bp’s impact on the European economy in 2022
bp has operations in 18 countries in the EU27, and its own activities generate direct impacts in each of these countries.
Country reports
bp makes a substantial contribution to the EU27 economy
- In total, bp supported €12 billion in gross value added contributions to EU27 GDP in 2022 – equivalent to 0,08% of EU27 GDP.
- bp’s own operations directly created a €4,2 billion gross value-added contribution to EU27 GDP.
- bp employed 16.484 people and stimulated a further 115.000 jobs along the EU27 supply chain.
- bp spent a total of €8,3 billion with businesses in EU27 countries. Companies in every EU27 country benefitted.
bp is an important collector and payer of tax in the EU27
- bp collected and paid €13,9 billion to EU27 governments in 2022.
- bp stimulated a further €3,8 billion in tax payments along the supply chain.
- Total taxes supported by bp, totalling €18 billion, were equivalent to 0,24% of all general revenue collected in 2022 by EU27 governments.