Regional Tourism Satellite Account

24 May 2024

Regional Tourism Satellite Account in the Czech Republic

In 2022, tourism at the national level represented 2.18% of gross value added (134.3 CZK billion) and employed 225.5 thousand people. After the coronavirus pandemic, the tourism economy is gradually recovering in all regions of the Czech Republic. Prague contributed the most to the creation of economic indicators - 25% of employment (56.4 thousand persons) and 35% of the total gross value added in the sector. The capital experienced the greatest decline in demand generated in previous years, especially by foreign and business visitors. The gross added value of tourism here reached a value of 46.5 CZK billion, while in 2019 it was 53.2 CZK billion.

The importance of tourism for the economy at the regional level can also be expressed by the share in the total volume of gross value added for all sectors, directly in the given region. The highest values ​​have long been shown by Karlovy Vary Region, where tourism generated for 4.1% of regional gross value added (4.2 CZK billion) in 2022. However, it was 5.4% in 2019. Prague reached a share of 2.7%.

In Karlovy Vary Region, 11.2 thousand people were employed directly in tourism, which represented a share of 8.7% in employment in the region. Roughly one in 12 workers (jobs) was in tourism. The higher volume of human labor in this region is typically and predominantly related to spa and wellness services. In Prague, the share of tourism in regional employment was 5.9%, i.e. almost every seventeenth worker was related to tourism. Many people in the sector were rescued during the covid-19 pandemic through support programs to maintain employment.