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The chemical industry contributes $5.7 trillion to global GDP

The chemical industry contributes $5.7 trillion to global GDP
Issue Time:2019-03-15

On March 11, at the opening of the Fourth United Nations Environment Conference (UNEA-4), the International Council of Chemical Associations (ICCA) released an analysis of the contribution of the chemical industry to the global economy: The Global Chemical Industry: Catalyzing Growth and Addressing Our World's Sustainability Challenges.

 

The report shows that the chemical industry is involved in almost all production sectors and is estimated to contribute 5.7 trillion US dollars (7% of global GDP) to global gross domestic product (GDP) through direct, indirect and induced impacts, and globally. There are 120 million jobs available.

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