Growth Sector Briefing - Creative Industries
Growth Sector Briefing - Creative IndustriesOffice of the Chief Economic Adviser9 December 2022Growth Sector DefinitionScotland’s Creative Industries were identified in Scotland’s Economic Strategy (2015) as one of the growth sectors in which Scotland can build on existing comparative advantage and increase productivity and growth. For more information on the details of the SIC codes used to define this Growth Sector, please see the Creative Industries SIC 2007 definition in the Growth Sector Statistics Database and the Growth Sector Statistics Methodology Note.Key StatisticsRecent trends in GDP (2022 Q3)Updated December 2022, next update March 2023The latest GDP data show that output in the Creative Industries growth sector decreased by 2.0% in the most recent quarter, whereas output across the economy as a whole decreased by 0.2%. Compared with the same quarter in the previous year, output in this sector increased by 9.1%, whereas output across the economy as a whole increased by 2.9%, comparing Q3 2022 to Q3 2021.Employment (2021)Updated December 2022, next update November 2023Employment in the Creative Industries growth sector stood at 78,000 in 2021, accounting for 3.0% of employment in Scotland and 5.0% of employment in Creative Industries across Great Britain. Employment in this sector decreased by 10.3% over the latest year in Scotland.Employment across Scotland (2021)Updated December 2022, next update November 2023In 2021, employment in the Creative Industries growth sector was highest in Glasgow City (21,140) and City of Edinburgh (17,095), which comprised 27.1% and 21.9% of employment in this sector respectively.Exports (2019)Updated November 2021, next update tbcTotal exports from the Creative Industries growth sector stood at ?4.1 billion in 2019, accounting for 4.7% of Scotland’s total exports. Exports from this sector increased by 2.1% over the year.Exports to the rest of the UK stood at ?2.4 billion in 2019 and accounted for 58.5% of total Creative Industries exports. International exports to the EU stood at ?545 million (13.4%) and international exports to non-EU countries stood at ?1.2 billion (28.2%).Turnover/Gross Value Added (2020)Updated August 2022, next update June 2023In 2020, total turnover in the Creative Industries growth sector was ?7,907.6 million. Between 2019 and 2020, total turnover in this growth sector decreased by 6.6% in nominal terms.Gross Value Added for the Creative Industries growth sector was estimated at ?4,379.0 million in 2020, an increase of 3.2% compared to 2019 (?4,243.6 million).Enterprises (2021)Updated December 2021, next update January 2023In March 2021, there were 14,515 registered enterprises operating in the Creative Industries growth sector, representing 8.1% of all registered business in Scotland. In 2021, 97.8% of Scottish Creative Industries registered enterprises were small (0-49 employees), accounting for 53.1% of employment in this sector, whilst large enterprises (250+ employees) accounted for 0.8% of registered enterprises but 29.9% of employment.The majority of enterprises in the Creative Industries sector were UK owned with their registered office address in Scotland (97.2%), accounting for 68.5% of sector employment in 2020. 1.5% of businesses were registered abroad, but they accounted for 24.8% of employment in this sector.Earnings (2021)March 2022, next update January 2023Median weekly full time earnings across the Scottish Creative Industries growth sector stood at ?660.3 in 2021, which was higher than the Scottish average at ?622.4. Business Demography (2020)Updated March 2022, next update February 2023The number of registered business births (VAT/PAYE registrations) in the Creative Industries growth sector in Scotland decreased by 32.4%, from 1,885 in 2019 to 1,275 in 2020. The business birth rate, which is the number of births as a percentage of active businesses, was 7.4%. In comparison, business births in Creative Industries across the UK decreased by 20.4% between 2019 and 2020, with a birth rate of 8.9%.The number of business deaths (VAT/PAYE de-registrations) in the Creative Industries growth sector in Scotland increased by 19.9%, from 1,810 in 2019 to 2,170 in 2020. The business death rate, which is the number of deaths as a percentage of active businesses, was 12.6%. In comparison, business deaths in Creative Industries across the UK increased by 9.6% between 2019 and 2020, with a death rate of 11.1%.Sources of informationGDP – Scottish Government Quarterly GDP Index.Employment – Business Register and Employment Survey.Exports – Export Statistics Scotland.Turnover & GVA - Scottish Annual Business Statistics.Enterprises – Inter Departmental Business Register.Earnings – Annual Survey of Hours & Earnings.Business Demography - Inter Departmental Business Register and ONS Business Demography.All data are available from the Growth Sector Statistics Database: percentages and percentage changes over time are calculated based on the rounded figures shown in the Growth Sector Statistics Database.For more information about the methodology behind the Growth Sector Statistics Database, please see the Methodology Note: ................
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