Each year Arts Council England commission a report to showcase the contribution that arts and culture makes to the UK economy, using the most recent available official data provided by the Office for National Statistics. This report shows that:
- The arts and culture industry has grown £390million in a year and now contributes £10.8billion a year to the UK economy.
- The sector contributes £2.8billion a year to the Treasury via taxation, and generates a further £23billion a year and 363,700 jobs.
- 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.
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This report is focused on analysing how the arts and culture industry contributes to and impacts on the UK economy. Contributions to macro-economic indicators such as gross value added (GVA) contributions to GDP, employment and household incomes are assessed. But it also examines the indirect and induced multiplier impacts that can be associated with the arts and culture industry, through its supply chain linkages with the rest of the economy and the activities stimulated when employees of arts and culture organisations spend their earnings in the wider economy. In addition, this report uses survey data to consider the impact of National Portfolio Organisations and their economic contributions to the wider economy as well as some ‘spillover’ impacts NPOs and other arts and culture organisations can have.
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