The WDC has championed the growth of the Creative economy (CE), in the West of Ireland region since the mid noughties, in part because of the inherent strength of the creative assets unique to the region , but also because for innovators, entrepreneurs and visitors alike , a vibrant Creative economy immeasurably adds to the value and opportunities of life in our region.
World-wide the Creative economy is growing stronger than nearly any other and is an essential component of a modern knowledge economy. UNCTAD have stated that the global market for creative goods has more than doubled from 2002 to 2015 to $509 Bn, and despite the financial crisis, trade in Creative goods had an average growth rate exceeding 7%. Similarly, global trade in Creative services has grown to 18.9% of all traded services by 2015.
Total sales 2016
Value of sector 2016