Sunday, July 26, 2026
HomescienceThe economic importance of culture

The economic importance of culture

Published on

On October 20, the National Institute of Statistics (INE) introduced the second edition of the Culture Sub-Account, for the 2018-2020 triennium. Sub-accounts are statistical aggregates developed from national accounts and intended to allow a better understanding of a particular field of activity. Statistics, a science that has developed over the past few centuries, has become an important element for shaping and evaluating public policies as well as for the functioning of private entities and for the clarification of citizens. Statistics, as an activity of the state (where the term takes its origin) means decisions, that is, about what is needed, what is sought. The question about the quantification of the field of culture and the presence of systematic data prepared by the national statistical body became effective only in 2015, the year when the first sub-calculation of culture (CSC) was introduced for the period 2010-2012. This was made possible by my initiative, as a member of the Government responsible for culture, in 2013, with the National Institute of Statistics, to include culture in the priority agenda. This was possible because the INE decided to go ahead with the task. At that time, INE was immersed in many very challenging missions. But the team led by Alda Carvalho realized the importance of providing reliable data in this area. A working group was formed for this purpose, which was expressed with culture services in defining parameters and organizing data. I personally followed the process. The first data organized in the form of a sub-account was presented to the public in July 2015, and allowed a first reading of the sector, in terms of qualifications, employability, wages, areas of activity, household consumption and economic weight, in particular.

In the meantime, statistical standards have evolved, specifically within the framework of their harmonization in the European Union. This coordination is necessary to allow the possibility of comparison and understanding of the relative position of each country, and to improve European policies from the perspective of the European Union’s convergence of development, opportunities and resource distribution.

Latest articles

Lionel Messi Reflects on Viral Baby Photos With Lamine Yamal Ahead of Historic World Cup Final

The upcoming FIFA World Cup final between Argentina and Spain will feature more than...

Stephanie White Applauds Caitlin Clark After Historic 45-Point Performance Leads Fever Past Storm

Caitlin Clark delivered one of the most remarkable performances in WNBA history, helping the...

Brandel Chamblee Criticizes Bryson DeChambeau Following Controversial British Open Penalty

The controversy surrounding Bryson DeChambeau at The Open Championship has quickly become one of...

Microsoft Reportedly Preparing New Round of Layoffs Affecting Less Than 2.5% of Workforce

Microsoft is reportedly planning another round of job cuts as major technology companies continue...

More like this

Lionel Messi Reflects on Viral Baby Photos With Lamine Yamal Ahead of Historic World Cup Final

The upcoming FIFA World Cup final between Argentina and Spain will feature more than...

Stephanie White Applauds Caitlin Clark After Historic 45-Point Performance Leads Fever Past Storm

Caitlin Clark delivered one of the most remarkable performances in WNBA history, helping the...

Brandel Chamblee Criticizes Bryson DeChambeau Following Controversial British Open Penalty

The controversy surrounding Bryson DeChambeau at The Open Championship has quickly become one of...