Research & Reports

This Is Music 2025

UK Music's annual economic report, This Is Music 2025, outlines the huge economic contribution the UK music industry makes to the economy in 2024.

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The key headline statistics in UK Music’s 2025 report are:

  • UK music’s contribution to the UK economy in 2024 hit a record £8 billion in terms of Gross Value Added (GVA) – up 5% from £7.6 billion in 2023.
  • UK music exports revenue in 2024 reached a new high of £4.8 billion – up 5% from £4.6 billion in 2023 (please see under editors notes for definition of ‘revenue’ and ‘GVA’)
  • Total UK music industry employment in 2024 hit a record 220,000 (full-time equivalent posts) – up 2% from 216,000 in 2023.