Sport is an important economic
sector in the EU in its own right, with a share in the national
economies which is comparable to agriculture, forestry and fisheries
combined. Moreover, its share is expected to rise in the future.
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. Despite these impressive figures, the
economic impact of the sport-related industries is often underestimated.
To underpin the role of
sport-related industry as an economic driver, a High Level Meeting of
stakeholders on the impact of sport and sport-related industries took
place in Brussels. The meeting was aimed at taking stock of the progress
made since the first meeting of the European Sport Industries on 21
January 2014.
Furthermore, the meeting offered the opportunity to
present an industry-led Action Plan on the economic impact of sport and
sport-related industries. The meeting highlighted the role of sport as a
powerful lever for innovation, industrial competitiveness and
employment.
Read more: EUROPA - PRESS RELEASES - Press release - Sport as a growth engine for EU economy
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