Rebuilding Europe:
The cultural and creative economy before and after the COVID-19 crisis​
Discover the
immense size
of Europe's
creative economy
And its vast
untapped potential
for a post-COVID recovery
Europe's cultural and creative industries
€643b
in turnover
4.4%
of EU GDP
8.4x
as many jobs as the telecommunications industry
31%
losses in 2020
What are the cultural and creative industries (CCIs)?
Advertising
Architecture
Audiovisual
Books
Music
Newspapers & magazines
Performing arts
Radio
Video games
Visual arts
Downloads
Executive summary translations
Press conference live stream
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.
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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.
Contact
For press enquires or more information about the study
GESAC
Habib Msallem
EY
Marc Lhermitte, study author
Amélie Fournier, press relations