List of largest recorded music markets

The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by each market varies from year to year. As all financial data is given in US dollars, annual rates of change for all countries other than the United States are heavily influenced by exchange rate fluctuations, as well as by actual changes in revenue in local currency terms.

1

Top 10 largest recorded music markets as of 2023

The information presented in this page only accounts for revenue generated from the recorded music industry (recorded music and auxiliary revenues generated by these recordings), and is not reflective of the entirety of the music industry, including sectors such as publishing, live music, etc.

The United States has remained the biggest market for recorded music in IFPI history, except in 2010 when Japan topped the list. The largest Asian music market, Japan has always^[vague] stayed within the top two. The other largest music markets by region include the United Kingdom in Europe, Australia in Oceania, and Brazil in South America. Meanwhile, United States, Japan, United Kingdom, Germany, France, and Canada have consistently appeared among the top ten music markets throughout IFPI history. Other countries historically having appeared in the top ten include Italy, Netherlands, South Korea, Spain, China, Russia, and Mexico.

IFPI annual data

2023

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	Streaming	Physical	Digital	Performance rights	Synchronization
1	United States	n/a	n/a	n/a	n/a	n/a	n/a
2	Japan	n/a	n/a	n/a	n/a	n/a	n/a
3	United Kingdom	2.87^[1]	$2,415.32	$402	n/a	n/a	n/a
4	Germany	n/a	n/a	n/a	n/a	n/a	n/a
5	China	n/a	n/a	n/a	n/a	n/a	n/a
6	France	n/a	n/a	n/a	n/a	n/a	n/a
7	South Korea	n/a	n/a	n/a	n/a	n/a	n/a
8	Canada	n/a	n/a	n/a	n/a	n/a	n/a
9	Brazil	n/a	n/a	n/a	n/a	n/a	n/a
10	Australia	n/a	n/a	n/a	n/a	n/a	n/a
	Global total	28,600	19,300	5,100	900	2,700	600

Source: Figures within the table are based on IFPI Global Music Report 2024.^[2]

2022

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	Streaming	Physical	Digital	Performance rights	Synchronization
1	United States	n/a	84%^[3]	11%^[4]	n/a	n/a	n/a
2	Japan	2,400.0^[5]	n/a	66%^[6]	n/a	n/a	n/a
3	United Kingdom	1,638.0^[7]	86.1%^[8]	n/a	n/a	n/a	n/a
4	Germany	n/a	n/a	n/a	n/a	n/a	n/a
5	China	n/a	n/a	n/a	n/a	n/a	n/a
6	France	n/a	n/a	n/a	n/a	n/a	n/a
7	South Korea	n/a	n/a	n/a	n/a	n/a	n/a
8	Canada	n/a	n/a	n/a	n/a	n/a	n/a
9	Brazil	n/a	n/a	n/a	n/a	n/a	n/a
10	Australia	n/a	n/a	n/a	n/a	n/a	n/a
	Global total	26,200	17,500	4,600	900	2,500	600

Source: Figures within the table are based on IFPI Global Music Report 2023.^[9]

2021

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	Streaming	Physical	Digital	Performance rights	Synchronization
1	United States	n/a	n/a	n/a	n/a	n/a	n/a
2	Japan	n/a	n/a	n/a	n/a	n/a	n/a
3	United Kingdom	n/a	n/a	n/a	n/a	n/a	n/a
4	Germany	n/a	n/a	n/a	n/a	n/a	n/a
5	France	n/a	n/a	n/a	n/a	n/a	n/a
6	China	n/a	n/a	n/a	n/a	n/a	n/a
7	South Korea	n/a	n/a	n/a	n/a	n/a	n/a
8	Canada	n/a	n/a	n/a	n/a	n/a	n/a
9	Australia	n/a	n/a	n/a	n/a	n/a	n/a
10	Italy	n/a	n/a	n/a	n/a	n/a	n/a
	Global total	25,900	16,900	5,000	1,100	2,400	500

Source: Figures within the table are based on IFPI Global Music Report 2022.^[10]

2020

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	Streaming	Physical	Digital	Performance rights	Synchronization
1	United States	n/a	n/a	n/a	n/a	n/a	n/a
2	Japan	n/a	n/a	n/a	n/a	n/a	n/a
3	United Kingdom	n/a	n/a	n/a	n/a	n/a	n/a
4	Germany	n/a	n/a	n/a	n/a	n/a	n/a
5	France	n/a	n/a	n/a	n/a	n/a	n/a
6	South Korea	n/a	n/a	n/a	n/a	n/a	n/a
7	China	n/a	n/a	n/a	n/a	n/a	n/a
8	Canada	n/a	n/a	n/a	n/a	n/a	n/a
9	Australia	n/a	n/a	n/a	n/a	n/a	n/a
10	Netherlands	n/a	n/a	n/a	n/a	n/a	n/a
	Global total	21,600	13,400	4,200	1,200	2,300	400

