Sebastião Bugalho· PPE

Unverifiable

CETA contributes more than EUR 3 billion to European GDP

Omissions

• The specific GDP contribution figure of >EUR 3 billion could not be located in available official sources. Sources found reference trade volumes and tariff savings but not direct GDP contribution equivalent to this amount.
• The CETA evaluation study from 2025 may contain the relevant GDP impact data but the specific figure was not accessible in search results.

Sources

• PrimaryEuropean Commission - Driving shared prosperity: Boosting EU-Canada trade through CETATrade in goods has jumped 76 percent to over €81 billion; trade in services surged 97 percent since CETA entered into force nine years ago
• PrimaryEuropean Commission - CETA evaluation shows strong economic and social benefits (Press Release IP/25/1482)CETA evaluation study examining economic, social, environmental effects; mentions real wages increased by 0.02% in EU due to CETA
• PrimaryGerman Federal Ministry for Economic Affairs and Energy - CETA FAQAccording to European Commission calculations, tariff reductions will save European exporters around €590 million a year