The study “GDP of sport. The economic dimension of sport in Italy “. The president of the ICS, Andrea Abodi and the president and CEO of Sport e Salute SpA, Vito Cozzoli, took part in the meeting with the media at the Tennis Club of the Foro Italico Sports Park. ‘in-depth report by Giorgio Alleva, Full Professor of Statistics at the Faculty of Economics of the Sapienza University of Rome, former president of ISTAT, who oversaw its elaboration.
The Istituto per il Credito Sportivo, social bank for the sustainable development of Italy through Sport and Culture, presented the study the “GDP of sport. The economic dimension of sport in Italy”, Aimed at estimating a set of indicators of the size and economic performance of the sector in Italy – as well as the positioning of our country with respect to the European ones – in terms of the contribution of Sport to the national Gross Domestic Product and to employment.
A commitment solicited and supported by the Undersecretary to the Presidency of the Council of Ministers with responsibility for Sport, Valentina Vezzali and by the Department for Sport of the Presidency of the Council of Ministers, which will become systematic and systemic through a permanent platform of analysis, studies and research, at the which other institutions can join, to improve the “tool” and its effectiveness. The president of the ICS, Andrea Abodi and the president and CEO of Sport e Salute SpA, Vito Cozzoli, took part in the meeting with the media at the Tennis Club of the Foro Italico Sports Park. ‘in-depth report by Giorgio Alleva, Full Professor of Statistics at the Faculty of Economics of the Sapienza University of Rome, former president of ISTAT, who oversaw its elaboration.
A work that makes it possible to estimate and make available to sports organizations, the sports movement, institutions and various operators an updated data for our country for the year 2019, with a comparison with 2018. The year 2019 represents in fact the most recent year for which the data produced by official statistics are available, necessary to update and reconstruct an analytical framework as complete as possible. On the other hand, 2019 is an important year, representing the period immediately preceding the onset of the pandemic. A time reference for subsequent updates scheduled, from year to year. With a contribution to GDP of around 24.5 billion euros and around 420,000 employees, the contribution of sport to the country’s economy in 2019 is significant. In terms of GDP it represents 1.37 percent of the total. Furthermore, the multiplier of sports activities is equal to 2.19.
In particular, of the total added value, 4.4 billion are generated by sports activities, about 11 billion by strictly connected activities (all industrial products and services needed as inputs to play sports) and another 9.1 billion by activities related to the activities sports in a broad sense (including, for example, television broadcasts, tourist services for those who practice sports, betting, sports publishing, transport and medical services used by athletes and spectators, etc.). Media contacts Institute for Sports Credit [email protected] tel. 06.32498653
Italy, within the EU, according to the data published in 2018, ranks fourth in absolute value, with a GDP of Sport equal to 21.2 billion euros. However, in relative terms, we are lagging behind many European countries: thirteenth place in terms of sport GDP per capita, 356 euros, and fourteenth place as a percentage contribution to national GDP.
The methodology used for this study will make it possible to systematically estimate the dimension of Sport in the coming years: a first step which, with the involvement of all the players in the system, aims to become an annual meeting of reflection and comparison, to write together the future of our country to the future of sport.
The Undersecretary to the Presidency of the Council of Ministers with responsibility for Sport, Valentina Vezzali, said: “This survey offers many food for thought for the methodology and sources; an articulated work that ICS has conceived with an authoritative working group, which expands the number of indicators and makes the data analysis very widespread. Above all, it confirms that the sport system contributes to the formation of national GDP on a par with and more than other economic sectors and that, compared to other EU Member States, we do not yet have a Sport Satellite Account (SSA) on which we must work also by providing resources. adequate to make it happen. This relationship must not only concern the Italian sports movement, but all those who make the great public and private choices because a more active Italy requires smart and green cities, but above all sport-friendly ones that include sport as a fundamental means to achieve well-being. correct health and lifestyles “.
“Sport, in all its forms and expressions, is one of the main ‘social immune defenses’ – declared Andrea Abodi, the president of the Istituto per il Credito Sportivo -, a strategic factor for the pursuit of the goal of improving quality of life, which requires us to have an ever greater and profound knowledge of the social and economic dimension of the sector, to guide choices, refine and coordinate policies, configure new tools and harmonize and improve existing ones. The ICS intends to make available to stakeholders an initial contribution of data, collected and processed, which make it possible to indicate the contribution of Sport to the Italian Gross Domestic Product, including in the perimeter observed also the sectors connected and connected to the sports one. The tool we are making available will also be extremely useful in view of a more precise identification and determination of the ‘value chain’ of Italian sport through which, thanks to the 2019 Reform, the public contribution is also calculated, annually equal 32% of the tax generated by the sector, with a guaranteed minimum of 410 million euros. It will be important to relate all these data with the assessment of its social impact (SROI), which for Credito Sportivo is becoming the operational practice of every single financing operation “.
The president and CEO of Sport e Salute SpA, Vito Cozzoli asserted that “Numbers, statistics, studies and big data are now fundamental to measure the performance of a sector and its impact on citizens. This is even more true for sport that every day produces physical activity and well-being, involves people of all ages, from children to the elderly, tests the 110,000 sports associations and those who work for them. All this represents the sports movement and generates a GDP that is right to measure on the basis of new parameters. With the Istituto per il Credito Sportivo, the Coni and on the impulse of the undersecretary with responsibility for Sport Valentina Vezzali and the Department for Sport, Sport and Health are committed to providing more and more a ‘toolbox’ useful for correct definition of the wealth generated by sporting activity. That which concerns personal growth and that which affects the entire economy of the country. Figures, calculations, surveys can point the way to our world and to the Government for the best use of public resources. In the name of the common good which is sport ”.
“The update of the European Commission’s study to 2019 – said Giorgio Alleva, Professor of Statistics at the Faculty of Economics of the Sapienza University of Rome – highlights the relevance of the sector, but also the large room for improvement. The growth potential mainly concerns infrastructures and services, for example educational ones, and is also linked to the delay to be bridged in sporting practice by the population ”.