08 Jul Economic contribution of arts and culture
We’ve commissioned two new independent reports which highlight significant economic growth in arts and culture.
Contribution of the arts and culture industry to the UK economy
This report is an update of the Centre for Economics and Business Research’s (Cebr) 2015 study, on behalf of Arts Council England, on the contribution made by the arts and culture industry to the UK’s national and regional economies.
The report includes new figures that show;
- New figures show the arts and culture industry has grown 10% in a year, and now contributes £8.5bn to the UK economy.
- There were £5.2bn exports of arts and culture goods and services in 2013, more than 3 times that of UK film sector. With 84% going outside the EU.
- Culture pays £2.6bn in taxes, £5 for every £1 of public funding.