Abstract
This study applies the development of the MICE Satellite Account framework that reflects the characteristics of the MICE industry through Tourism Satellite Account, a methodology presented by The World Tourism Organization. The purpose of this study is to identify the economic size of the MICE industry and promote the MICE industry through the MICE Satellite Account, a framework developed to reflect the characteristics of the MICE industry. As a result of calculating the proportion and contribution of the domestic MICE industry to the national economy using the MICE satellite account based on available statistical data on the MICE industry, MICE direct gross domestic product is approximately KRW 3.552 trillion. According to the calculated results, the domestic MICE industry contributed 1,898 trillion won, about 0.19%, to the national gross domestic product in 2018.
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