{"id":9969,"date":"2025-04-06T23:16:16","date_gmt":"2025-04-06T17:31:16","guid":{"rendered":"https:\/\/elitenewsnepal.com\/?p=9969"},"modified":"2025-04-06T23:16:16","modified_gmt":"2025-04-06T17:31:16","slug":"fifa-wto-report-projects-usd-47-billion-economic-impact-from-upcoming-club-and-world-cups-in-the-united-states","status":"publish","type":"post","link":"https:\/\/elitenewsnepal.com\/?p=9969","title":{"rendered":"FIFA-WTO Report Projects USD 47 Billion Economic Impact from Upcoming Club and World Cups in the United States"},"content":{"rendered":"<p class=\"\" data-start=\"0\" data-end=\"771\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-9970\" src=\"https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259.png\" alt=\"\" width=\"1638\" height=\"894\" srcset=\"https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259.png 1638w, https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-300x164.png 300w, https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-1024x559.png 1024w, https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-768x419.png 768w, https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-1536x838.png 1536w\" sizes=\"(max-width: 1638px) 100vw, 1638px\" \/><\/p>\n<p><strong>April 6, 2025\u2014<\/strong>\u00a0FIFA and the World Trade Organization (WTO) Secretariat have released two comprehensive studies forecasting a combined USD 47 billion in economic output from the upcoming FIFA Club World Cup 2025\u2122 and FIFA World Cup 2026\u2122, with the United States set to reap substantial benefits as the primary host nation. Conducted by independent research firm OpenEconomics (OE), the studies provide in-depth analysis of the global and domestic socioeconomic impact of FIFA\u2019s flagship events, assessing both tangible and intangible contributions, including direct, indirect, and induced effects. The research is part of the ongoing GoalEconomy initiative, launched by FIFA and the WTO to explore how football can be a driver of inclusive and sustainable economic development worldwide.<\/p>\n<p class=\"\" data-start=\"773\" data-end=\"1375\">According to the findings, the FIFA World Cup 2026\u2122 set to be the largest in history with 6.5 million expected attendees across host nations the United States, Canada, and Mexico \u2014 could contribute as much as USD 40.9 billion to global GDP and deliver USD 8.28 billion in global social benefits. The tournament is also projected to support the creation of nearly 824,000 full-time equivalent (FTE) jobs worldwide. Specifically in the United States, OE estimates that the World Cup will generate USD 30.5 billion in gross output, add USD 17.2 billion to GDP, and create approximately 185,000 FTE jobs.<\/p>\n<p class=\"\" data-start=\"1377\" data-end=\"1983\">The separate study on the FIFA Club World Cup 2025\u2122, which marks the debut of the new 32-team format and will also be hosted in the United States, highlights the tournament\u2019s potential to further stimulate economic growth. With an anticipated attendance of 3.7 million across 11 host cities, the event could inject up to USD 21.1 billion into the global GDP, including USD 9.6 billion directly into the U.S. economy. In addition, it is expected to generate USD 17.1 billion in gross output and unlock USD 3.36 billion in social benefits across the United States while supporting approximately 105,000 jobs.<\/p>\n<p class=\"\" data-start=\"1985\" data-end=\"2682\">The publication of these studies follows the Memorandum of Understanding (MoU) signed by FIFA President Gianni Infantino and WTO Director-General Dr. Ngozi Okonjo-Iweala during the WTO Public Forum in September 2022, signaling a joint commitment to analyzing and leveraging football\u2019s role in global economic development. FIFA President Infantino emphasized that the data confirms football\u2019s power beyond the pitch, describing the sport as \u201can engine for economic growth, job creation, and community development.\u201d Dr. Okonjo-Iweala echoed this sentiment, noting that the studies \u201cshow the immense potential football holds in unlocking trade and economic growth, especially for developing nations.\u201d<\/p>\n<p class=\"\" data-start=\"2684\" data-end=\"3114\">With preparations underway for both tournaments, the studies reinforce the idea that major global football events not only serve as cultural spectacles but also deliver lasting economic and social impact. As the world counts down to the FIFA Club World Cup 2025\u2122 and FIFA World Cup 2026\u2122, the latest research highlights the critical role of sport in shaping inclusive growth and sustainable development in host nations and beyond.<\/p>\n<p><em>Source: FIFA<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>April 6, 2025\u2014\u00a0FIFA and the World Trade Organization (WTO) Secretariat have released two comprehensive studies forecasting a combined USD 47 billion in economic output from the upcoming FIFA Club World Cup 2025\u2122 and FIFA World Cup 2026\u2122, with the United States set to reap substantial benefits as the primary host nation. Conducted by independent research [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1056],"tags":[],"class_list":["post-9969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english"],"acf":[],"aioseo_notices":[],"rttpg_featured_image_url":{"full":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259.png",1638,894,false],"landscape":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259.png",1638,894,false],"portraits":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259.png",1638,894,false],"thumbnail":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-150x150.png",150,150,true],"medium":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-300x164.png",300,164,true],"large":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-1024x559.png",1024,559,true],"1536x1536":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-1536x838.png",1536,838,true],"2048x2048":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259.png",1638,894,false],"viral-mag-1300x540":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-1300x540.png",1300,540,true],"viral-mag-800x500":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-800x500.png",800,500,true],"viral-mag-700x700":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-700x700.png",700,700,true],"viral-mag-650x500":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-650x500.png",650,500,true],"viral-mag-500x500":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-500x500.png",500,500,true],"viral-mag-500x600":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-500x600.png",500,600,true],"viral-mag-360x240":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-360x240.png",360,240,true],"viral-mag-150x150":["https:\/\/elitenewsnepal.com\/wp-content\/uploads\/2025\/04\/Screenshot-259-150x150.png",150,150,true]},"rttpg_author":{"display_name":"Elite News Nepal","author_link":"https:\/\/elitenewsnepal.com\/?author=1"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/elitenewsnepal.com\/?cat=1056\" rel=\"category\">English<\/a>","rttpg_excerpt":"April 6, 2025\u2014\u00a0FIFA and the World Trade Organization (WTO) Secretariat have released two comprehensive studies forecasting a combined USD 47 billion in economic output from the upcoming FIFA Club World Cup 2025\u2122 and FIFA World Cup 2026\u2122, with the United States set to reap substantial benefits as the primary host nation. Conducted by independent research&hellip;","_links":{"self":[{"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=\/wp\/v2\/posts\/9969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9969"}],"version-history":[{"count":1,"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=\/wp\/v2\/posts\/9969\/revisions"}],"predecessor-version":[{"id":9971,"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=\/wp\/v2\/posts\/9969\/revisions\/9971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=\/wp\/v2\/media\/9970"}],"wp:attachment":[{"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elitenewsnepal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}