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Physics and the economy

Millions of jobs and billions in GDP are generated by Physics in Europe

In 2018, the 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, 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.


The analysis from the Cebr was commissioned by EPS after consultation with an EPS Working Group consisting of: R. Voss, P. Rudolf, F. Saunders and D. Lee. Members of the Working Group, who assisted in defining the terms of reference of the study and wrote the Executive Summary based on the full Cebr report, can be contacted for further information.

Executive summary of an analysis
prepared by Cebr
for the European Physical Society

EPS Report on Physics and the economy

Report by Cebr
for the European Physical Society

EPS Report on Physics and the economy

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Download EPS executive summary.
Download Complete report from the Cebr.

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