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Tourism Satellite Accounts (TSA) Progress Report (Barbados) Presented by: Todne Woods.

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Presentation on theme: "Tourism Satellite Accounts (TSA) Progress Report (Barbados) Presented by: Todne Woods."— Presentation transcript:

1 Tourism Satellite Accounts (TSA) Progress Report (Barbados) Presented by: Todne Woods

2 Background Moving from an Adapted SNA 68’ to SNA 93’ – Tourism Industry was published from 1974 – 2009 – Accommodations & Restaurants Industry Historical Revision (1990 – Present)

3 Background The Caribbean Tourism Organisation – Facilitator Barbados Statistical Service – Technical staff Ministry of Tourism / Barbados Tourism Authority Consultants – Maureen Blokland and Annette McKenzie – Valuable expertise Funding from the Inter-American Development Bank

4 Measuring Tourism after adopting SNA ‘93 Tourism sector not measured Accommodation & Restaurant industry contributed approx. 13% to the 2012 GDP(Basic prices) Tourism related businesses are major employers. Policy and marketing decisions

5 Preliminary TSA Tables Table 1 – Inbound Tourism Expenditure by products and classes of visitors Table 5 – Production accounts of tourism industries and other industries Table 6 – Total domestic supply and internal tourism Table 7 – Employment in the tourism industry Table 10d – Number of establishments in tourism industries classified according to average number of jobs

6 Tourism Satellite Accounts – Table 1 Inbound Tourism Expenditure by products and classes of visitors Caribbean Tourism Organisation (CTO) Exit Survey Time periods – 2000, 2010 and 2011 Future plans: Reconciling the 2000 SUT with the CTO expenditure data Cultural activities SUT will be used

7 Tourism Satellite Accounts – Table 5 Production accounts of tourism industries and other industries The Supply and Use Table (SUT) USE table (Purchasers’ price) SUPPLY table (Basic price) Converting USE table to Basic price. Accomplished: Reviewed Distribution margins The Value Added Tax component Reviewed the Transportation industry Import and Domestic export components Production tax component

8 Tourism Satellite Accounts – Table 5 Production accounts of tourism industries and other industries Future Plans: Travel agencies Cultural Industries Retail Trade (Tourism share) Festivals – Crop-over etc. Sports & Recreational activities Make the SUT more TSA compatible

9 Tourism Satellite Accounts – Table 6 Total domestic supply and internal tourism Basic prices and Purchasers’prices Tourism Share Inquiries on tourism share was determined Tour Operators and Car rentals

10 Tourism Satellite Accounts – Table 6 Total domestic supply and internal tourism Future Plans Cultural Industry Retail Trade (Tourism share) Tourism shares

11 Tourism Satellite Accounts – Table 7 Employment in the tourism industry The Labour Force Survey 2010 & 2011 Employed Self-employed National Insurance Scheme employment data Changes in the classification for 2000 compared to 2010 Methodology Growth rate of the NIS applied to the 2010 LFS

12 Tourism Satellite Accounts – Table 7 Employment in the tourism industry Future plan Separate those employed who cater to locals vis-à-vis visitor component

13 Tourism Satellite Accounts – Table 10d Number of establishments in tourism industries classified according to average number of jobs National Insurance Scheme (NIS) Number of persons by industry Number of establishments

14 Way Forward Revise the 2000 TSA tables Developing a 2010 SUT Generate 2010 TSA tables Develop additional TSA tables Regularly produce TSA table in accordance to available SUTs Improved Non-monetary statistics (Tables 10) Further collaboration with other Tourism agencies. Domestic tourism Outbound Tourism

15 Way Forward Continued collaboration with other the Inter- institutional Technical Group (TSA). Sensitisation of the Private stakeholders Continued assistance from CTO, IDB, Ministry of Tourism, BTA, Maureen and Annette

16 Thank You!


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