34
358
47
645
Brewing sector
Supplying sectors
Hospitality industry
Retail
12
117
406
70
391
Excise
VAT hospitality
VAT retail
Induced income tax, payroll
tax and social security
revenue brewing sector
Induced income tax, payroll
tax and social security
revenue other sectors
7 | Total value added due to beer
8 | Total government
revenues due to beer
The contribution of the brewing sector to the Greek
economy can also be expressed in terms of value-added.
The total value-added generated by these 59,600 jobs is
estimated at 1,084 million euro. In 2008 the total value-
added due to beer was higher (1,235 million euro).
The 2010 government also benefitted from the brewing
sector, receiving some 997 million euro in taxes
and excises :
VAT revenue was estimated to be 476 million euro, the
main proportion being generated in the hospitality sector.
Despite declining consumption VAT revenue increased
due to a higher VAT rate.
Total excise revenue from beer was 116 million euro.
Income-related revenue due to beer production and
sales was approximately 404 million euro comprising 93
million euro income tax, 138 million euro social security
contributions paid by employees and 172 million euro
social security taxes and payroll taxes paid by employers.
In 2010 total government revenue due to beer was lower
than in 2008 (1.04 billion euro).
The brewing sector share of overall value-added arising
from the production and sale of beer is 33%, which is
signifcantly higher than the brewing sector share in total
employment arising from beer (3%). A key explanation for
this is the high productivity of brewing sector employees.
›
Graph 19.4. / Value added due to the production
and sale of beer : 1.1 billion euro
›
Graph 19.5. / Government revenues due to the production
and sale of beer : 997 million euro
›
Source : Ernst & Young calculation (2011)
›
Source : Ernst & Young calculation (2011)
Greece
19
123