The creative industry demonstrates dynamic and sustainable growth in both global and regional markets. Digitalization and the spread of smartphones have significantly changed user behavior and content consumption preferences
Creative Capital Fund
The Potential of the Creative Economy
НAt the global level, the share of the creative economy accounts for between 3% and 6.1% of global GDP, depending on the sectors included and the calculation methodology used
According to UNCTAD’s “Creative Economy Outlook 2024” report, the share of creative services in total service exports has grown from 12% to 19% over the past decade
It is forecasted that the creative economy could reach 10% of global GDP by 2030 if current growth rates are maintained
In Kazakhstan and Central Asia, where our Fund operates, there are many talented creative groups with high investment potential, especially in the film industry.
In 2023, the box office for national films reached a record high, with some films showing a fivefold return on investment
- Average annual box office growth rate is more than 4 times the pre-pandemic level
- The share of nationally produced and co-produced films in total box office receipts has increased 5-fold since 2015, reaching 40% in 2023
Tolqyn Film Fund OEIC Ltd.