UK music industry contributed £4.1bn to national economy in 2014

Murray Stassen

The UK music industry contributed £4.1bn to the UK economy in GVA (Gross Value Added) in 2014, growing 5% year-on-year from £3.8bn in 2013.

That's according to UK Music's Measuring Music 2015 report, an annual economic study of the UK music industry's contribution to the national economy.

Musicians, composers, songwriters and lyricists alone contributed £1.9bn to the economy wth 117,000 full time jobs provided within the music industry during the period.

Music exports accounted for around £2.1bn of the total ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start free Trial

Register for a Music Week trial to access this article. Sign up today and you will receive:

  • 4 weeks access to news, features and chart analysis
  • 4 Digital issues of Music Week
  • The Music Week app
  • Tailored email news alerts
Start your free trial

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...