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BFI StatisticalYearBook_2014

Chapter 21: The UK film economy – 223 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 The total industry turnover expressed in real terms, ie with the effects of inflation removed, is shown in Figure 21.3. The real increase since 1995 has been significant: 239% for film and video production and 173% for film exhibition. Overall, in real terms, based on available data the industry’s turnover in 2012 was almost two and a half times its 1995 level. However, this is an underestimate as our 2012 turnover data do not include figures for video distribution, as these data are confidential. With turnover for video distribution not included in the 2012 figures, the growth in real turnover for film and video distribution appears to be just 39%. Also, real turnover for film distribution fell from £2.7 billion in 2011 to £1.8 billion in 2012, due to the reclassifications of businesses in the distribution sector, as explained above. For the film industry as a whole (excluding video distribution in 2012), real turnover was just under £7.3 billion in 2012, a similar level to 2009 (the second highest level in the period shown in Figure 21.3) but higher than 2010 and 2011. The highest real turnover of the period was in 2006 when total turnover was over £7.9 billion in 2012 pounds. Figure 21.3 Inflation-adjusted turnover of UK film industry by sector, 1995-2012 £ million (2012 pounds) 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 % change 1995–2012 Film and video production (including post – production) 1,220 2,174 2,253 1,793 2,140 3,083 1,839 1,773 2,644 2,792 2,716 4,320 3,218 3,014 3,117 2,726 2,681 4,140 239.2 Film and video distribution 1,318 1,989 1,856 2,088 2,094 1,973 1,667 2,197 2,144 2,485 2,918 2,486 2,394 2,800 2,924 3,097 2,652 1,833 39.1 Film exhibition 484 603 736 666 653 686 1,086 1,112 1,232 1,304 1,269 1,142 1,162 1,266 1,269 1,320 1,293 1,322 172.9 Total 3,022 4,767 4,845 4,546 4,888 5,742 4,592 5,083 6,019 6,581 6,903 7,948 6,774 7,079 7,309 7,143 6,627 7,295 141.4 Source: Office for National Statistics Annual Business Inquiry and Annual Business Survey, HM Treasury Notes: The deflator used to calculate real values is the UK whole economy deflator. Values expressed in constant 2012 pounds. For sector classifications, see notes to Figure 21.1. For 2008 both film distribution and video distribution are suppressed by the ONS as confidential. The figure shown for the sum of the two is the 4-digit class total (5913) minus TV distribution (59133). For 2009, 2011 and 2012, only film is included in the distribution sector as the data for video distribution are confidential.


BFI StatisticalYearBook_2014
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