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New report reveals creative industry success story


estateagencyThe latest figures released by the Department for Culture, Media and Sport (DCMS) give those of us working in the creative industries plenty of reasons to be cheerful.

The media, IT, film and music, sector were worth a record £76.9bn to the UK economy in 2013, the government has said with a report which shows an increase of 9.9% on the 2012 figure of £70bn.

The creative industries also accounted for 5.6% of UK jobs in 2013 and the only sector to add more gross value (GVA to use the jargon) was property sales.

It was the first time since DCMS records began in 1997 that the figure had topped 5%, accounting for 1.71 million jobs.

Announcing the figures the Culture Secretary Sajid Javid said: “The UK’s creative industries are recognised as world leaders around the globe and today’s figures show that they continue to grow from strength to strength.”

But before we get completely carried away with a tale of unstoppable success, the seeds of a changing and disrupted world are also there to spot.

Jobs in areas including publishing, libraries, galleries and museums fell in the period.

Some top line figures from the report, which you can download in full below:

  • Employment within the Creative Economy grew by 66 thousand jobs (2.6%) between 2012 and 2013, a higher rate than for the UK Economy as a whole (1.6%).
  • The IT, software and computer services group was worth £35.1bn in 2013, accounting for almost half of the economic benefit created by the creative industries as a whole.
  • Between 2004 and 2012 the proportion of total UK service exports which were from the Creative Industries increased from 7.9 to 8.8 per cent.

Creative Industries Economic Estimates – January 2015

The creative industry groups included in the figures by the DCMS are: Advertising and marketing; architecture; crafts; design; film, TV, video, radio and photography; IT, software and computer services; publishing; museums, galleries and libraries; and music, performing and visual arts.

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