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Study on Study on the Economy of Culture in Europe published

2 March 2007

Study on the Economy of Culture in Europe published This study is a first at European level. It highlights the direct (in terms of GDP, growth and employment) as well as the indirect (links between creativity and innovation, links with the ICT sector, regional development and attractiveness) contribution of the cultural and creative sectors towards the Lisbon Agenda. A few figures: - The sector turned over more than 654 billions Euros in 2003. - The sector contributed to 2,6% of EU GDP in 2003. - The overall growth of the sector's value added was 19,7% in 1999-2003. - In 2004, at least 5,8 million people worked in the sector, equivalent to 3,1% of total employed population in Europe. We invite you to read the report in its entirety as well as the executive summary at theEU website.