A standardized statistical framework designed to measure the economic impact of tourism. It provides a detailed analysis of tourism’s contribution to a nation’s gross domestic product (GDP), employment, and other key economic indicators. This system integrates seamlessly with national accounts, offering a comprehensive and internationally comparable assessment of the tourism sector’s performance.
The adoption of this framework enables policymakers and industry stakeholders to gain a clearer understanding of tourism’s economic significance. This facilitates evidence-based decision-making regarding investment, marketing strategies, and resource allocation within the tourism industry. Furthermore, its use allows for consistent monitoring of tourism’s growth and its contribution to sustainable economic development over time, providing a valuable tool for long-term planning and assessment.
