The UK Creative Industries:
- Have a GVA contribution of £125bn – representing almost 6% of the economy.
- From 2020 to 2022, the sector’s GVA grew by over 19% and 175,000 new jobs were created.
- Export £46bn of goods and services annually, representing 14% of all UK services exports.
- The sector is growing at a rate that exceeds the national average by more than a factor of three.
…and create jobs in all UK nations and regions
- Creating jobs at three times the UK average, employing 1.8 million people across the UK
However:
- Over 70% of creative businesses report not having enough finance – and 62% believe their growth is restricted by lack of funding.
- Self-employed workers make up 28% of the Cultural and Creative Industries workforce in the UK, compared to 14% of the wider UK workforce.
- The Creative Industries account for 6% of the UK’s GVA, but receive 1% of research funds.