DIW Econ study: Airbnb travellers spent more than 1 billion euros on local consumption in Germany in 2016
Small and medium-sized enterprises (SMEs) continue to recover!
SMEs form the basis of the EU-28 economy. In 2016, SMEs created 93 million jobs and added value by a further 1.4%. Businesses benefited mainly from stronger aggregate demand (consumption, exports and capital investment).
Small and medium-sized enterprises (SMEs) continue to recover!
SMEs form the basis of the EU-28 economy. In 2015, almost 23 million SMEs generated USD 3.9 trillion and provided 90 million jobs. This means that in 2015 SMEs accounted for two-thirds of employment in the EU-28 and slightly less than three-fifths of EU-28 value added in the non-financial sector.
DIW Weekly Report No. 26, 2017
Berlin was also the founding capital of Germany in 2016.
Per capita, significantly more businesses were opened both in comparison to the national average and in comparison to other large cities such as Hamburg.
While the total number of start-ups in the federal government has continued to decline steadily since 2011, this downward trend was stopped in Berlin: In 2016 a similar number of people started their own business as in 2015.
The study commissioned by the Federal Association of the German Tourism Industry (BTW) funded by the Federal Ministry of Economics and Energy (BMWi) uses internationally established economic statistical methods to present the economic significance of tourism in Germany within the framework of a Tourism Satellite Account.
In accordance with the official economic statistics of the Federal Statistical Office, the structure and level of tourism consumption and the associated effects on gross value added and employment are recorded. The study also deals with the effects of digitisation on the tourism industry.