Creative industries worth to UK economy reaches record high

Coral Williamson

The UK’s creative industries are now worth £76.9 billion per year to the economy, equating to £8.8m per hour or £146,000 per minute.

New statistics also show that gross value added (GVA) for 2012-13 increased by 9.9%, more than three times that of the UK economy as a whole, and higher than any other industry.

In 2013, the GVA of creative industries was £76.9bn, accounting for 5% of the UK economy and higher than before for the fourth year running.

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