Beyond tax revenues, we positively impact economies in which we are located through our ecosystem’s spending, such as R&D, supply chain sourcing activities, and employee market activities. For example, recent economic studies have estimated our operations contribute nearly $2 billion per year to the Irish economy and $5 billion to the Israeli economy and directly contributed $25.9 billion to the United States 2019 gross domestic product.
We believe that our integrated approach to financial matters, corporate governance, and corporate responsibility drives increased accountability, improves decision-making, and ultimately creates long-term value for Intel and the communities where we operate. Our operations have positive and diverse social and economic impacts around the world, strengthening the communities where our people live and work. You can read more about these efforts in our annual Corporate Responsibility Report.