Lidl increases its impact on GDP and employment in Spain by 50% in the last six years

Contributes to the state coffers with 480 million in 2021, 16% more.

Lidl increases its impact on GDP and employment in Spain by 50% in the last six years

Contributes to the state coffers with 480 million in 2021, 16% more


Lidl has increased its impact on GDP by 56% in the last six years and has increased its impact on the national labor market by 48%, thus consolidating its position as the backbone of employment and wealth in Spain, according to the 'Lidl's 2021 Corporate Impact Report in Spain', prepared by the consulting firm PwC.

Specifically, the supermarket chain has once again increased its contribution to Spanish GDP and in 2021 it has represented an economic impact equivalent to 0.65% of national GDP. In this way, for every euro of profit, Lidl generates an additional 17.40 euros to the Spanish GDP.

In fact, in the period between 2016 and 2021 the company has increased its contribution to the national GDP by 56%, while only in the past year, said total contribution amounted to 7,084 million euros, 9% more than in 2020 .

"The main conclusion that we can obtain from these results is that the economic footprint generated by Lidl's activity has been characterized by capillarity since it has spread throughout all the Spanish provinces," said the Corporate General Director of Lidl Spain, Ferrán Figueras, during the presentation of the report.

Thus, the five provinces where the impact on GDP has been greater in absolute terms have been Madrid, Barcelona, ​​Murcia, Valencia and Almería, while in relative terms, that is, the percentage of total provincial GDP , the impact has been especially relevant in provinces such as Almería (3.21%), Murcia (2.13%), Huelva (1.79%), Castellón (1.26%) and Palencia (1.25%).

"This fact is very important to review, because it shows that Lidl's activity is also managing to have a very significant impact on the most depopulated areas and rural areas through the creation of wealth, fixing the population or promoting the economy rural", stressed the manager.

Figueras has revealed that this positive impact has been notable in the most economically disadvantaged areas, since "almost 60% of the economic impact has been generated in provinces with a GDP per capita below the Spanish average, for which reason Lidl has been a dynamic agent of the economy in regions with an average wealth lower than the national average, such as, for example, provinces such as Almería, Murcia and Huelva".

In this way, the company's economic activity has contributed to social cohesion in provinces that are sparsely populated or with a population density below average (36% of the impact on GDP), aged, as the proportion of people over 65 years above the average (33%), or that lose population (30%), through the creation of wealth, fixing the population or promoting the rural economy.

On the other hand, the company has recalled its commitment and commitment to local suppliers, which "in the end results in a benefit for both parties". Thus, in 2021 they exported a volume of 3,084 million euros in agri-food products, which has meant up to 41% more than in 2017.

In addition, the supermarket chain has closed the year with a trade balance surplus of 2,000 million euros, which has contributed to reducing the national trade balance by 7.4%.

"Lidl is a fundamental player in regions such as Andalusia, Murcia and the Valencian Community because we are a promoter of the Spanish fruit and vegetable product and we also favor its internationalization. Our company has contributed 14.4% of fruit and vegetable exports nationwide, and since 2015 it has practically doubled", Ferreras indicated.

In this way, the firm has increased its purchase of national products by 10% compared to 2020 and 76% since 2016.

For his part, the partner responsible for Economics in Strategy at PwC, Jordi Esteve, stressed that Lidl has paid a total of 480 million euros in taxes in Spain during the 2021 financial year, which represents a growth of 16% compared to to 2020.

Esteve explained that Lidl's tax contribution in 2021 is equivalent to the payment of 1.31 million euros per day, or what is the same, that Lidl has allocated nine euros to pay taxes for every 100 euros of its turnover .

Of these 480 million euros, a total of 231 million euros (48%) have been borne taxes, or what is the same, those that represented a cost for the company, while the remaining 249 million, which have supposed the 52% were taxes collected for carrying out their economic activity.

Regarding employment, Lidl's Corporate General Manager has indicated that the firm continues to maintain its growth trend and has increased the number of employees by 76% over the last seven years. "Our staff of professionals has already reached more than 17,500 employees, some 500 more than in 2020", he specified.

On the other hand, the rate of permanent contracts is around 94%, a percentage well above the national average, the sector and the collective agreement.

For his part, Esteve wanted to highlight that in the last seven years, Lidl has increased its business turnover by 90%.

The supermarket chain continues to bet on its sustainable growth in Spain, opening new stores and logistics centers, and buying more Spanish products to continue generating an increasingly positive impact both on the economy and on employment in the country.

"Lidl will continue to reinforce its efforts to continue creating wealth and employment throughout the Spanish territory and will continue to strengthen its commitment to Spain and its society even in adverse conditions", said Lidl's Corporate General Director Spain, Ferran Figueras.