Analytics, Economics, Lithuania, Statistics

International Internet Magazine. Baltic States news & analytics Saturday, 27.04.2024, 02:41

Sports economic indicators in Lithuania in 2017

Paulius Drazdauskas Chief Specialist, National Accounts Division, 20.12.2018.Print version
Statistics Lithuania informs that, based on non-final data, in 2017, against 2016, the value added created in the sports sector increased by 15% and amounted to EUR 304 mln, or 0.8% of the country’s gross value added. The largest positive influence on the change was made by an increase in the value added generated by the enterprises engaged in manufacture of transport equipment, sports and sports organizations activities.

In 2017, against 2016, the output of the sports sector increased by 14.2% and amounted to EUR 514.9 mln 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, per cent

Value added, per cent

Employed population, per cent

2017*

514.9

604.0

20.2

0.73

0.80

1.49

2016

450.1

264.5

19.8

0.69

0.76

1.45


The major share of the value added in the sports sector was created in education (36.9%), wholesale and retail trade (16.7%), manufacture of transport equipment (9.9%), and sports and sports organisations (11.6%) activities.


Structure of the value added in the sports sector by economic activity, 2017*



In 2017, the sports sector employed 20.2 thousand persons, or 1.5% of the country’s employed population; against 2016, the number of persons employed in the sports sector increased by 1.9%. The largest shares of persons employed in the sports sector were recorded in education (45.5%) and sports and sports organisations (26.2%) activities.


Persons employed in the sports sector by economic activity, 2017*






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