Oxford Economics study - The Economic Importance of Motorcycles in Europe

13 Sep 2021

Oxford Economics study - The Economic Importance of Motorcycles in Europe

This piece of research by Oxford Economics shows that the motorcycle sector in the EU and the UK supports about 389,000 jobs through different activities including the manufacturing of vehicles, parts and accessories, and personal protective equipment, as well as motorcycle-related activities.

The study has also found that just in 2019, the motorcycle sector contributed about € 21.4 billion of GDP across Europe. All in all, every € 1 of GDP created directly by motorcycle businesses supported a further € 1.80 of GDP in other industries, due to the various knock-on expenditure impacts.

In terms of tax revenue, the motorcycle sector and related activities generated about € 16.6 billion, making motorcycling an important contributor to public finances, particularly in large markets like Germany, France, Italy, UK and Spain.