The Inter-American Development Bank (IDB) released 10 Years of Championing Culture and Creativity: The IDB's Commitment to Cultural and Creative Industries, a publication that lays out challenges, opportunities, and recommendations for making culture and creativity a cornerstone of economic recovery in Latin America and the Caribbean.
The creative economy has among the highest growth rates of any sector of the region’s economy. It generates $124 billion in revenue, or 2.2% of the region's GDP, and employs 1.9 million people.