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International Internet Magazine. Baltic States news & analytics Tuesday, 23.01.2018, 02:28

The value added created in the sports sector in Lithuania decreased by 4.5% in 2016

Paulius Drazdauskas, Statistics Lithuania, 15.12.2017.Print version
Statistics Lithuania informs that, based on provisional data, in 2016, against 2015, the value added created in the sports sector decreased by 4.5% and amounted to EUR 263.2 million, or 0.8% of the country’s gross value added. The largest negative influence on the change was made by a decrease in the value added generated by the enterprises engaged in manufacture of transport equipment and gambling and betting activities.

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.






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