The MIA were delighted to work with our members to gather data to contribute to UK Music’s Music By Numbers report, which reveals the key role that music plays in the economy. This year, the data includes a ‘Music Retail’ section, covering musical instrument sales, for the first time…
Many thanks to MIA Director Ian Robinson and his team at Blackstar Amplification for their hard work in collating and analysing the data!
The key facts in Music By Numbers 2019:
- The UK music industry contributed £5.2 billion to the UK economy in 2018.
- The Live Music sector made a contribution of £1.1 billion in 2018 – up 10% from £991 million in 2017.
- Employment in the industry hit an all-time high of 190,935 in 2018.
- The total export revenue of the music industry was £2.7 billion in 2018.
- Music tourism alone contributed £4.5 billion spend to the UK economy in 2018 – up 12% from £4 billion in 2017.
- Overseas visitors to UK shows and festivals surged by 10% from 810,000 in 2017 to 888,000 in 2018.
You can read the full report, including the Music Retail section here: www.ukmusic.org/Music_By_Numbers_2019_Report