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Official Statistics: DCMS and Digital Economic Estimates: Monthly GVA (to June 2023)

Department For Culture Media Sport

August 16
08:30 2023

Details

Headline findings

DCMS Sectors (excluding Tourism)

In June 2023, GVA of reported DCMS sectors increased at a greater rate than the UK as a whole. GVA of the included DCMS Sectors grew by around 1.0% compared to May 2023, while the UK as a whole grew by 0.5%. This followed a 0.1% estimated growth in DCMS Sectors in April (up 0.2% in the whole UK economy) and a 0.9% estimated increase in May (0.1% decrease for the whole UK economy).

GVA of reported DCMS Sectors (excluding Tourism) in June 2023 was 10% above February 2020 levels, which was the most recent month prior to pandemic measures being introduced in the UK. By comparison, GVA for the whole UK economy was 0.8% higher than in February 2020.

Digital and Telecoms sectors

In June 2023, Digital Sector GVA grew by around 1% from May 2023, while GVA for the UK economy grew by less (0.5%). This increase followed a 0.9% increase for the Digital Sector in April (up 0.2% for the whole UK economy) and a 0.2% estimated increase in May (0.1% decrease for the whole UK economy).

GVA by the Digital Sector in March 2023 was 15% above February 2020 levels, which was the most recent month prior to pandemic measures being introduced in the UK. By comparison, GVA for the whole UK economy was 0.8% higher than in February 2020.

Released

16 August 2023

About this release

The DCMS Sector total reported here includes Civil Society, Creative Industries, Cultural Sector, Gambling and Sport. Tourism is not included as the data is not yet available (see note in data table). Figures for the Digital Sector and Telecoms are presented separately as responsibility for these policy areas now sits with the Department for Science, Innovation and Technology.

Monthly estimates

These Economic Estimates are Official Statistics used to provide an estimate of the economic contribution of DCMS Sectors, and of the Digital Sector, in terms of gross value added (GVA), for the period January 2019 to June 2023. This current release contains new figures for April to June 2023.

Estimates are in chained volume measures (i.e. have been adjusted for inflation), at 2019 prices, and are seasonally adjusted. These latest monthly estimates should only be used to illustrate general trends, not used as definitive figures.

You can use these estimates to:

  • Look at relative indicative changes in GVA over time for DCMS sectors and subsectors (and, respectively, for the Digital Sector and sub-sectors)

You should not use these estimates to:

  • Quantify GVA for a specific month
  • Measure absolute change in GVA over time
  • Determine findings for sectors that are defined using more detailed industrial classes (due to the data sources only being available at broader industry levels)

Data sources and Technical information

The findings are calculated based on published ONS data sources including the Index of Services and Index of Production.

These data sources provide an estimate of the monthly change in GVA for all UK industries. However, the data is only available for broader industry groups, whereas DCMS sectors, and the Digital Sector, are respectively defined at a more detailed industrial level. For example, GVA for Cultural education (a sub-sector of the Cultural Sector within the DCMS Sectors) is estimated based on the trend for all education. Sectors such as Cultural education may have been affected differently by COVID-19 compared to education in general. These estimates are also based on the composition of the economy in 2019. Overall, this means the accuracy of monthly GVA for DCMS sectors is likely to be lower for months in 2020 and 2021.

The technical guidance contains further information about data sources, methodology, and the validation and accuracy of these estimates. The latest version of this guidance was publish

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