Latest statistics from 2023 on sectors supported by Creative Wales show an annual turnover of £1.5 billion has been generated in 2023 alone, an increase of over 10% on the previous year.
Other highlights in the statistical report show:
- Over 3500 businesses now operate in the creative industries in Wales, a 12% increase since 2018
- Over 35,000 people are now employed within Creative Wales priority sectors, in addition to a significant freelance workforce
- Annual turnover has increased for TV and Film, Gaming, Digital and Music sectors
The creative industries are widely recognised as one of Wales’ major success stories following over a decade of investment by the Welsh Government since they were identified as having significant growth potential for Wales.
Since it was established, Creative Wales-supported productions have contributed to an expected £313 million of conditional spend into the Welsh economy (on everything from employment and skills development to filming sets and business growth) from £26.5 million of investment in production funding alone.
Beyond their economic impact, productions supported by Creative Wales also contribute to the development of an increasingly skilled, diverse Welsh creative workforce.
For further information please select the following link: Latest figures show creative boom in Wales boosting the economy | GOV.WALES
Image: Theo Whiteman | HBO