GovWire

Official Statistics: DCMS Sector Economic Estimates: Gross Value Added

Department For Culture Media Sport

February 15
09:30 2024

Headline finding

In the 2021 calendar year, the DCMS Sectors (excluding tourism) contributed around 8% of UK GVA.

About

DCMS estimates of GVA provide a measure of the contribution made by the DCMS Sectors to the UK economy. They provide estimates of GVA by industries within DCMSs remit, and . This enables assessment of the contribution of DCMS industries to the UK economy, and a greater understanding of access to employment in the DCMS Sectors.

All estimates on this page represent the latest version according to updates in methodology.

What DCMS estimates

DCMS releases two separate series of estimates for GVA: Annual GVA and Monthly GVA

  • Annual GVA is based on data from ONS including balanced GVA estimates from the National Accounts. This is our most robust method of estimating GVA and has been badged as National Statistics.
  • Monthly GVA (and the associated annual estimates based on monthly GVA) is based on data from ONS including monthly GDP indexes. This leading indicator of GVA is less robust than our annual series, but more timely and is an experimental Official Statistic.

For information on how these estimates are produced please see the relevant technical report for each release.

DCMS Sector Economic Estimates, annual GVA:

Accompanying release

DCMS Sector Economic Estimates, monthly GVA:

Accompanying release

Published 15 February 2024

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