October 20, 2025

Creative industries — think design, art, media, content, and games — are not just fun, they are big business! Right now, these sectors contribute over 4% to the world’s total economic output, or GDP. Even more exciting, they are growing 15% faster than many other sectors. According to Sberbank, this booming market is now worth a staggering $1.6 trillion! But here’s the masala — BRICS countries, which include Brazil, Russia, India, China, and South Africa, plus five new members, have a golden chance to become top creative hubs in the world. Vladislav Kreinin, Senior Vice President and Marketing Head at Sberbank, said, “The BRICS+ countries can become hubs for the development of creative solutions based on breakthrough technologies, and the Created in BRICS+ label is a new symbol of quality and innovation.” He shared this exciting news at the RICS International Forum in St. Petersburg, highlighting how these creative industries are transforming modern economies everywhere. BRICS was formed back in 2009 because its members felt that big international groups were too controlled by Western powers and were no longer serving developing countries well. Now, with creative industries soaring, BRICS countries have a fresh chance to lead the way in innovation and economic growth. So, keep an eye out — the BRICS creative boom is just getting started!

Read More at Economictimes →

Tags: Creative industries, Brics, Global gdp, Sberbank, Innovation, Economic growth,