MANILA, Philippines — The value of the country’s creative economy rose by 6.8 percent in 2023 from a year ago as the sector employed more people, according to the Philippine Statistics Authority .
The PSA said the creative economy is composed of industries like audio and audiovisual media activities; digital interactive goods and service activities; advertising, research and development and other artistic service activities; symbols and images and other related activities; media publishing and printing activities; music, arts and entertainment activities; visual arts activities; traditional cultural expression activities and art galleries, museums, ballrooms, conventions and trade shows...
This was followed by digital interactive goods and service activities with a 21 percent share in 2023. Symbols and images and other related activities came in next with a 30.3 percent share of employment in the sector, followed by advertising, research and development and other artistic service activities with 17.8 percent.The PSA said it plans to institutionalize the compilation of the data on the country’s creative economy subject to the approval of the PSA Board and budget from the national government.Kojie.