The figure went from 66 in 2007 to 65 in 2023 (down 2%). It peaked at 68.2 in 2014.

Art market sales value worldwide from 2007 to 2023 (billion U.S. dollars)
Year	Market value in billion US dollars
2007	66
2008	62
2009	39.5
2010	57
2011	64.6
2012	56.7
2013	63.3
2014	68.2
2015	63.8
2016	56.9
2017	63.7
2018	67.7
2019	64.4
2020	50.3
2021	65.9
2022	67.8
2023	65

Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian

About this data

The data on this page is global, collected by Namafar for comparison with Iran.

Iranian (Solar Hijri) years run from late March to March: 1404 = March 2025 to March 2026.

Details

Source: UBS; Art Basel; Arts Economics
Year: 1402 (2023/24)
Industry: Visual and performing arts
Published: Nov 6, 2024

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APA

Namafar. (2024, November 6). Art market sales value worldwide from 2007 to 2023 (billion U.S. dollars) [Data set]. Data source: UBS; Art Basel; Arts Economics. Translated from the Persian original: https://namafar.ir/stats/25240. https://namafar.com/en/stats/25240

MLA

"Art market sales value worldwide from 2007 to 2023 (billion U.S. dollars)." Namafar, 6 November 2024, https://namafar.com/en/stats/25240.

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Namafar (2024) Art market sales value worldwide from 2007 to 2023 (billion U.S. dollars) [Data set]. Available at: https://namafar.com/en/stats/25240 (Accessed: 21 October 2026).

Chicago

Namafar. "Art market sales value worldwide from 2007 to 2023 (billion U.S. dollars)." November 6, 2024. https://namafar.com/en/stats/25240.

Vancouver

Namafar. Art market sales value worldwide from 2007 to 2023 (billion U.S. dollars) [Data set] [Internet]. Tehran: Namafar; 2024 [cited 2026 Oct 21]. Available from: https://namafar.com/en/stats/25240