Community involvement
Who forms part of the social economy?
The social economy plays an essential role in economic and social development, but there are different organisations that take part in it.
In recent decades, companies from the social economy have been growing in different countries around the world, contributing to each country’s Gross Domestic Product (GDP), as well as being a source of employment.
The social economy, in figures. The social economy has gained attention in recent times all over the world and different countries have adapted their legislation in order to boost the sector.
In many countries, the social economy is an important factor for employment and it significantly contributes to the Gross Domestic Product (GDP). The importance of employment in the social economy as a percentage of the total may vary from 1% in Bulgaria and 3% in Hungary, to 10.4% in France and 12.1% in Belgium, according to data gathered by the Organisation for Economic Cooperation and Development (OECD).
The social economy makes up 7% of the world’s GDP and employment, as informed by the Secretariat of the United Nations, and it generates 8% of the European Union’s GDP through 2.8 million companies and 13.6 million jobs.
In Spain, the social economy makes up 10% of the entire GDP and 12.5% of employment, which is above the global average, according to data from the Spanish Business Confederation of the Social Economy (CEPES).
The fabric of the social economy is formed by 43,000 companies and organisations that generate almost 2.2 million jobs. The sample analysed by CEPES covered 3,310 companies that invoice 206.228 million euros, with up to 471,449 direct and indirect jobs.
19.1% of the cooperatives in Spain are concentrated in Catalonia, with up to 4,706 cooperatives, according to the Catalan Cooperatives Register. The model has been promoted from Catalonia and it has been consolidated as a production model within the region.
In Catalonia, social economy companies represent 3% of the business fabric, and 6% of the jobs and over 8% of Catalonia’s GDP.