Contribution of the bioeconomy to jobs and growth in the EU.
Brief me
- In 2022, the biomass producing and converting sectors of the EU economy generated up to EUR 812 billion in value added in the European Union (5.0% of the EU GDP), growing by 12% in nominal terms compared to 2021.
- 17.2 million jobs were created, accounting for 8.0% of total EU employment. While the number of jobs is similar to that of 2021, some bio-based manufacturing activities, such as bio-based chemicals, pharmaceuticals, plastics and rubber or the manufacture of wood products, did show an increase in the number of persons employed.
- The structure of the EU bioeconomy varies across Member States. Generally, Eastern and Southern European countries have higher shares of bio-based sectors over GDP and total employment, due to their specialisation in primary sectors.
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