Creative Industries Economic Estimates - January 2016 - Key findings
Published 26 January 2016
1. Key Findings
1.1 Gross value added (GVA) for the Creative Industries
- GVA of the Creative Industries was £84.1bn in 2014 and accounted for 5.2 per cent of the UK economy.
- For four years running the Creative Industries have grown as a proportion of the total UK GVA.
- GVA of the Creative Industries increased by 8.9 per cent between 2013 and 2014. This compares to 4.6 per cent for the whole of the UK.
- Between 1997 and 2014, GVA of the Creative Industries increased by 6.0 per cent each year compared to 4.3 per cent for the UK economy.
- The GVA of the Creative Industries was 3.9 per cent of total UK GVA in 1997, but had increased to 5.2 per cent in 2014.
Table 1: GVA of the Creative Industries, 2008-2014 (£m)
Sector | 2008 | 2009 | 2010 | 2011 | 2012R | 2013R | 2014 |
---|---|---|---|---|---|---|---|
1. Advertising and marketing | 8,347 | 6,967 | 6,840 | 8,128 | 9,268 | 11,946 | 13,250 |
2. Architecture | 3,565 | 3,205 | 2,638 | 3,235 | 3,480 | 3,718 | 4,326 |
3. Crafts | 195 | 218 | 268 | 264 | 248 | 135 | 288 |
4. Design: Product, Graphic and Fashion Design | 1,856 | 1,886 | 2,049 | 2,504 | 2,502 | 2,775 | 3,235 |
5. Film, TV, video, radio and photography | 8,222 | 6,296 | 7,973 | 9,987 | 9,792 | 9,500 | 10,807 |
6. IT, software and computer services | 26,018 | 26,403 | 26,991 | 27,672 | 30,713 | 34,055 | 36,578 |
7. Publishing | 9,255 | 8,968 | 9,580 | 9,286 | 9,504 | 9,902 | 10,180 |
8. Museums, Galleries and Libraries | - | - | - | - | - | - | - |
9. Music, performing and visual arts | 3,740 | 3,779 | 3,434 | 4,184 | 4,492 | 5,163 | 5,444 |
Total | 61,145 | 57,618 | 59,753 | 65,180 | 69,849 | 77,187 | 84,067 |
UK Total (Blue book, ABML)R | 1,369,505 | 1,348,507 | 1,397,744 | 1,443,281 | 1,485,776 | 1,546,914 | 1,618,346 |
% share of UK Total | 4.46% | 4.27% | 4.27% | 4.52% | 4.70% | 4.99% | 5.19% |
Notes
1. Source, ONS Annual Business Survey
2. Figures are expressed in current prices (i.e. not adjusted for inflation)
3. The ABS does not fully account for GVA of ‘Museums, galleries and libraries’ (see Annex E of the main statistical release) so these data are not shown in this table
4. The ABS does not include data for micro-business so may underestimate GVA, particularly for groups including ‘Music’ and ‘Crafts’ where self-employment is substantial
5. GVA for ‘Crafts’ has been calculated on a single SIC 07 code, and therefore changes over a single year should be treated with extreme caution
6. ABML is the name of the Blue Book series used to measure total GVA of the UK
7. R indicated the figure has been revised due to updated underlying ABS data
1.2 Employment and exports
The latest employment and exports statistics for the Creative Industries (and for employment, the Creative Economy) were released in June 2015.
- The number of jobs in the Creative Industries (including both creative and support jobs), increased by 5.5 per cent between 2013 and 2014 to 1.8 million jobs.
- Total employment in the Creative Economy across the UK increased by 5.0 per cent between 2013 and 2014 (2.6 million to 2.8 million jobs), compared with a 2.1 per cent increase in the total number of jobs in the wider UK economy over the same period.
- The value of services exported by the UK Creative Industries in 2013 was £17.9bn, a 3.5 per cent increase compared with 2012.
- Exports of services from the Creative Industries accounted for 8.7 per cent of total exports of services for the UK in 2013.
1.3 Gross value added (GVA) for the Creative Economy
- The Creative Economy was worth £133.3bn in 2014, accounting for 8.2 per cent of the UK economy.
- The Creative Economy has grown by a quarter since 2011, at a rate faster than the whole of the UK economy, which grew 12.1 per cent. This rise has primarily been led by the growth of the Creative Industries.