FTI Consulting, WGS launch global report on the creative economy as a driver of growth

FTI Consulting, in partnership with the World Governments Summit, launched on Tuesday a new joint report titled “Creative Futures: The Springboard for Sustained Economic Growth and Diversification.” (Screenshot)

• The report offers governments and public sector leaders a strategic roadmap

DUBAI: FTI Consulting, in partnership with the World Governments Summit, launched on Tuesday a new joint report titled “Creative Futures: The Springboard for Sustained Economic Growth and Diversification.”
The report offers governments and public sector leaders a strategic roadmap for harnessing the creative economy as a driver of national prosperity, innovation and global influence, according to a press release.
It also highlights the size of the global creative economy (approximately $2.25 trillion in 2020), representing 3.1 percent of global GDP and accounting for nearly 6.2 percent of employees worldwide.
The report further reveals that every $1 invested in creative industries generates approximately $2.50 in overall economic output, reflecting extensive spillover benefits across tourism, manufacturing and urban services.
FTI’s senior managing director, Antoine Nasr, said: “This report shows that creativity is not just an asset for culture, it is a cornerstone of national economic strategy.”