percent pct_change

Source: Bureau of Economic Analysis

Geographical Area:

Unit of Measurement:

Footnote:

This table provides metadata for the actual indicator available from United States statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from American statistics, this table should be consulted for information on national methodology and other American-specific metadata information.

Indicator

Tourism value added as a share of GDP
Organisation

Bureau of Economic Analysis
Unit of measure

Share, Percent change
Data sources

Bureau of Economic Analysis -Travel and Tourism Satellite Account
Data providers

Andrew Craig
Comment and limitations

Data Inputs
Method of computation

Satellite accounts are based on the latest US Input Output tables. We use Fisher chained indices for computing constant dollar statistics. https://www.bea.gov/scb/pdf/2017/06%20June/0617_travel_and_tourism_satellite_accounts.pdf
Actual indicator available - description

All statistics are reported for the total tourism for the U.S., as well as broken out by four major commodity groups ( Traveler accommodations, Transportation, Food and beverage services, and Recreation, entertainment and shopping), and four minor subcategories. Transportation is divided into two subcategories; Passenger air and All other transportation-related commodities, while Recreation, entertainment and shopping is divided into; Recreation and entertainment, and Shopping.
Date of national source publication

April 2024 via BEA’s Survey of Current Business
Periodicity

Annual
Date metadata updated

8/1/2024
Disaggregation geography

US
Disaggregation categories

Traveler Accommodations, Transportation (Air Transportation, All Other Transportation Related Commodities), Food and Beverage Services, Recreation, Entertainment, and Shopping
Time period

2007-2022

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator

Indicator 8.9.1: Tourism direct GDP as a proportion of total GDP and in growth rate

Target

Target 8.9: By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products
Organisation

World Tourism Organization (UNWTO)
Definition and concepts

Definition:

Tourism Direct GDP (TDGDP) is defined as the sum of the part of gross value added (at basic prices) generated by all industries in response to internal tourism consumption plus the amount of net taxes on products and imports included within the value of this expenditure at purchasers’ prices. The indicator relies on the Tourism Satellite Account: Recommended Methodological Framework 2008, an international standard adopted by the UN Statistical Commission and led by UNWTO, Organisation for Economic Co-operation and Development (OECD) and EUROSTAT.

Concepts:

Tourism direct gross value added (TDGVA) is the part of gross value added generated by tourism industries and other industries of the economy that directly serve visitors in response to internal tourism consumption.

Gross Domestic Product (GDP): It is the main measure of national output, representing the total value of all final goods and services within the System of National Accounts (SNA) production boundary produced in a particular economy (that is, the dollar value of all goods and services within the SNA production boundary produced within a country’s borders in a given year). According to the SNA, “GDP is the sum of gross value added of all resident producer units plus that part (possibly the total) of taxes on products, less subsidies on products, that is not included in the valuation of output. GDP is also equal to the sum of the final uses of goods and services (all uses except intermediate consumption) measured at purchasers’ prices, less the value of imports of goods and services. GDP is also equal to the sum of primary incomes distributed by resident producer units.”

Unit of measure

Percent (%)
Data sources

The indicator is sourced from countries’ Tourism Satellite Account (TSA), which is a satellite account to the National Accounts.

Data providers

Only official country entities, usually National Statistics Offices and/or National Tourism Administrations.

Comment and limitations

Given that a significant number of countries already have or are working to implement Tourism Satellite Accounts (TSA), data on the suggested indicators could become available in more countries in the near future.

The data demands for implementing TSA (detailed input-output or supply and use tables, among others); means that it is often not possible or cost effective to realize frequent updating of the TSA. Therefore, some countries produce estimates of TSA aggregates, in between reference years and/or nowcast estimates, to have more current data and to produce a time series.

In the absence of important shocks to the economy and to tourism, historically TDGDP/GDP tended to not show very large variations from one year to the next, however the effects of the Covid-19 pandemic on tourism are quite evident through this indicator in many countries. Considering also that variations may stem from the numerator and/or denominator, it is often useful from an analytical perspective to consider the indicator in different forms and adaptations: absolute value, % change in constant price, and TDGDP per visitor or per employed person.

Related economic aggregates on tourism like Tourism Direct Gross Value Added and the Gross Value Added of the Tourism Industries (in aggregate form and disaggregated by tourism industry) are also important and may be used as approximations to indicator 8.9.1 for analytical purposes.

Method of computation

Tourism direct GDP as a proportion of total GDP (in%):


 T D G D P G D P × 100 Tourism direct GDP in growth rate =

T D G D P t T D G D P t - 1 - 1   × 100

Metadata update

2024-03-28
International organisations(s) responsible for global monitoring

World Tourism Organization (UNWTO)

Related indicators

Target 14.7: By 2030, increase the economic benefits to small island developing States and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism.

Target 12.b: Develop and implement tools to monitor sustainable development impacts for sustainable tourism that creates jobs and promotes local culture and products

Indicator 12.b.1 Implementation of standard accounting tools to monitor the economic and environmental aspects of tourism sustainability

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