Official Statistics

Using annual estimates from summed monthly GVA data

Published 16 November 2022

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This publication is available at https://www.gov.uk/government/statistics/dcms-sectors-economic-estimates-monthly-gva-to-september-2022/using-annual-estimates-from-summed-monthly-gva-data

1. About these estimates

These annual estimates have been produced by summing monthly GVA estimates for the 12 calendar months in each year from 2019 to 2021. They are our most timely way of estimating GVA for most DCMS sectors but, as they are based on the monthly GVA estimates, the same caveats apply (full methodology), and they should be used with caution. These estimates will be complemented by our more robust annual GVA series when data becomes available.

2. Key technical points:

  • The estimates are based on the monthly data as published in November 2022. The monthly GVA gives a timely estimate that is then revised frequently as new data becomes available. The monthly index is revised regularly and these summed estimates will be revised in future if necessary.

  • These “summed monthly” annual GVA figures incorporate the scheduled revisions made to the UK GDP dataset by the ONS in October 2022, ensuring DCMS sector estimates are the most up-to-date. Therefore, the estimated values will be different to earlier published versions of these estimates.

  • These estimates cannot be directly compared to our annual GVA estimates series, due to methodology differences, however it is possible to look at trends up to 2019 using the annual series, and trends from 2019 using these estimates. You can find data from 2010 to 2019 in our most recent annual GVA publication.

3. Key findings

3.1 All DCMS Sectors (excluding Tourism)

  • We estimate that GVA by DCMS sector businesses in 2021 was £216 billion, an increase of 8% from 2020. This is similar in real terms than in 2019, prior to the pandemic; over the same period the UK economy as a whole decreased (-4%).

  • Our traditional annual GVA estimates (which exclude Civil Society as well as Tourism) showed that, up to 2019, GVA by the DCMS sectors grew faster than GVA by the UK economy as a whole, increasing by 30% in real terms between 2010 and 2019 compared to 18% for the UK economy

3.2 Civil Society

  • We estimate that in 2021, GVA by Civil Society was £16 billion, 6% lower than in 2019, in comparison to the GVA decrease by the UK economy as a whole (-4%).

  • We were not able to calculate growth for Civil Society in our traditional annual GVA estimates due to lack of suitable data.

3.3 Creative Industries

  • We estimate that in 2021, GVA by the Creative Industries was £109 billion, 1% higher in real terms than in 2019, compared to the UK economy as a whole (-4%).

  • Our traditional annual GVA estimates showed that, up to 2019, GVA by the Creative Industries grew faster than GVA by the UK economy as a whole, increasing by 44% in real terms between 2010 and 2019 compared to 18% for the UK economy.

3.4 Cultural sector

  • We estimate that in 2021, GVA by the Cultural sector was £29 billion, 11% lower in real terms than in 2019, a larger fall than the UK economy as a whole (-4%).

  • Our traditional annual GVA estimates showed that, up to 2019, GVA by the Digital sector grew faster than GVA by the UK economy as a whole, increasing by 27% in real terms between 2010 and 2019 compared to 18% for the UK economy.

3.5 Digital sector

  • We estimate that in 2021, GVA by the Digital sector was £143 billion, 3% higher in real terms than in 2019, compared to the fall in the UK economy as a whole (-2%).

  • Our traditional annual GVA estimates showed that, up to 2019, GVA by the Digital sector grew faster than GVA by the UK economy as a whole, increasing by 26% in real terms between 2010 and 2019 compared to 18% for the UK economy.

3.6 Gambling sector

  • We estimate that in 2021, GVA by the Gambling sector was £7 billion, 16% lower in real terms than in 2019, a larger fall than the UK economy as a whole (-4%).

  • Our traditional annual GVA estimates showed that, up to 2019, GVA by the Gambling  sector grew faster than GVA by the UK economy as a whole, increasing by 45% in real terms between 2010 and 2019 compared to 18% for the UK economy.

3.7 Sport sector

  • We estimate that in 2021, GVA by the Sport sector was £15 billion, 13% lower in real terms than in 2019, a larger fall than the UK economy as a whole (-4%).

  • Our traditional annual GVA estimates showed that, up to 2019, GVA by the Sport sector grew faster than GVA by the UK economy as a whole, increasing by 20% in real terms between 2010 and 2019 compared to 18% for the UK economy.

3.8 Telecoms sector

  • We estimate that in 2021, GVA by the Telecoms sector was £37 billion, 9% higher in real terms than in 2019, compared to the fall in UK economy as a whole (-4%).

  • Our traditional annual GVA estimates showed that, up to 2019, GVA by the Telecoms sector grew faster than GVA by the UK economy as a whole, increasing by 22% in real terms between 2010 and 2019 compared to 18% for the UK economy.

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