The report, shared by the EIC and based on 2025 data, stated that business events gathered 1.65 billion participants from 180 countries and generated USD 1.3 trillion in direct spending. It also noted that, including indirect and induced activities, the sector contributed a total of USD 3.1 trillion in business turnover, added USD 1.8 trillion to global GDP, and supported 24.2 million jobs worldwide.
The report is based on a global survey covering more than 1,600 event organizers, venues, destination marketing organizations, and suppliers. Commenting on the report, EIC President and CEO Amy Calvert said, “Business events are a vital part of the infrastructure that supports economic growth, workforce development, innovation, and global competitiveness.”
Growth Expected Through 2028
Oxford Economics, an independent economic consulting firm, forecasts that spending on business events will reach 1.6 trillion U.S. dollars by 2028, which would represent an average annual growth rate of 6.7 percent compared to 2025.
