TERA Consultant Report - EU Creative industries account for nearly 7% of GDP

A new study on the economic contribution of the creative industries to EU GDP and employment between 2008 and 2011 shows that the value added by the total creative industries (core creative industries plus non-core creative industries) in the European Union is approximately €860 billion, representing a 6.8% share of GDP. The core industries alone generates €558 billion in value.

Add to this the contribution to jobs – 8.3 million – and it is clear that the creative industries are a key driver of the EU economy.

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