New economic indicators for Creative Industries

February 15, 2021

Newly released infographics demonstrate the economic impact of the creative industries sector.

The Gross Value Added (GVA) of the UK creative industries was provisionally estimated at £115.9bn in 2019 current prices, before the disruption caused by the COVID-19 global pandemic.

This was equivalent to contributing approximately £13.2m every hour of 2019 at current prices (i.e. before adjusting for inflation). Between 2010 and 2019, the creative industries grew its GVA by 43.6 per cent, compared to growth of 17.7 per cent across the UK economy during the same period.

The UK creative industries accounted for 2.1m jobs in 2019, having added 61,000 new jobs in 12 months.

The UK creative industries exported £35.6bn of services in 2018, the latest available year of data. Exports of creative services account for 12 per cent of all UK service exports. The value of these exports grew by 8.9 per cent between 2017 and 2018.

Download and share this infographic and the story

Related Articles

In conversation with Greg Clark MP

In conversation with Greg Clark MP - Wednesday 28th October, 2020 – Write Up. As part of Policy Connect’s “In conversation with…” event series, CEO Jonathan...

read more

Archive

Join in the conversation on Twitter


Skip to content