How big are the Creative Industries?

When you think of big industries, do you think of the creative industries? Or do you think about STEM, Agriculture or Finance. If you think of the latter, you may be underestimating the power of the creative industries, and how much influence it has across the world👀

Fun fact - the Creative Industries is growing 5 times faster than the rest of the UK economy! It also makes more money for the UK economy than life sciences, oil & gas, aerospace and automotive combined. 

The Creative Industries are MASSIVE! They contribute so much more to the UK Economy and have a larger level of GVA than is usually estimated/made public. 

Here’s some quick facts:

• ❗️The UK Gaming industry’s annual contribution to the UK’s GDP reached £2.9 billion by December 2021. 

• ❗️The UK Publishing Industry has a turnover of £6 billion

• ❗️The Theatre industry is worth a whopping £101.5 billion! The sector is also growing at nearly twice the rate of the UK economy. 

This is only three different industries, imagine how much the 16 Creative Industries is pumping into the UK economy as a whole! 

Now, that’s a lot of talk about the economy… let's look at who’s working in the Creative Industries! 

⚡️ According to the DMCS, In the year from October 2019 to September 2020 the Creative Industries accounted for a whopping 2.2 million jobs! 

• 🔥 Theatre & Performing Arts supported 72,000 roles in 2020

• 🔥 Around 555,000 people are employed in fashion, textiles and fashion retail 

• 🔥The Crafts industry currently has around 150,000 people working in the industry

So now you know how many people work in the Creative Industries in the UK AND the contribution that the industries give to the UK economy. 

According to recent news, the digital and creative sector will need 1.2 million new workers by 2022 in order to keep up with its growth…

So, are you going to join the revolution?👀