"The study shows impressively the clout of the music industry in Hamburg," said Dr Carsten Brosda, Senator for Culture and Media. "The music industry has long been of utmost importance for Hamburg as a city of culture and also as a pillar of the city's economic success."
The music industry accounted for EUR 1.03 billion in gross value added in the Hamburg region in 2019. That figure corresponds to one sixth of the gross value added of the Port of Hamburg and one and a half times that of the local sports industry. Hamburg's music scene contributes about 20 per cent to the national music industry. It has generated EUR 591 million in revenue and provided over 16,000 jobs directly, indirectly and induced. The study also upheld Hamburg's importance as a music business city.