Number of businesses indicates the size and diversity of the cultural and creative industries in Victoria. Business numbers also indicate the sustainability of the sector, including nett growth in the number of businesses. The number of new businesses also indicates whether there are significant barriers to entry to the sector.
The ABS publishes counts of Victorian businesses, including entries and exits, over four year periods. (Catalogue 8165.0)
The total number of businesses in the Victorian cultural and creative industries have increased slightly over recent years. Between 2014 and 2017, the number of creative businesses in Victoria increased from 46,470 to 46,640, or 04.%. This increase was driven by the number of creative businesses with an annual turnover of more than $50,000.
A very large majority of businesses in the cultural and creative economy have a turnover of less than $2 million.
Growth in numbers of businesses by size of turnover
The most significant increase has been the number of Computer System Design and Related Services which has increased by 1140 net businesses.
The most significant decline has been in the number of clothing manufacturing businesses, which have decreased by 211 net businesses between 2014 and 2017
Learn more about creative industries business activity at ABS Counts of Australian Businesses.