Russia Aims to Boost Creative Industries' Share of GDP to 7.7% by 2036
Government approves development strategy to grow the creative economy and increase companies by 22%.
Quick Look
Russia's government approved a development strategy aiming to increase the creative industries' contribution to GDP from 4.2% to 7.7% by 2036, while expanding sector companies by 22%.
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Why It Matters
The Russian government approved a sector development strategy for creative industries.
MOSCOW, September 14. /TASS/. The contribution of creative industries to Russia's GDP should rise from the current 4.2% to 7.7% by 2036, according to the sector development strategy approved by the Russian government.
"Increasing the share of the creative economy in total GDP from 4.2% in 2025 to 7.7% by 2036," the cabinet said, listing the strategy's targets.
The government also plans "to increase the number of companies and individual entrepreneurs operating in the creative economy by 22% compared with 2025," the statement said.
More than 4 mln people currently work in the sector, Russian Prime Minister Mikhail Mishustin said at a meeting with his deputies.
"This approach helps promote local brands more actively by offering consumers unique goods or services, for example, in event tourism," the prime minister said. "At the same time, combining traditional and digital formats, as well as artificial intelligence, virtual reality and augmented reality technologies, is increasingly becoming a key component of successful projects," he added.
"All these innovations help reduce costs and boost labor productivity," Mishustin concluded.
What to Watch
AI outlook — possibilities, not facts
Increase the share of the creative economy in total GDP to 7.7% by 2036
Possible · Within months
Open Questions
- What specific legislative or financial measures will be used to achieve the GDP target?
