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Creative industries worth £700m

Published 08/11/2011

The creative industries are worth more than £700m a year to the Northern Ireland economy, according to statistics produced by the Department of Culture, Arts and Leisure.

In 2008, the gross value added from the creative industries sector was £737m, which is equal to 4.2% of regional economic output.

Some 31,000 people in Northern Ireland are employed in 2,200 creative industries’ businesses, says the report.

This is equivalent to 4.1% of jobs and 3.2% of businesses.

Minister Carál Ní Chuilín said: “The creative industries are recognised across the world for their potential for job and wealth creation.

“The sector can help us to rebuild and rebalance our economy by stimulating the innovation, R&D and creativity needed to drive export focused growth.”

According to the Northern Ireland Science Park, an additional 25,000 jobs could be produced by exploiting opportunities in the knowledge economy sector, which could generate an additional £3bn a year to our economic output.

Belfast Telegraph

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