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Figure 21.6 shows the industry’s value added expressed in real terms, ie with the effects of inflation removed. There was a sharp increase in real industry GVA between 1995 and 1996, followed by a plateau from 1996 to 2002. Real GVA then began to increase strongly again, reaching a peak of £4 billion in 2006. For the four years 2008 to 2011, real GVA stayed at around £3.5 billion (in 2012 pounds) but decreased in 2012 to £2.9 billion. The decrease was mainly due to the reduction in GVA for film distribution, caused by the reclassifications of companies within the distribution sector. In real terms, GVA for the film industry as a whole in 2012 was more than twice its value in 1995. Figure 21.6 UK film industry real gross value added, 1995-2012 £ million (2012 pounds) 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 226 – BFI Statistical Yearbook 2014 % change 1995–2012 Film and video production (including post production) 440 952 1,059 721 1,084 1,363 674 718 1,227 1,263 1,233 2,289 1,330 1,489 1,375 1,125 1,532 1,875 326.0 Film and video distribution 768 1,191 892 1,076 964 769 904 970 649 1,029 1,277 1,441 1,096 1,461 1,637 1,791 1,476 425 -44.7 Film exhibition 199 299 369 357 358 330 464 644 739 725 715 476 458 460 503 507 512 570 186.8 Total 1,407 2,442 2,320 2,154 2,407 2,462 2,042 2,331 2,614 3,017 3,225 4,207 2,885 3,410 3,515 3,423 3,519 2,870 103.9 Source: Office for National Statistics Annual Business Inquiry, HM Treasury Notes: The deflator used to calculate real values is the UK whole economy deflator. Values expressed in constant 2012 pounds. 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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