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Cycling adds €500 bn to EU economy – report

By News Editor / Updated: 21 Dec 2016

A new report by the European Cyclists’ Federation (ECF) says that cycling creates economic benefits of €513 billion in EU member states – equivalent to over €1000 per person.

The report says that the benefits of cycling occur not only in specific, isolated fields like transport or environmental policy, but in many other areas such as like industrial policy, employment, health and social policy. 

This report is ECF’s second calculation of the internal and external benefits of cycling linked to the current level of cycling in the EU’s 28 member states.

It is an extended and updated version of the first report published in 2013. The calculations have been updated with the latest available figures.

In some cases, the methodologies for calculating the benefits have been refined taking into account the feedback received, and more benefits have been systemically added.

‘These findings once again prove that cycling pays a great contribution to the EU economy in general, at the same time contributing to many different policy fields, therefore, it is an interest of the EU to reap these benefits,’ said the ECF’s advocacy director, Ádám Bodor.

For more information, visit ecf.com.

Image copyright: Cycle Overload (image on Flickr) by "Amsterdamized", licensed under CC BY-NC-ND 2.0.

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