The Tourism Satellite Account ("TSA") is the United Nations World Tourism Organization's recommended methodology for measuring the economic impact of Tourism. It allows for the calculation of Tourism's contribution to Gross Domestic Product ("GDP") and employment among other statistics.
"How Important is Tourism in The Bahamas?" Perspective on Bahamas Tourism in 2003 by Global Insight, published May 17, 2006.
The full economic value of tourism activity is substantially greater than just the direct measurements explained in the TSA. Suppliers such as wholesalers, agriculture, maintenance services, storage, utilities, and virtually every other sector also benefit indirectly from tourism activity. Although not explicitly part of the TSA framework, the TSA does provide the necessary output to then extend the analysis to these indirect impacts. Induced impacts can also be estimated by extended analysis from the TSA.
Ms. Pamela Lowe
General Manager, Special Projects
Reginald Court, George Street
P.O. Box N-3701 - Nassau, Bahamas
Tel: (242) 397-2713
Fax: (242) 328-7991