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Measuring the economic impact of tourism in Malta using the
Tourism Satellite Account

Brandon Sacco1* and Ian P. Cassar2

   
Received: 16/10/2018 Accepted: 19/03/2019
        
1Senior Analyst at the National Statistics Office of Malta. National Statistics Office, Valletta, Malta; email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it ; Phone +356 79459674
2Senior Lecturer in the Economics Department of the University of Malta. email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
*Corresponding author
    
Coordinating editor: Stanislav Ivanov
   
Abstract
  
This article puts forward an analysis of the first Tourism Satellite Account compiled for the Maltese economy. The resulting Tourism Satellite Account (TSA) compiled for Malta adheres to the European System of Accounts (2010) and is based on the reference year of 2010. It reveals that tourism’s direct contribution to Malta’s GDP is around 6.1% and that the tourism sector directly employs 8.0% of the total population of gainfully occupied persons (employed or self-employed). Both the symmetrical approach and a variant of the net ratio approach are utilised to derive the tourism value added and tourism gross domestic product. The contribution of tourism to the local economy during 2010 is on par with that of what are generally considered to be the key sectors in Malta, however, the direct contribution to GDP is significantly lower than the estimates presented from past studies. The results presented in the article can be of significant use to further understand the various dimensions of both tourism demand and the tourism supply chain.
 
Keywords: Tourism Satellite Account, Tourism Industry, Tourism Contribution
 
Citation: Sacco, B., I. P. Cassar (2019) Measuring the economic impact of tourism in Malta using the Tourism Satellite Account. European Journal of Tourism Research 23, pp. 86-111
 
 
European Journal of Тourism Research