Creative Kirklees

Creative Kirklees / News / Tue 04 Dec 2018

Cultural sector continues to grow faster than the UK economy

Cultural sector continues to grow faster than the UK economy

The economic output from the cultural sector is now just under £30bn, having grown by 7.3% in one year.

The economic contribution of cultural industries including theatre, galleries and music to the UK continues to surge upwards, growing faster than the wider economy for the sixth time in seven years.

New DCMS economic estimates show the cultural sector contributed £29.5bn in 2017 – a 7.2% increase on the £27.5bn it had generated the year before.

Similar growth was seen for both the digital sector and the wider creative industries, with which the cultural sector has some overlap, which grew by 7.3% and 7.1% respectively.

By comparison, the entire UK economy grew from £1.76bn to £1.84bn between 2016 and 2017 – an increase of 4.8%.

Read the full article at www.artsprofessional.co.uk/news/cultural-sector-continues-grow-faster-uk-economy

For more information visit http://www.artsprofessional.co.uk/news/cultural-sector-continues-grow-faster-uk-economy

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