MANILA, March 23 (Xinhua) -- The Philippines' creative economy in 2022 amounted to 1.60 trillion pesos (roughly 29.5 billion U.S. dollars), contributing 7.3 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said on Thursday.
This represents an increase of 12.1 percent over the previous year, the agency said.
Of the creative industries, the PSA said symbols and images and other related activities had the highest share of 32.9 percent to the total creative economy in 2022.
Advertising, research and development, and other artistic service activities contributed 20.8 percent, while digital interactive goods and service activities shared 20.3 percent, according to the PSA.
In 2022, there were 6.98 million Filipinos employed in creative industries, increasing by 10.5 percent over the previous year, the agency said.
It added employment in traditional cultural expression activities recorded the highest share of 42.5 percent, followed by symbols and images and other related activities at 24.8 percent and advertising, research and development, and other artistic service activities at 18 percent. ■
