43
4
25
9
Brewing sector
Supplying sectors
Hospitality industry
Retail
4
25
5
19
15
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 Latvian
economy can also be expressed in terms of value-added.
The total value-added generated by these 6,450 jobs is
estimated at 81 million euro :
It has been estimated that total revenue from excise,
VAT and income-related contributions due to beer
production and sales was 67.5 million euro in 2010 :
VAT revenue was estimated at 24 million euro,
the main proportion being generated by the retail sector.
Total excise revenue from beer was 25 million euro.
Income-related revenue due to beer production and
sales was approximately 20 million euro, comprising
7 million euro in income tax, 4 million euro social security
contributions paid by employees and 9 million euro social
security taxes and payroll taxes paid by employers.
The brewing sector share of overall value-added arising
from the production and sale of beer is 53%, which is
signifcantly higher than the brewing sector share in total
employment arising from beer (26%). A key explanation for
this is the high productivity of brewing sector employees.
›
Graph 23.4. / Value added due to the production
and sale of beer : 81 million euro
›
Graph 23.5. / Government revenues due to the production
and sale of beer : 67.5 million euro
›
Source : Ernst & Young calculation (2011)
›
Source : Ernst & Young calculation (2011)
Latvia
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