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Events at the Frankfurt Trade Fair Generate Annual Turnover of EUR 3.1 billion

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  • Horst Penzkofer

Abstract

In an average year of events overall expenditure by domestic and foreign visitors and exhibitors in Frankfurt totals around EUR 2.4 billion. Over EUR 1 billion of this annual total remains in Frankfurt, while EUR 240 million is spent in the rest of Hessen. According to the latest calculations by the Ifo, Institute in Munich, the remainder of this sum flows into the rest of Germany (around EUR 380) and abroad (around EUR 720 million). If indirect production effects are taken into consideration, the result is an average annual turnover of EUR 3.1 billion. If all (direct and indirect) production effects are taken into account, a total of around 32,500 jobs in Germany are created by events at the Frankfurt trade fair in an average calendar year of events.

Suggested Citation

  • Horst Penzkofer, 2012. "Events at the Frankfurt Trade Fair Generate Annual Turnover of EUR 3.1 billion," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(07), pages 32-37, April.
    • Handle: RePEc:ces:ifosdt:v:65:y:2012:i:07:p:32-37
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    File URL: https://www.ifo.de/DocDL/ifosd_2012_07_4.pdf
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    1. Horst Penzkofer, 2009. "More than 28,000 jobs nationwide from trade fairs and conventions in Düsseldorf," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(22), pages 47-51, November.
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    Cited by:

    1. Horst Penzkofer, 2014. "Exhibitors and Visitors to Trade Fairs and Events of the Munich Trade Fair Generate Nationwide Turnover of over 2.6 billion," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(10), pages 38-42, May.

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    1. Horst Penzkofer, 2017. "Düsseldorf Trade Fairs and Events by Düsseldorf Congress Sport & Event: Year-on-Year National Turnover Totals around 3 Billion Euros," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 70(17), pages 39-44, September.

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