EUROPEAN COMMISSION: SPORT AS A GROWTH ENGINE FOR EU ECONOMY
Sport’s economic contribution to the EU economy is impressive, and often underestimated. Following a high-level stakeholder meeting in Brussels, the European Commission says sport has a share in the national economies which is comparable to agriculture, forestry and fisheries combined, and is expected to rise.
The stats are striking: “overall the sports sector accounts for 2% of the EU global GDP, while the total employment generated by sports activities is 7.3 million-equivalent to 3.5% of the total EU employment.”
The Commission has also drawn up a number of objectives for increasing this already-considerable economic contribution.
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