April 15, 2024
In 2021, there was a total of 894 000 enterprises in the EU’s arts, entertainment and recreation sector, representing 2.9% of all enterprises active in the business economy.
Following the entry into force of the European Business Statistics (EBS) Regulation, Eurostat has extended the service coverage for structural business statistics (SBS) and is publishing, for the first time, SBS data on the arts, entertainment and recreation sector.
In 2021, the arts, entertainment and recreation sector provided employment to 2.1 million people, representing 1.3% of all the people employed in the business economy. The sector contributed €86.5 billion in value added, accounting for 0.9% of value added created by the EU’s business economy.
The highest contribution of this sector to the value added to the business economy was recorded in Malta (16.9%), followed by Slovakia (3.7%) and Hungary (2.3%). The lowest contributions were recorded in Luxembourg (0.2%), Poland (0.4%) and Ireland (0.5%).
Source dataset: sbs_ovw_act
In terms of employment, Malta recorded the highest share (5.3%), ahead of Denmark (2.6%) and Spain (2.3%). The lowest shares of employment in arts, entertainment and recreation sector in the business economy total were registered in Luxembourg (0.4%), Poland (0.5%) and Czechia (0.8%).
Source: Eurostat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
