Arts and culture overtakes agriculture in contribution to UK economy
April 26, 2019
Latest figures on economic contribution show the arts and culture industry has grown by £390million in one year, and contributes £10.8billion to UK economy
Arts Council England today publishes ‘Contribution of the arts and culture industry to the UK economy’. Commissioned from the Centre for Economic and Business Research, the report shows that:
Arts and culture’s economic contribution is now higher than the UK agricultural sector’s £10.085billion, and roughly equal to that of cities such as Liverpool and Sheffield;
The sector contributes £2.8billion a year to the Treasury via taxation, and generates a further £23billion a year and 363,700 jobs through supply chains and spending by employees;
Productivity in the arts and culture industry between 2009 and 2016 was greater than that of the economy as a whole, with gross value added per worker at £62,000 for arts and culture, compared to £46,800 for the wider UK economy.