IFPI revealed in its RIN 2013 report that 21 countries experienced growth in their music sales last year. We’ve been crunching the numbers and found several interesting stats. Out of the 21countries, 10 of them are in Latin America and the IFPI highlights that the region has been the fastest growing one for the second consecutive year. As a matter of fact, out of the 11 Latin American territories examined by IFPI, only Ecuador has seen an annual decline in total revenues. All the nations in the Euro (plus the UK) saw a decline in sales last year. Finland, Norway and Sweden (so all of Scandinavia, minus Denmark) experienced growth. In addition to Japan (see yesterday’s bulletin), the only top 10 countries by total market value whose sales grew in 2012 are Australia, Canada and Brazil.
LatAm counties that grew: Argentina, Brazil, Chile, Colombia, Mexico, Paraguay, Peru, Uruguay, Venezuela, and Central America & Caribbean territories (this counts as one as per IFPI).
Others: Canada, Finland, Norway, Poland, Sweden, Turkey, China, India, Japan, Malaysia, Australia.
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