Culture generates €11.8bn for economy

NEW research shows that Irish culture is a big money spinner for the economy, generating €11.8 billion in revenues last year and accounting for 7.6% of total GNP.

The findings were presented to the global economic forum by Minister for Arts, Sport and Tourism, Martin Cullen, at a key session entitled ‘Promoting brand Ireland through our global cultural profile’.

The findings were from consultants DKM, of which Bord Snip head Colm McCarthy was a founder member.