Measuring the size of EU bioeconomy by input-output approach: BioMonitor Policy Brief #4

The ultimate objective of the BioMonitor project is to analyse how the Bioeconomy affects our lives. Indicators derived from the national accounting system can contribute to this analysis. We show the development of the value added of the bioeconomy for 28 European Union Member States (MS) and 16 industries using Input-Output statistics covering the period from 2005 to 2015. The measurement method proposes a model that includes the upand down-stream linkages of sectors of the bioeconomy. The results show that for the majority of the EU member States the value added of the up- and down-stream sector ranges between 40%-50% of the total bioeconomy value added and has on average increased since the financial crisis.