News
June 19, 2014
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.
Find out more here!