Verified Market Size

Film and TV Production · United Kingdom

UK Film and TV Production Turnover Down 7%[3] From Its 2022 Peak

Turnover of UK film, video and TV production businesses fell from a peak of £24.2bn[3] in 2022 to £22.4bn[3] in 2024, not adjusted for inflation, though it remains above the £19.3bn[3] of 2019. The number of businesses kept rising, from 20,610[3] in 2019 to 24,941[3] in 2024.

✓ Official figures, every one sourcedPublished 29 September 2026Source: Office for National StatisticsDownload data (CSV)
Businesses, 2024

24,941[3]

+21.0% since 2019[3]

Turnover, 2024

£22.4bn[3]

+16.1% since 2019[3]

Turnover per business, 2024

£899k[3]

-4.1% since 2019, from £938k[3]

Turnover since the 2022 peak

-7.3%[3]

2022 to 2024

Turnover is not adjusted for inflation. Turnover per business is total turnover divided by the number of businesses.

Turnover and Number of Businesses Since 2019

8090100110120130201920202021202220232024Turnover, 2019: 100.0 (2019 = 100)Turnover, 2020: 83.5 (2019 = 100)Turnover, 2021: 103.6 (2019 = 100)Turnover, 2022: 125.2 (2019 = 100)Turnover, 2023: 123.5 (2019 = 100)Turnover, 2024: 116.1 (2019 = 100)Businesses, 2019: 100.0 (2019 = 100)Businesses, 2020: 102.7 (2019 = 100)Businesses, 2021: 107.5 (2019 = 100)Businesses, 2022: 111.6 (2019 = 100)Businesses, 2023: 117.4 (2019 = 100)Businesses, 2024: 121.0 (2019 = 100)Turnover+16.1%Businesses+21.0%
Turnover Number of businesses · 2019 = 100 · turnover not adjusted for inflation

Source: Office for National Statistics, Annual Business Survey (UK SIC 59.11), 2019 to 2024.Download the data

How to Read These Figures

  • Businesses are enterprises whose main activity is this industry, as counted by the ONS Annual Business Survey. A company with many sites counts once.
  • Turnover is the industry's total sales, including exports and excluding VAT, in cash terms. It is not adjusted for inflation, so part of any rise reflects higher prices.
  • 2019 is the starting point because it is the last year before the pandemic; 2020 would flatter most growth rates.
  • Every number links to the exact table and cell it comes from. Percentage changes and turnover per business are calculated directly from those cited figures.

Sources

  1. Eurostat, Euro/ECU exchange rates - annual data. Retrieved 24 September 2026. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
  2. Eurostat, Enterprises by detailed NACE Rev. 2 activity and special aggregates. Retrieved 24 September 2026. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
  3. ONS, Annual Business Survey: UK non-financial business economy, sections A to S. Retrieved 24 September 2026. Source link. Open Government Licence v3.0, attribution required
  4. ONS, Monthly Business Survey: turnover of services industries. Retrieved 24 September 2026. Source link. Open Government Licence v3.0, attribution required

More Insights