Friday, July 5, 2024
HomeE.U.Almost 10 million employed in EU accommodation and food sector

Almost 10 million employed in EU accommodation and food sector

In 2021, there were 1.9 million enterprises in the EU accommodation and food services sector, representing 6.1% of all enterprises employed in the economy. The accommodation and food services sector includes enterprises belonging to Title I of the Statistical Classification of Economic Activities in the European Community (NACE), Eurostat reports.

The EU accommodation and food services sector employed 9.9 million people, generated €203.6 billion of value added and accumulated a net turnover of €446.0 billion in 2021. The sector thus employed 6.3% of people working in the business economy and accounted for 2.2% of value added in 2021.

The accommodation and catering activities made different contributions to the value added of the enterprise economy in different EU countries in 2021. The highest contribution was recorded in Greece (6.5 % of the value added of the business economy), followed by Cyprus (6.0 %) and Croatia (5.4 %). The lowest share was recorded in Slovakia (0.8 %), the Czech Republic (1 %), Poland and the Netherlands (both 1.2 %).

In terms of employment, the sector’s contribution to the enterprise economy was higher. It ranged from 19.6 per cent in Greece, 13.5 per cent in Cyprus and 9.5 per cent in Spain to 2.8 per cent in Poland, 3.3 per cent in Slovakia and 3.9 per cent in Finland.

RELATED ARTICLES

Most Popular