Abstract. In this article historical and contemporary influence of physical education (PE) and sport instances are shown in economic indices. The notion "health", as well as the influence of physical education and sport at its level, is given. Health-detrimental behavior (malnutrition, physical inactivity, alcohol abuse and smoking) can be the cause of chronic diseases and have a significant influence on health of citizens. Experimental data, which approve that bad working conditions and health-detrimental behavior can discourage productivity and extend the periods of temporary incapacity for work, are marked. In addition, there is an access to the majority of the adult population, which provides a perfect opportunity for healthy lifestyle campaign. Consequently, the campaigns aimed at health improvement of the employable population at their working places, have potentials for a wide population segment engagement, which cannot be accessible for other medical campaigns. Experimental data on increase in labour productivity and economic effectiveness improvement by means of physical education are given; the latter was applied to people at their work during the soviet period, when the large-scale research was made. The necessity of physical education integration in the productive process is proved, which will finally have a positive impact on the whole economy.