In 2020-21, the creative industries added a gross value of $34.4 billion to the Victorian economy. This figure has grown an average of 5.6 percent annually over the last five years.
Highlights 2020-21
- $34.4b Gross Value Add (GVA) generated by the creative and cultural sector
- 5.1% Increase in GVA over 12 months
- 7.3% Creative and cultural sector % of the total Victorian economy
- 5.6% Average annual rate of GVA increase for the creative industries over the last 5 years
Note: ABS Labour Force data and National Institute of Economic and Industry Research (NIEIR).