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UK economy made $3.8bn from video games industry in 2016

And it provides 50,000 jobs

UK economy made $3.8bn from video games industry in 2016

The UK video games industry provides in the region of 50,000 jobs as well as contributing $3.8bn to the country's economy.

That's according to the 'Screen Business: How tax incentives help power economic growth across the UK' report commissioned by the British Film Institute, produced by Olsberg SPI and Nordicity, that examines the impact of tax relief on the industry.

GGWP

This uses 2016 data as many areas are still working out their stats for last year.

The report indicates that $3.8bn (£2.87bn) to the economy, and employs 47,620 people.

Of that figure, 20,430 are working in games development, publishing and retail. The total is worked out when taking into account other workers in the sector, such as PR, the media and so on.

Our sister-site PCGamesInsider.Biz has the full story.


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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