The cultural and creative economy before and after the COVID-19 crisis
And its vast
for a post-COVID recovery
Europe's cultural and creative industries
of EU GDP
as many jobs as the telecommunications industry
losses in 2020
What are the cultural and creative industries (CCIs)?
Newspapers & magazines
Executive summary translations
Press conference live stream
Presentation of the study
GESAC member contributors
About the study
Europe's creative economy has been decimated by the effects of the COVID-19 pandemic. Venues remain closed, productions postponed and advertising revenues have plummeted.
We have all, individually, suffered the effects of cultural and social scarcity.
But 2019 was a different story. Cultural and creative industries (CCIs) represented some of Europe's biggest employers, some of its most diverse and fast-growing sectors, and a major contributor to European GDP. The balance of trade in culture posted a net surplus of €8.6 billion in 2019.
In this follow up to their hugely influential 2014 study, EY digs down into the numbers behind the continued rise of European CCIs, how they came to be an economic heavyweight, and how they just might hold to key to a strong European recovery.