Member States’ ministers for Sport adopted conclusions on the economic dimensions of sport and its socio-economic benefits.
In the framework of the EU Work Plan for Sport 2017-2020, EuropeActive participated to the Cluster meeting on the economic dimension of sport organised by the European Commission.
The participants have shared good practices and discussed pertinent topics and cases of how sport contribute to the economy, explore lessons and case studies of major events and experience of host cities, city perspective on measuring impact of a stadium, impact on health and public finances and how to improve policy making through better data gathering and evidence.
In detail, the three sessions concerned with
- the various benefits of sport and how it multipliers effects over other sectors of economy,
- the methodologies to measure the value of sport related economic activities
- the case of sport satellite accounts and the data use for policy making.
EuropeActive, representing the European health and fitness sector, often contributes to sport economic researches and statistics. The fitness sectors is most participating sport in Europe with a revenues of 26.5bn Euro and a constant annual growth of almost 4%.