Creative economy booms, with services leading the growth

UNCTAD - United Nations Conference on Trade & Development,
04 October 2024, International

The creative economy is growing fast, with creative services leading the charge.

According to UN Trade and Development’s (UNCTAD) Creative Economy Outlook 2024, creative services exports surged by 29% to $1.4 trillion in 2022, while creative goods exports increased by 19% to $713 billion.

Creative services now represent 19% of all global service exports, up from 12% a decade ago. Meanwhile, creative goods exports have remained steady at 3% of total goods trade. While developing countries primarily export creative goods, their share of global creative services exports has grown significantly, from 10% in 2010 to 20% in 2022.

https://unctad.org/news/creative-economy-booms-services-leading-growth