Source: Figures within the table are based on IFPI Global Music Report 2021.^[11]

2019

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	Streaming	Physical	Digital	Performance rights	Synchronization
1	United States	n/a	n/a	n/a	n/a	n/a	n/a
2	Japan	n/a	n/a	n/a	n/a	n/a	n/a
3	United Kingdom	n/a	n/a	n/a	n/a	n/a	n/a
4	Germany	n/a	n/a	n/a	n/a	n/a	n/a
5	France	n/a	n/a	n/a	n/a	n/a	n/a
6	South Korea	n/a	n/a	n/a	n/a	n/a	n/a
7	China	n/a	n/a	n/a	n/a	n/a	n/a
8	Canada	n/a	n/a	n/a	n/a	n/a	n/a
9	Australia	n/a	n/a	n/a	n/a	n/a	n/a
10	Brazil	n/a	n/a	n/a	n/a	n/a	n/a
	Global total	20,200	11,400	4,400	1,500	2,600	500

Source: Figures within the table are based on IFPI Global music report 2020.^[12]^[13]

2018

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	Streaming	Physical	Digital	Performance rights	Synchronization
1	United States	n/a	n/a	n/a	n/a	n/a	n/a
2	Japan	n/a	n/a	n/a	n/a	n/a	n/a
3	United Kingdom	n/a	n/a	n/a	n/a	n/a	n/a
4	Germany	n/a	n/a	n/a	n/a	n/a	n/a
5	France	n/a	n/a	n/a	n/a	n/a	n/a
6	South Korea	n/a	n/a	n/a	n/a	n/a	n/a
7	China	n/a	n/a	n/a	n/a	n/a	n/a
8	Australia	n/a	n/a	n/a	n/a	n/a	n/a
9	Canada	n/a	n/a	n/a	n/a	n/a	n/a
10	Brazil	n/a	n/a	n/a	n/a	n/a	n/a
	Global total	19,100	8,900	4,700	2,300	2,700	400

Source: Figures within the table are based on IFPI Global music report 2019.^[14]

2017

Music markets, with total retail value, and format share (physical/digital)
Rank	Market	Retail value US$ (millions)	Physical	Digital	Performance rights	Synchronization
1	United States	5,916.1	15%	75%	7%	3%
2	Japan	2,727.5	72%	21%	5%	1%
3	Germany	1,323.1	43%	36%	20%	1%
4	United Kingdom	1,310.7	30%	50%	18%	2%
5	France	925.1	36%	34%	27%	3%
6	South Korea	494.4	37%	59%	4%	0%
7	Canada	437.2	21%	65%	14%	1%
8	Australia	412.9	19%	68%	11%	2%
9	Brazil	295.8	5%	60%	34%	0%
10	China	292.3	3%	90%	7%	0%
	Global total	17,270	n/a	n/a	n/a	n/a

Source: Figures within the table are based on IFPI Global music report 2018.^[15]

2016

Music markets, with total retail value, and format share (physical/digital)
Rank	Market	Retail value US$ (millions)	Physical	Digital	Performance rights	Synchronization
1	United States	5,318.2	18%	70%	8%	4%
2	Japan	2,745.9	73%	20%	6%	1%
3	United Kingdom	1,251.1	32%	47%	19%	2%
4	Germany	1,212.0	52%	32%	16%	1%
5	France	849.5	38%	30%	29%	3%
6	Canada	367.9	27%	63%	9%	0%
7	Australia	357.2	23%	64%	11%	2%
8	South Korea	330.1	35%	59%	5%	0%
9	Italy	263.7	41%	34%	22%	3%
10	Netherlands	243.3	28%	43%	29%	1%
	Global total	15,700	n/a	n/a	n/a	n/a

Source: Figures within the table are based on IFPI Grobal music report 2017.^[16]

