In 2018, the European Physical Society (EPS) commissioned an independent economic analysis from the Centre for Economics and Business Research (Cebr) on the importance of physics to the economies of Europe.

The report "The Importance of Physics to the Economies of Europe", using statistics available in the public domain through Eurostat, covers 31 European countries – the EU28 countries, plus Iceland, Norway and Switzerland. Under examination is the 6-year period 2011-2016, 2016 being the most recent year for which official data are simultaneously available for all these countries.

This 6-year snap-shot of the European economy shows that the physics based industrial sector generated over 16% of total turnover and over 12% of overall employment within Europe's business economy. EPS hope is that the message conveyed by the EPS through the study performed by Cebr will be inspiring for the future, both at the European and national levels, making a convincing case for the support for physics in all of its facets, from education to research, to business and industry.

Executive summary and complete report are available here: https://www.eps.org/page/policy_economy

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