Economic Impact Report

As the global leader in logistics real estate, every day Prologis sees many of the goods that make modern life possible flow through its distribution centers.

With its unique view into the interconnected nature of global trade, Prologis commissioned independent advisory firm Oxford Economics (OE) to conduct an economic impact analysis to examine how its business operations and its customers’ activity together contribute to the global economy. Phase 1 of the Future Flow of Goods study was conducted in 2017. Phase 2 was conducted in July 2020. Phase 3 was updated in December 2022 to reflect Prologis’ growth and changes in the logistics real estate landscape.

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Here is what we discovered:

We shorten the time it takes to deliver the world’s goods to you

$2.7

Trillion is the economic value of goods flowing through our distribution centers each year1. This represents…

4.0%

of the GDP for the 19 countries where we do business2

24.3%

of global goods consumption in those 19 countries

2.8%

of the world’s GDP3

Under Prologis’ Roofs Each Day:

1.1 million

People go to work around the world

Prologis employee David Huajardo wearing Prologis polo shirt at the Oakland Global Logistics Center in Oakland, California

Danita Mayweather Coleman, Real Estate & Customer Experience, Senior Manager

Prologis Employees Adrian Olmeda and Mayra Coronado wearing Prologis hard hats and orange vests standing on the roof of Prologis Park Centro Industrial Juarez in Juarez, Mexico

Prologis maintance tech, Max Igwe, wearing Prologis branded jacket posing in warehouse in California

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Prologis’ Employment Impact:

3.5 million

Global Jobs

Taken together, the full global economic impact of operations in Prologis warehouses:

$315 Billion

Per Year ⁴

The total global tax impacts of Prologis is substantial:

$66 Billion

Per Year ⁴

Our location strategy is purposeful.

Our buildings are where the action is today and where it will be tomorrow.

5,800

Customers

4,914

Buildings

1

Billion Square Feet

19

Countries

4

Continents

1. Based on 2020 data per Oxford Economics report. Per Oxford Economics, it is important to note that GDP represents the total value of all final goods and services production. Some warehouses may be used to store intermediate goods (i.e. components used in the production of final goods), and of course services do not need to be stored, and a single good will often be stored in multiple warehouses on its way to final consumers.

2. Per Oxford Economics, it is important to note that GDP represents the total value of all final goods and services production. Some warehouses may be used to store intermediate goods (i.e. components used in the production of final goods), and of course services do not need to be stored, and a single good will often be stored in multiple warehouses on its way to final consumers.

3. Per Oxford Economics, it is important to note that GDP represents the total value of all final goods and services production. Some warehouses may be used to store intermediate goods (i.e. components used in the production of final goods), and of course services do not need to be stored, and a single good will often be stored in multiple warehouses on its way to final consumers.

4. As described in the methodology in the Oxford Economics report, these impacts include the direct operations in the Prologis warehouses themselves, the indirect (supply chain) impacts, and the induced impacts.

Economic Impact Report