2015

Music markets, with total retail value, and format share (physical/digital)
Rank	Market	Retail value US$ (millions)	% Change	Physical	Digital	Performance rights	Synchronization
1	United States	4,997.3	1.0%	23%	66%	7%	4%
2	Japan	2,446.7	3.0%	75%	18%	6%	1%
3	United Kingdom	1,354.0	0.6%	35%	44%	19%	2%
4	Germany	1,309.9	–0.3%	60%	25%	14%	1%
5	France	809.1	–2.2%	42%	25%	29%	4%
6	Australia	342.8	6.1%	29%	57%	12%	2%
7	Canada	335.8	8.3%	35%	52%	11%	2%
8	South Korea	281.3	12.4%	31%	62%	7%	0%
9	Italy	265.5	25.1%	44%	31%	22%	3%
10	Brazil	247.0	–1.8%	25%	38%	37%	0%
	Global total	14,800	n/a	n/a	n/a	n/a	n/a

Source: Figures within the table are based on IFPI Grobal music report 2016.^[17]

2014

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	% Change	Physical	Digital	Performance rights	Synchronization
1	United States	4,898.3	2.1%	26%	71%	0%	4%
2	Japan	2,627.9	–5.5%	78%	17%	3%	1%
3	Germany	1,404.8	1.9%	70%	22%	7%	1%
4	United Kingdom	1,334.6	–2.8%	41%	45%	12%	2%
5	France	842.8	–3.4%	57%	27%	13%	3%
6	Australia	376.1	–6.8%	32%	56%	9%	2%
7	Canada	342.5	–11.3%	38%	53%	6%	2%
8	South Korea	265.8	19.2%	38%	58%	3%	1%
9	Brazil	246.5	2.0%	41%	37%	21%	1%
10	Italy	235.2	–4.1%	51%	33%	13%	3%
	Global total	14,966	-0.4%	46%	46%	6%	2%

Source: Figures within the table are based on IFPI 2014 annual report.^[18]

2013

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	% Change	Physical	Digital	Performance rights	Synchronization
1	United States	4,473.5	0.8%	30%	60%	6%	4%
2	Japan	3,012.0	–16.7%	80%	16%	3%	1%
3	Germany	1,365.1	1.1%	73%	21%	6%	1%
4	United Kingdom	1,303.5	2.2%	44%	44%	10%	1%
5	France	956.2	1.3%	64%	23%	12%	2%
6	Australia	430.8	–8.4%	37%	54%	7%	2%
7	Canada	424.1	–2.5%	41%	50%	7%	2%
8	Italy	238.8	8.3%	56%	27%	15%	3%
9	Brazil	227.9	–1.7%	54%	34%	12%	1%
10	South Korea	211.3	9.7%	46%	51%	2%	0%
	Global total	15,029.5	-3.9%	51%	39%	7%	2%

Source: Figures within the table are based on IFPI 2013 annual report.^[19]

2012

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	% Change	Physical	Digital	Performance rights	Synchronization
1	United States	4,481.8	–0.5%	34%	58%	4%	4%
2	Japan	4,422.0	4%	80%	17%	2%	1%
3	United Kingdom	1,325.8	–6.1%	49%	39%	10%	2%
4	Germany	1,297.9	–4.6%	75%	19%	5%	1%
5	France	907.6	–2.9%	64%	23%	11%	2%
6	Australia	507.4	6.8%	45%	47%	6%	2%
7	Canada	453.5	5.8%	48%	43%	7%	2%
8	Brazil	257.2	8.9%	62%	27%	9%	2%
9	Italy	217.5	–1.8%	62%	27%	9%	2%
10	Netherlands	216.3	–4.7%	58%	27%	14%	1%
	Global total	16,480.6	0.2%	57%	35%	6%	2%

Source: Figures within the table are based on IFPI 2012 annual report.^[20]

2011

Music markets, with total retail value, and format share (physical/digital/streaming)
Rank	Market	Retail value US$ (millions)	% Change	Physical	Digital	Performance rights	Synchronization
1	United States	4,372.9	–0.1%	42%	51%	3%	4%
2	Japan	4,087.7	–7.0%	75%	22%	2%	1%
3	Germany	1,473.7	–0.2%	78%	15%	6%	1%
4	United Kingdom	1,433.7	–3.1%	58%	32%	8%	2%
5	France	1,002.2	–3.7%	71%	19%	8%	2%
6	Australia	475.2	5.7%	55%	38%	5%	2%
7	Canada	434.0	2.6%	54%	38%	4%	4%
8	Netherlands	240.2	–12.1%	71%	14%	15%	0%
9	Italy	239.9	–6.4%	68%	20%	9%	3%
10	Brazil	262.6	8.6%	74%	17%	8%	1%
	Global total	16,645.9	-3.0%	61%	31%	6%	2%

Source: Figures within the table are based on IFPI 2011 annual report.^[20]

