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For every 100 euros of GVA generated in the economy, about two euros and thirty cents correspond to cultural activities in 2020
Culture Satellite Account
For every 100 euros of GVA generated in the economy, about two euros and thirty cents correspond to cultural activities in 2020 - 2018 - 2020
20 October 2022

Summary

Taking 2018 as a reference year and with results for the triennium 2018-2020, the new edition of the Culture Satellite Account (CSA) reveals that cultural activities accounted for around 2.4% of the Gross Value Added (GVA) in 2018 and 2019 and 2.3% in 2020. The reduction in 2020 reflected a stronger impact of the COVID 19 pandemic on these activities than that seen in the national economy, estimating that the culture GVA has decreased by 10.6%, which compares with a reduction of 5.8% in total GVA. The contraction of cultural activities in 2020 was largely associated with the strong reduction in the consumption expenditure of cultural products by households, which decreased by around 20%, representing only 2.2% of total household expenditure when, in 2018 and 2019, corresponded to 2.6%.

In 2018, culture generated a GVA close to 4.2 billion euros and covered around 133.6 thousand jobs, representing 2.8% of total employment. The average compensation of employees in cultural activities was higher (1.8%) than in the national economy.

In 2018, the most representative domain in terms of cultural units was the Performing arts (31.1%). Audiovisual & multimedia and Inter-disciplinary stood out for their relative importance in the structure of GVA (24.8%) and employment (22.5%), respectively. Dissemination / Trade was the most representative function in the distribution of cultural units (36.2%) and GVA (34.1%), while Production / Publishing took precedence in the structure of cultural employment (33.5%).

Among the six European Union countries with available and updated information, Portugal appears with the lowest relative weight of culture in the national GVA.


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