UK Music Launches Survey into Value of Music to UK Economy

UK Music has launched its annual survey to find out the value of the music industry to the UK economy.

The survey is open to artists, musicians, composers, songwriters, lyricists, singers, producers and engineers, and asks about 2024 earnings. 

Filling in the survey also enters you into a prize draw to win a £100 Amazon voucher or a £100 PMT music store voucher.

More information on prize draw terms and how UK Music will use your data can be found on the first page of the survey.

Help the union campaign for a fairer industry

Your answers will be used to calculate:

• How much music contributes to the UK economy
• How many jobs the music industry supports
• Breakdowns for different sectors such as live performance, musical composition and recorded music.

For the first time, the survey also includes information about artificial intelligence (AI) and its impact on your income.

This information helps UK Music, the MU and other organisations in the music industry campaign for policies that help musicians, such as arts funding, investment in music education and making it easier for musicians to tour in Europe.

The UK music industry contributes billions to the economy

Last year’s report revealed that the the UK music industry contributed a record £7.6 billion to the UK economy in 2023 in gross value added (GVA) - up 1% from £6.7 billion in 2022.

The report also spotlighted many of the challenges faced by our members. For example, 87% of musicians and music creators whose earnings were affected by Brexit said their earnings fell in 2023 - up from 82% of those surveyed in 2022.

Commenting on the 2023 report, MU General Secretary Naomi Pohl said: "We can’t take British music for granted and we know that further investment, as well as fixing some of the problems caused by leaving the EU and the cost of living crisis, could lead to substantial growth and returns for the UK’s economy.”