Value added of culture 

Updated: 21.10.2016 - Next update: 23.10.2017
   
 
 
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Employment in cultural industries went down clearly and the share of industries in consumption diminished further in 2014

The role of culture in the economy fell further slightly, and its share of GDP was 2.9 per cent in 2014, whereas it was 3.0 per cent one year earlier. The falling tendency was visible in both production, consumption and particularly in employment. The significant exception was the games industry, which grew strongly in 2014 as well. Most of the activity of the games industry remains outside the limitations of the actual cultural satellite, but separate calculations have been made on the whole games industry for this release.

Although measured in current prices, the value added of culture was in 2014 at the same level as in 2013, the share of culture in the value added of the whole economy has diminished slightly from before, as the value added of the entire economy grew. In most industry groups, value added was either unchanged or slightly decreased, but small growth was visible in the fields of live culture and radio and TV activities.


Source:
Statistics Finland / Culture satellite accounts


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