- Name
- Tourism % age contribution to GDP (SDG 8.9.1)
- Indicator purpose
- This indicator measures the direct value added by tourism as a percentage of the Gross Domestic Product (GDP) by age.
- Abstract
- 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 (TSA: RMF 2008 para. 4.96). Presenting this economic contribution of tourism as a share of GDP shows the relative size of the tourism sector in the economy.
- Contact organization / person
- Belize Tourism Board and Statistical Institute of Belize
- Unit of measure
- Percentage (%)
- Other characteristics
- N/A
- Classification used
- Gross Domestic Product (GDP) measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in an economic territory country in a given period of time (say a quarter or a year). It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP can be measured using the expenditure approach as the sum of expenditure on final consumption plus gross capital formation plus exports less imports, the production approach as the value of output less intermediate consumption plus any taxes less subsidies on products not already included in the value of output, or the income approach as compensation of employees plus gross operating surplus plus gross mixed incomes plus taxes less subsidies on both production and imports.
- Disaggregation
- Disaggregation is by sex, age.
- Key statistical concepts
- Method of computation: Tourism Direct GDP (as % total GDP and in growth rate) (TDGDP/GDP)*100
- Recommended uses
- This indicator is useful for policy on tourism at national level and the level of sub-national regions as it gives the only credible measure of the economic contribution of tourism, which can be compared to GDP contributions of other economic activities. The indicator has been found especially useful in promoting and mainstreaming tourism in policy agendas at all levels. The indicator can also be compared across countries, although true international comparability of the figures needs to be improved.
- Other comments
- Metadata shown was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.