2010

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	Albums (millions)	DVDs (millions)	VHS cassettes (millions)	Total units (millions)	Retail value US$ (millions)	Population (millions)
1	Japan	44.5	114.5	17.5		176.5	4,096.9	126.8
2	United States	1.5	225.8	8.7	0.4	236.4	3,635.2	310.2
3	Germany	6.8	98.7	8.7		114.2	1,713.6	82.3
4	United Kingdom	2.4	99.8	3.5		105.7	1,388.1	62.3
5	France	1.6	48.4	3.3		53.3	999.6	64.8
6	Australia	0.0	24.5	2.6	0.0	27.1	408	21.5
7	Canada	0.2	25.9	2.7		28.8	343.2	33.7
8	Italy	0.1	16	0.6		16.7	275.4	58.1
9	Netherlands	0.5	16.7	2		21.3	270.2	16.8
10	Brazil	0.0	20.7	7.3		28	258.7	201.1
	Global total	66.4	933.2	78.1	0.5	1,078.2	16,146.8

Source: Figures within the table are based on IFPI 2010 annual report.^[21] Total units figures are derived by addition of figures reported by referenced sources.

2009

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	Albums (millions)	DVDs (millions)	VHS cassettes (millions)	Total units (millions)	Retail value US$ (millions)	Population (millions)
aaa	0	0	0	0	0	0	0
1	United States	1.2	292.8	11.5	0.6	306	4,562	307.2
2	Japan	43.6	125	19	0.01	187.6	4,244.5	127.1
3	Germany	4.7	103.3	8.9		116.9	1,945.8	82.3
4	United Kingdom	4.2	119.4	5.0		128.6	1,730.5	61.1
5	France	2.8	51	3.4		57.2	1,157.5	64.1
6	Australia	0.6	29.4	4	0.002	34	456.2	22
7	Canada		30.8	2.3		33.1	401.6	33.5
8	Netherlands	0.7	17.8	2.8		21.3	340.6	16.6
9	Italy	0.6	16.6	0.7	0.01	17.9	293.8	58.1
10	Spain	0.02	15.2	4	0.01	19.2	266.8	46.7
	Global total	60.9	1074.9	92.6	0.6	1,229	18,606.2

Source: Figures within the table are based on IFPI 2009 annual report.^[22] Total units figures are derived by addition of figures reported by referenced sources.

2008

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	Albums (millions)	DVDs (millions)	VHS cassettes (millions)	Total units (millions)	Retail value US$ (millions)	Population (millions)
1	United States	1.2	384.7	12.3	0.5	398	5,977.4	303.8
2	Japan	48.3	165.4	17.1	0.04	230.8	5,171.1	127.3
3	Germany	7.5	107.1	7.4		122	2,370	82.4
4	United Kingdom	6.6	131.2	4.5		142.3	2,274.9	60.9
5	France	4.7	53.8	3.2		61.7	1,342.5	64.1
6	Australia	1.4	30.2	3.9	0.04	35.5	555.3	21
7	Canada	0.09	35	3.1		38.2	530	33.2
8	Italy	0.3	20.6	0.6	0.07	21.57	427	58.1
9	Russia		70.1			70.1	395.2	140.7
10	Spain	0.07	19.8	1.3	0.09	21.26	374.3	45.2
	Global total	N/A	N/A	N/A	N/A	N/A	23,490.0

Source: Figures within the table are based on IFPI 2008 annual report, except where noted below.^[23] Total units figures are derived by addition of figures reported by referenced sources.

Notes^

^{^} Ireland's population figure is based on the CIA's 2010 estimation due to the missing information on the IFPI 2008 report.^[24]
^{^} Iceland's population figure is based on the CIA's 2010 estimation due to the missing information on the IFPI 2008 report.^[25]

2007

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	Albums (millions)	DVDs (millions)	VHS cassettes (millions)	Total units (millions)	Retail value US$ (millions)	Population (millions)
1	United States	3.3	511.1	26.6	0.9	542	7,985.6	303.8
2	Japan	57.6	176.5	17.1	0.2	251.4	4,174.5	127.3
3	United Kingdom	11.3	139	5.2		155.5	2,696.4	60.9
4	Germany	10.6	113.3	9.1		133	2,142.2	82.4
5	France	7.9	62.6	4.9		79.95	1,471	64.1
6	Australia	2.6	33.8	4.5	0.001	40.9	564.8	20.6
7	Canada	0.09	40.8	3.3	0.03	44.2	561.8	33.2
8	Italy	0.4	25.5	1.1	0.001	27	493.3	58.1
9	Russia	0.05	75			75	418.8	140.7
10	Netherlands	1	18.8	3		22.8	385	16.6
	Global total	N/A	N/A	N/A	N/A	N/A	25,258.4

Source: Figures within the table are based on IFPI 2007 annual report, except where noted below.^[26] Total units figures are derived by addition of figures reported by referenced sources.

