An Overview - Sport New Zealand
An Overview - Sport New Zealand
An Overview - Sport New Zealand
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THE VALUE OF SPORT<br />
5<br />
<strong>Sport</strong> and recreation facilities are a large investment by <strong>New</strong><br />
<strong>Zealand</strong> local governments<br />
• Councils spent $345 million on new sport and recreation facilities in 2008/09.<br />
• This contributed $100 million to the value of the construction sector that year.<br />
<strong>Sport</strong> and recreation volunteers contribute valuable services to<br />
<strong>New</strong> <strong>Zealand</strong>ers<br />
• Volunteers contributed over 50 million (51.3 million) hours to sport and<br />
recreation in 2007/08.<br />
• The estimated market value of these volunteered services is over $700<br />
million ($728 million at 2009 values).<br />
<strong>Sport</strong> and recreation provide additional social benefits to <strong>New</strong><br />
<strong>Zealand</strong><br />
• Increased work productivity and better health outcomes, minus the costs<br />
of serious sport and recreation accidents, produced social benefits of $1.0<br />
billion in 2009.<br />
• Direct benefits enjoyed by participants in sport and recreation are estimated<br />
to be a further $5.9 billion.<br />
<strong>Sport</strong> and recreation activities are an important part of <strong>New</strong><br />
<strong>Zealand</strong>’s tax base<br />
• The sport and recreation sector (broadly defined) contributed $4.5 billion to<br />
GDP in 2008/09, or 2.4 per cent.<br />
• This is estimated to have generated tax revenue of $1.3 billion.<br />
<strong>Sport</strong> and recreation are an important economic sector in <strong>New</strong><br />
<strong>Zealand</strong><br />
• The contribution of sport and recreation to GDP (including volunteered<br />
services) in 2008/09 was more than $5.2 billion, or 2.8 per cent.<br />
• This is as large as a recent estimate of the contribution made to GDP by the<br />
dairy sector.<br />
• Including the value of social and personal benefits, the total value of sport<br />
and recreation to <strong>New</strong> <strong>Zealand</strong>ers is around $12.2 billion.