Arts: Economic Growth
The question
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the level of the contribution of the UK creative industries to economic growth.
Answered by Ian Murray
DCMS Economic Estimates provide accredited official statistics on the contribution of the creative industries to the UK economy over time, measured by Gross Value Added (GVA).
In 2024, the creative industries contributed an estimated £145.8 billion in GVA to the UK economy. The sector grew by 4.6% between 2023 and 2024 - more than four times the growth rate of the overall UK economy (1.0%) during the same period. In the longer term, from 2010 to 2024 creative industries GVA grew faster than the UK economy (60.3% vs 24.3%). In 2024, the creative industries accounted for approximately 5.6% of the total UK GVA, compared to 4.7% in 2010.
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