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Clothing represented 2% european gdp new: Meanwhile. Similarly,
Clothing represented 2% european gdp:
Published on
July 1, 2025
The sale of brand clothing contributes 2% to European GDP, with 331.8 billion euros, and generates 4.5 million jobs, according to an Oxford Economics study commanded by the European Branded Clothing Association (EBCA).
This federation brings together 70 major brands of the old continent. accumulating by their respective activities more than 250,000 jobs. The trade in brands is to date represent 80% of the European retail sale of clothing.
The work carried out for its account clothing represented 2% european gdp new by Oxford Economics. with the year 2023 for reference. makes it possible to assess that clothing represented 2% european gdp the sale of brand clothing represents 8.5% of the GDP generated by the trade sector.
The report also estimates that the activity of clothing brands also generates 190.1 billion euros in indirect GDP, via providers in the sector. An amount to which would be added 86.2 billion impact induced by the activity of the sector.
“For a euro of added value generated by the industry. five euros of added value are stimulated in other sectors in Europe”, summarizes Oxford Economics.
On the job side, researchers estimate that 1.3 million direct jobs are generated by brand clothing trade (including 62.8% women), or 9.4% of jobs generated by the trade and retail sector in Europe. To these are added 2.2 million indirect jobs linked to the sector, as well clothing represented 2% european gdp new as a million induced jobs.
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Clothing represented 2% european gdp new
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