Disney’s Economic Impact in Florida

Walt Disney World Resort generated $40 billion in economic impact across the state and a quarter of a million+ total jobs in fiscal year 2022, according to a study from Oxford Economics.

$40.3 billion

in total statewide economic impact

Fueling Florida’s Economy

The study found that Disney, which has fueled Florida’s economy, tourism and small businesses for more than half a century, generated the following across the year:

263,000

Direct and indirect jobs – 1 out of every 32 jobs in Florida.

82,000

Direct jobs of Disney’s workforce across the state. Within Central Florida, Disney directly supports 12%, or 1-in-8, of all jobs. For every direct job on-site at Disney, an additional 1.7 jobs are supported across Florida.

$12.1 billion

Total labor income in fiscal year 2022, which was a result of Disney revenues and off-site visitor spending.

$6.6 billion

Tax revenue, including $3.1 billion in annual state and local tax revenue generated by Disney, visitors, employees and third-party businesses – helping to fund local schools, law enforcement, public safety, parks, roadways and more throughout Central Florida.

2,500

Florida-based small businesses contracted to supply products and services to Disney World – part of the 8,500 small businesses across the country contracted by The Walt Disney Company.

$1.1 billion

State and local taxes to Orange and Osceola Counties and the state of Florida.

The study, which was commissioned by Disney, also reflects the economic impact of Disney Signature Experiences in Florida, including Disney Vacation Club and Disney Cruise Line.

The study found that Disney, which has fueled Florida’s economy, tourism and small businesses for more than half a century, generated the following across the year:

Hear From Industry Leaders

“I am incredibly proud of how Disney has created meaningful change and benefitted people’s lives in Florida for generations, not just in establishing our area’s theme park industry, but also in how we have worked with other sectors across the state to do the same. The numbers speak for themselves on why Disney is so important to fueling jobs, the economy and tourism throughout our region, and the future investments we’re looking to make will continue to provide even more opportunities for Floridians.”
– Jeff Vahle, President, Walt Disney World

“Disney is an economic catalyst to the state of Florida generating billions in economic activity, either directly, or indirectly through its supply chain and the spending of employees. Disney is also vital to the funding of public services, as it generated taxes of $6.6 billion in 2022, including state and local taxes of $3.1 billion.”
– Adam Sacks, President, Tourism Economics

Disney Creates Jobs in Florida

Disney’s operations power a massive small business ecosystem in the state. The company works with 2,500 small businesses here in Florida and thousands more across the country who employ workers and provide a wide range of goods and services – from the painters who help maintain Cinderella Castle, to the family-run vendor who supplies some of the sweet treats served in the theme parks and more.

One of the Largest Taxpayers in the Region

In fiscal year 2022, Disney paid and collected a combined $1.1 billion in state and local taxes to Orange and Osceola Counties and the state of Florida, as well as to the Central Florida Tourism Oversight District. The Florida State Legislature established this special district, formerly known as the Reedy Creek Improvement District, in 1967 to help provide services, including power, water, roads

Arial view of solar panels

Decade of Unprecedented Growth in Florida

No other theme park destination spans the size and scale of Walt Disney World, which is nearly twice the size of the island of Manhattan with four theme parks, over 25 Resort hotels, two water parks, a world-class shopping, dining and entertainment district and more. According to the Themed Entertainment Association, Walt Disney World is the most visited theme park destination in the world.

Disney springs water tower

Disney Gives Back to Florida Nonprofits

In addition, Disney has contributed hundreds of millions of dollars to local nonprofits throughout its history and last month announced another round of donations totaling $1.5 million going to 19 organizations making a difference in the arts, education, hunger relief and other philanthropic efforts.

In FY22, Disney cast members also donated more than 233,000 volunteer hours in Florida.

Two Mickey ear hats in front of Cinderella Castle with the embroidery saying

Hear from Our Community

Disney Turbocharges Investment in Parks

The Walt Disney Company recently announced it is developing plans to accelerate and expand investment in its Experiences segment to nearly double capital expenditures over the course of approximately 10 years to roughly $60 billion, including by investing in expanding and enhancing domestic and international parks and cruise line capacity.

Learn more