Austria vs Iceland: Key tourism economic indicators — Tourism share of GVA
Key tourism economic indicators — Tourism share of GVA over time
- Austria
- Iceland
How they compare
Austria currently reports 11.8 Percentage of gross value added against 7.4 Percentage of gross value added in Iceland, a difference of 4.4 Percentage of gross value added.
That makes Austria's figure about 1.6 times Iceland's.
Across all 16 years both countries report, Austria has been ahead every year.
Austria ranks 1st and Iceland ranks 4th of 38 countries.
Austria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Austria | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.5 Percentage of gross value added | 3.4 Percentage of gross value added | 8.1 Percentage of gross value added | Austria |
| 2010s | 11.55 Percentage of gross value added | 5.68 Percentage of gross value added | 5.87 Percentage of gross value added | Austria |
| 2020s | 10.6 Percentage of gross value added | 5.84 Percentage of gross value added | 4.76 Percentage of gross value added | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher key tourism economic indicators — tourism share of gva, Austria or Iceland?
- Austria, at 11.8 Percentage of gross value added against 7.4 Percentage of gross value added in Iceland as of 2024.
- What is the difference in key tourism economic indicators — tourism share of gva between Austria and Iceland?
- 4.4 Percentage of gross value added, with Austria ahead.
- How many years of comparable data are there for Austria and Iceland?
- 16 years are reported by both, from 2009 to 2024.
- How do Austria and Iceland rank globally for key tourism economic indicators — tourism share of gva?
- Austria ranks 1st and Iceland ranks 4th of 38 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Key tourism economic indicators — Tourism share of GVA (direct). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Tourism GDP corresponds to the part of GDP generated by all industries in response to internal tourism consumption. A further distinction must be made between direct tourism GDP and indirect tourism GDP. Put simply, tourism direct GDP is generated by industries directly in contact with visitors, while indirect tourism GDP is generated by industries supplying inputs to industries directly in contact with the visitors. The Tourism Staellite Account (TSA) Framework limits its recommendations to the evaluation of direct tourism GDP.