Contribution of the arts and culture industry to the UK economy
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Each year we commission a report to showcase the incredible outstanding contribution that arts and culture makes to the UK economy. This report is based largely on the most recent available official data provided by the Office for National Statistics.
The report highlights:
- The arts and culture industry has grown £390million in a year and now contributes £10.8billion a year to the UK economy.
- The sector contributes £2.8billion a year to the Treasury via taxation, and generates a further £23billion a year and 363,700 jobs.
- Productivity in the arts and culture industry between 2009 and 2016 was greater than that of the economy as a whole, with gross value added per worker at £62,000 for arts and culture, compared to £46,800 for the wider UK economy.
Date: | 17 April 2019 |
Author: | Centre for Economics and Business Research (CEBR) |