V&A Dundee has £75m economic impact in first year

V&A Dundee on Tuesday reveled independent research showing the museum had a £75 million economic impact across Scotland in its first year.

The study found that visitors in the first 12 months were worth £21 million to the Dundee economy and £75 million to the Scottish economy.

This exceeds earlier predictions of £10 million in Dundee and £23 million across Scotland.

V&A Dundee said two things boosted these figures — an increase in visitor numbers to 833,015 compared to an expected 500,000, and a higher proportion of overseas visitors on longer trips around Scotland.

An estimated 370 jobs have been created in Dundee by the museum’s opening.

Tourism in Dundee is now worth over £10 million a month to the city, according to research commissioned by Dundee City Council.

The first six months of 2019 saw a 19.4% boost to visitor numbers.

V&A Dundee was developed with support from the Scottish Government, The National Lottery Heritage Fund, Dundee City Council, the UK Government, Creative Scotland, Scottish Enterprise, University of Dundee, Abertay University and many trusts, companies and private donors.