AUTOMOTIVE STUDY 2025 / Šaroch (ed.) et al.

2.1.1 The importance of the automotive industry in terms of GDP in the EU e importance of the automotive industry can be assessed not only based on the volume of production and export of motor vehicles, but also through its share in the gross value added (GVA), related to both the gross domestic product (GDP) of the country and the gross value added of manufacturing industry (CZ-NACE C). is classi cation includes the division Manufacture of motor vehicles (except motorcycles), trailers and semi-trailers (CZ-NACE 29), which is one of the key components of the manufacturing industry in several European countries. e average share of automotive GVA in GDP in the European Union was 1.4% in 2022. However, in some Member States this share was signi cantly higher, re ecting the signi cant impact of this sector on their economies. e Czech Republic returned to the top position in 2022 with the highest share of automotive GVA (excluding the impact of other subcontracting industries) in GDP at 3.6%. Slovakia, which dominated this ranking in 2020 and 2021, together with Germany, traditionally considered one of the leaders of the automotive industry, achieved a share of automotive GVA in GDP of 3.3% in 2023. In the case of the share of automotive GVA in manufacturing GVA, the EU average is 9.1%. e highest shares are again reported by the Czech Republic (18.6%), Slovenia (18.0%) and Germany (17.9%). ese di erences between countries re ect not only the di erent size and structure of economics but also the speci c position of the automotive industry within their manufacturing sectors. Table 2.3: Automotive gross value added (GVA) as a share of GDP and manufacturing GVA in the EU (2022)

Automotive GVA/ GDP

Automotive GVA/ Manufacturing industry GVA

Country

Czechia Germany Slovakia Hungary Sweden Romania Slovenia

3.6 % 3.3 % 3.3 % 2.6 % 2.0 % 1.8 % 1.2 % 1.1 % 0.9 % 0.8 % 0.8 % 1.4 %

18.6 % 17.9 % 18.0 % 15.3 % 14.5 % 11.5 % 6.1 % 6.6 % 7.8 % 5.0 % 4.9 % 9.1 %

Poland

Spain

Austria

Italy

EU

Source: Eurostat

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