Study to Monitor the Economic Development of the Collaborative Economy in the EU
Publication date: 23 February 2018 | Report language: EN
The study measured the current level of development of the collaborative economy of the EU-28 across the transport, accommodation, finance and online skills sectors. The size of the collaborative economy relative to the total EU economy was estimated to be EUR 26.5 billion (0.17% of EU-28 GDP in 2016). Similarly, it is estimated that about 394,000 persons are employed within the collaborative economy in the EU-28 (0.15% of EU-28 employment).
The largest collaborative economy markets are found in France (EUR 6.5603 billion), UK (EUR 4.6377 billion), Poland (EUR 2.7366 billion) and Spain (EUR 2.5243 billion). These top four countries also offered the most jobs in the collaborative economy (approx. 74,600, 69,400, 65,400 and 39,700, respectively) in 2016. In general, the seven largest collaborative economy markets in the EU (France, UK, Poland, Spain, Germany, Italy and Denmark) represent about 80% of the total collaborative revenues of the EU-28 in 2016.
At the same time, the level of development of the collaborative economy in the EU varies significantly. In Estonia, Poland, Latvia, Luxembourg, the Czech Republic and Sweden, the collaborative economy plays a significant role in the overall economy – these countries perform above the EU-28 average. On the other hand, in Denmark, Ireland, Romania, Slovenia and Belgium, the collaborative economy plays a relatively minor role in the overall economy and, more likely than not, has yet to be adopted by consumers.