The sector grew by almost 10 per cent in 2012, outperforming all other sectors of UK industry, according to the Department for Culture, Media and Sport.
The creative industries as a whole now account for just over 5 per cent of the UK economy, according to the report. It also accounts for 8 per cent of UK exports – valued at £15.5 billion.
The figures show that design is worth £2.5 billion a year. The DCMS classifies design as being product, graphic and fashion design.
The figures also show that crafts are worth £248 million a year, publishing is worth £9.7 billion a year and advertising and marketing is worth £10 billion a year.
Employment in the design sector, meanwhile, rose by 16 per cent in 2012, to 116 000 people. The creative industries as a whole account for 1.68 million jobs.
Culture Secretary Maria Miller says, ‘These incredible statistics are confirmation that the Creative Industries consistently punch well above their weight, outperforming all the other main industry sectors, and are a powerhouse within the UK economy.
‘We are committed to ensuring that the energy, innovation, skills and talent existing in this dynamic sector continues to translate into economic success, and provide a remarkable platform from which, we can showcase Britain to the world.’
Nicola Mendelsohn, chair of the Creative Industries Council – a joint forum for the creative industries and Government that features the Sorrell Foundation and the Design Council – says the council is working on developing a growth strategy for the sector.
Mendelsohn says, ‘It’s vital that the right framework is in place to nurture and support the industry… We will identify how all involved can ensure the creative industries continue to go from strength to strength.’
You can read the DCMS report in full here.