Regional Tourism Satellite Account
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25 May 2023
Regional Tourism Satellite Account in the Czech Republic
In 2021, tourism at the national level represented 1.53% of gross value added (84.8 CZK billion) and employed 215.2 thousand people. The effects of the coronavirus pandemic were significantly reflected in the regional results for the individual regions of the Czech Republic. Prague contributed the most to the creation of economic indicators - 25% of employment (54.4 thousand persons) and 30% of the total gross value added in the sector. At the same time, the capital experienced the greatest decline in demand generated in previous years, especially by foreign and business visitors. The gross value added of tourism here fell by more than half in two years to the value of 25.1 CZK billion, while in 2019 it reached 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 3.0% of regional gross value added (2.7 CZK billion) in 2021. However, it was 5.4% in 2019. Prague reached a share of 1.65%.
In Karlovy Vary Region, 9.5 thousand people were employed directly in tourism, which represented a share of 7.8% in employment in the region. Roughly one in 13 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 5.6%, i.e. almost every eighteenth worker was related to tourism. Many people in the sector were rescued during the Covid-19 pandemic through support programs to maintain employment.
