The Economic Value of Sport - Local Model uses national and published local data to provide an indicative annual value for a range of different elements of the sports economy. These are presented in terms of Gross Value Added (GVA is wages and operating profit) and employment at the local authority (LA), County Sports Partnership (CSP) and Local Enterprise Partnership (LEP) levels.
If you click the documents below you will see a snapshot of the economic value of sport in each Hertfordshire district and in the county. This data was exported from the Sport England Economic Value of Sport tool.
Understanding the data
The data has been divided into three categories; sports participation, non-participation and wider impacts.
Sports services - Employment and GVA supported by sports services such as fitness centres and classes, sports clubs, hire of facilities etc
Sports wear and equipment - Employment and GVA generated by businesses that manufacture and sell sports equipment and sportswear for participating in sport.
Sport education - An allocation of employment and GVA supported by sports education in the national study, based on the number of schoolchildren in the area.
Spectator sports - Employment and GVA supported by sports clubs and facilities hosting sports events and spectators.
Sports wear and equipment - The proportion of employment and GVA generated by the manufacture and sale of sports equipment and sportswear that are not used for participating in sport.
Sports broadcasting and gambling - A proportion of the national employment and GVA in sports broadcasting and gambling based on the overall number of broadcasting and gambling jobs in the area.
Health - Physically active people are healthier, reducing the costs of treating diseases andincreasing life expectancy, both of which can be given monetary values. This uses
the total number of people aged 16+ participating in sport regularly (once a week)
and estimates the value of participating (compared with being inactive.
Volunteering - This is the amount of volunteering time given over a year, and uses a notional wage to provide an overall value of that time.
Wider spending - Spectators and participants will spend money elsewhere in the economy during their trips to sports events (e.g. food, drink and transport).
If you would like to use this tool further then please log into the Sport England website by clicking here.