The Economic Dimension of Sport

15-09-2015

The economic dimension of sport in the European Union was calculated by developing a Multi-Regional Sport Satellite Account for the former 27 Member States. It turned out that the sport industry creates about 1.76% of Gross value added and 2.12% of employment within the European Union. Thus, sport is labour intensive, generating a disproportionately high amount of employment. Strengths, weaknesses, growth potentials, as well as national similarities and differences were analysed too.

The economic dimension of sport in the European Union was calculated by developing a Multi-Regional Sport Satellite Account for the former 27 Member States. It turned out that the sport industry creates about 1.76% of Gross value added and 2.12% of employment within the European Union. Thus, sport is labour intensive, generating a disproportionately high amount of employment. Strengths, weaknesses, growth potentials, as well as national similarities and differences were analysed too.