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Friday, 19.04.2024, 07:01
The value added created in the sports sector in Lithuania decreased by 4.5% in 2016
In 2016, against 2015, the output of the sports sector decreased by 5.2%
and amounted to EUR 427.8 million at current prices.
Main sports economic indicators
Year |
Sports sector, total |
Share, compared
to respective country’s totals |
||||
Output, EUR million |
Value added, EUR million |
Employed population, thousand |
Output,% |
Value added,% |
Employed population, thousand |
|
2016* |
427.8 |
263.2 |
19.6 |
0.65 |
0.76 |
1.44 |
2015 |
451.1 |
275.4 |
18.8 |
0.72 |
0.82 |
1.41 |
The major share of the value added in the sports sector was created in education (40.9%), wholesale and retail trade (15.9%), gambling and betting (9.3%), and sports and sports organisations (9.3%) activities.
In 2016, the sports sector employed 19.6 thousand persons, or 1.4% of the country’s employed population; against 2015, the number of persons employed in the sports sector increased by 4.4%. The largest shares of persons employed in the sports sector were recorded in education (48.8%) and sports and sports organisations (24.5%) activities.
Based on more comprehensive data, Statistics Lithuania has revised sports indicators for 2014 and 2015.
For more information, see the Database of Indicators.
Concepts
Sports value added refers to the output produced in the sports sector less intermediate consumption.
Sports output refers to total value of goods and services produced in the sports sector.