Sports economy
Chosen to host the biggest sporting event in the world, the 2024 Olympic and Paralympic Games, Paris is preparing to become a global showcase. Unifying and inclusive, sport is practiced by millions of French people and stands out as one of the pillars of our nation. France is the country which devotes the most money to sport within the EU. All sporting expenses combined, the annual funding for sport amounts to nearly €40 billion, with both public funding, a growing share of private spending and specific funding for major sporting events (Paris 2024 Olympic Games).
In 2024, Paris will host the Olympic Games
for the third time in its history
(Ministry for Sport)
In 2020,
11,000 businesses were created in the sector
(BPCE L’Observatoire/Sports economy, 2021)
60% of French people took part in physical and activity and sport once a week on average in 2022
(54% in 2018)
(Injep, Crédoc, 2023)
Sport, an attractive sector
The Olympic and Paralympic Games
France has been selected to organize the biggest sporting event on the planet. These games will be geared towards equality, ecology, the Social and Solidarity Economy, and the integration of vulnerable groups.
A dynamic and resilient market
In 2020, the sports market was resilient against Covid-19, with 11,000 businesses being created in this sector. The sale of bicycles grew very sharply.
Sport Tech
Connected objects, big data and virtual reality modify and enrich the experience for both spectators and professional or amateur athletes. France is ranked second in Europe for fundraising in Sport Tech.
A welcoming country
France is the world champion for hosting sporting events. It holds numerous titles, medals, and records, which make it one of the world’s best sporting nations.
The French way of life
in 2022, 72% of French people took part in regular or occasional sport activity (+6% compared with 2018).
Sport, in addition to bringing generations together, and to being the key to good health, shapes the lives of many French people
Sport, an inclusive player
In 2020, the French Handisport Federation was made up of 60,000 practitioners and 35,000 licensees. The state is committed to developing access to sport for all, in particular with the creation of the National Sport Agency, founded in 2019
E-sport
First made accessible to the public in France in the 2010s, the e-sport sector has since skyrocketed. In France, the e-sport market was estimated to be worth €50 million in 2019.
FIFA is transferring some of its services to Paris
FIFA is returning to where it was founded in 1904: Paris. Discover the reasons behind its decision here:
