The process of creating Poste Italiane’s economic value
Through its leadership in the logistics, financial, insurance and payment services sectors, Poste Italiane plays a key role in the creation of economic value both for the stakeholders directly impacted by its business activities and for the country as a whole. In particular, the activities carried out by Poste Italiane generate impacts on GDP, employment income, employment and contributions to PA. Impacts can be distinguished into:
- Direct impacts: impacts generated by the operating activities carried out directly by Poste Italiane;
- Indirect impacts: impacts generated along the supply chain as a result of Poste Italiane’s spending on goods and services (€3.4 billion in 2021, +14% compared to 2020) from Italian suppliers;
- Induced impacts: impacts generated by consumer spending that is realised through the income earned by workers employed directly and indirectly by the Group.
The process of creating Poste Italiane’s economic value
IMPACT 2021 | EFFECT 2021 | MULTIPLIER 2021 | |
GDP | 12,5 billion Total effect (direct, indirect and induced) |
DIRECT: 8,3 billion INDIRECT + INDUCED 4 billion |
Each Poste Italiane individual, through their work and daily commitment, contributed to the creation of GDP equal to € 105 thousand in 2021 |
EMPLOYMENT | 118,969 thousand employed Total effect (direct, indirect and induced) |
DIRECT: 63.627 million INDIRETTO + INDOTTO: 63.627 million |
Each Poste Italiane individual, through their work and daily commitment, contributed to the employment of 1.5 people in 2021 |
EMPLOYMENT INCOME | 7,3 bilion Total effect (direct, indirect and induced) |
DIRECT: 5.467 billion INDIRECT+INDUCED: 1.808 billion |
Each Poste Italiane individual, through their work and daily commitment, contributed to the distribution of € 61 thousand to households in 2021 |
CONTRIBUTIONS TO PA | 2 billion Total effect (direct, indirect and induced) |
DIRECT: 877 million INDIRETTO + INDOTTO: 1.158 million |
Each Poste Italiane individual, through their work and daily commitment, contributed to the generation of tax revenue equal to € 17 thousand in 2021 |
In 2021, the Poste Italiane Group generated impacts on the country in terms of Gross Domestic Product (GDP) totalling €12.5 billion, as well as supporting around a total 183 thousand jobs and contributing to Public Administration revenues page 12 with around €2 billion in terms of tax revenue. In addition, it is possible to estimate that Poste Italiane has directly and indirectly contributed to the distribution of income to workers for a total of € 7.3 billion.
Impacts generated in individual Territorial Areas
Considering the region of the registered office of suppliers, the indirect impacts generated by them in each Territorial Area in 2021 have been identified.
With reference to the various areas examined, there are values of Gross Domestic Product between €70 million and €1 billion. This results in an employment level of no less than one thousand people and total employment income between €40 million and €500 million approximately.
Impacts of Italian SME suppliers
Considering the parameters defined by the European Commission, the Italian suppliers that are characterised as SMEs and the indirect impacts related to them have been identified.
In 2021, SMEs impacted on the level of Gross Domestic Product for a value of €1.4 billion, leading to the employment of 23,000 people and an income distribution of around €652 million. Lastly, more than €388 million have been created in terms of tax revenue.