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UK Music's 2024 Report Highlights Industry's Growth and Challenges

Posted by Liz Marshall on

UK Music has published its annual report, This Is Music 2024, showcasing the UK music industry’s record-breaking economic contributions and addressing critical challenges.
  1. UK music’s contribution to the UK economy in 2023 hit a record £7.6 billion in terms of Gross Value Added (GVA) – up 13% from £6.7 billion in 2022.
  2. UK music exports revenue in 2023 hit a new high of £4.6 billion – up 15% from £4 billion in 2022.
Find out the finer details here
Find the full report here
 
This data is drawn from the This Is Music 2024 report.

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UK Music's 2024 Report Highlights Industry's Growth and Challenges