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ART

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Economics

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Art Markets with the Highest Revenues

This list features the art markets that generate the highest revenues as of 2024.


RANK

MARKET

REVENUE (approx.)

1

United States

$5.0 billion

2

China

$4.9 billion

3

United Kingdom

$1.8 billion

4

France

$875 million

5

Germany

$372 million

6

Italy

$197 million

7

India

$152 million

8

Japan

$144 million

9

Switzerland

$125 million


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References

Art Basel (2023) The Art Market Remains Resilient in 2023, Despite a Slowdown in Sales. Available at: https://www.artbasel.com/stories/the-art-basel-and-ubs-global-art-market-report-2023?lang=en (Accessed: 1 December 2025). Statista (2024) Highest Fine Art and NFT Auction Sales Revenues. Available at: https://www.statista.com/chart/32100/highest-fine-art-and-nft-auction-sales-revenues/ (Accessed: 1 December 2025). Artprice (2024) The Art Market in 2023: The Top Performing Countries. Available at: https://www.artprice.com/artprice-reports/the-art-market-in-2023/the-top-performing-countries (Accessed: 1 December 2025).
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