Notes^

^{^} Croatia's, Venezuela's, Bulgaria's, Iceland's, Uruguay's, Ecuador's and Peru's population figures are based on IFPI 2008 annual report due to the missing information on the IFPI 2007 report.^[23]

2006

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	Albums (millions)	DVDs (millions)	VHS cassettes (millions)	Total units (millions)	Retail value US$ (millions)	Population (millions)
1	United States	2.9	614.9	22.2	0.9	640.9	9,651.4	301.1
2	Japan	63.2	197.5	18.7	0.2	279.6	4,495.2	127.4
3	United Kingdom	19	164.4	7.3		190.7	3,051.1	60.8
4	Germany	15.9	114.4	10.2	0.08	140.5	2,029.1	82.4
5	France	18.3	75.7	5.7	0.002	99.7	1,661.7	63.7
6	Canada	0.2	49.1	3.9		53.2	667.8	33.4
7	Australia	4.6	38.1	4.1		46.8	583.6	20.4
8	Italy	0.7	28.8	1.7		31.2	556.9	58.1
9	Spain	0.8	25.9	2.4	0.1	29.2	464.8	44.4
10	Russia	0.06	72.1			72.1	405	141.4
	Global total	N/A	N/A	N/A	N/A	N/A	28,121.0

Source: Figures within the table are based on IFPI 2006 annual report, except where noted below.^[27] Total units figures are derived by addition of figures reported by referenced sources.

Notes^

^{^} Venezuela's, Central America's population figures are based on the IFPI 2004 report due to not having the information on IFPI 2006 report.^[28]
^{^} Slovakia's population figure is based on the CIA's 2010 estimation due to not having the information on the IFPI 2008 report.^[29]
^{^} Uruguay's, Ecuador's and Peru's population figures are based on IFPI 2008 report due to not having the information on IFPI 2006 report.^[23]

2005

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	Albums (millions)	DVDs (millions)	VHS cassettes (millions)	Total units (millions)	Retail value US$ (millions)	Population (millions)
1	United States	5	705.4	27.8	6	744.2	11,195	295.7
2	Japan	63.3	211.8	20.1	0.2	295.4	4,883.5	127.4
3	United Kingdom	26.8	172.6	8.3		207.7	3,330.4	60.4
4	Germany	17.8	114.7	9.6	0.7	142.8	2,146.4	82.4
5	France	25.4	96.2	14.7	0.09	136.39	1,940.3	60.7
6	Canada	0.3	52.5	4.2	0.05	56.7	708.3	32.8
7	Italy	1	31.6	1.8		34.4	639.8	58.4
8	Australia	7.8	42	3.8	0.002	53.6	637.7	20.1
9	Spain	1.7	31.1	3.2	0.2	36.2	547.1	40.4
10	Netherlands	2	20.4	4.6	0.001	27	423.1	16.4
	Global total	162.0	1,974.9	142.8	7.5	2,287.2	31,595.2

Source: Figures within the table are based on IFPI 2005 annual report, except where noted below.^[30] Total units figures are derived by addition of figures reported by referenced sources.

Notes^

^{^} Ukraine's, Colombia's, Venezuela's, Central America's population figures are based on IFPI 2004 annual report due to the missing information on the IFPI 2005 report.^[28]
^{^} Slovakia's population figure is based on the CIA's 2010 estimation due to not having the information on the IFPI 2005 report.^[29]
^{^} Paraguay's population figure is based on the CIA's 2010 estimation due to not having the information on the IFPI 2005 report.^[31]
^{^} Uruguay's, Ecuador's population figures are based on IFPI 2008 annual report due to the missing information on the IFPI 2005 report.^[23]
^{^} Egypt's population figure is based on the CIA's 2010 estimation due to not having the information on the IFPI 2005 report.^[32]

2004

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	Albums (millions)	DVDs (millions)	Total units (millions)	Retail value US$ (millions)	Population (millions)
1	United States	6.6	767	29	809.7^[l]	12,153.4	297
2	Japan	81.3	201.3	20.3	255.6^[m]	5,167.8	127.8
3	United Kingdom	31.4	174.6	7.7	194.1^[m]	3,508.7	59.4
4	Germany	23.5	146.6	11.5	181.3^[m]	2,149	82.5
5	France	24.3	106.4	9	126.6^[m]	1,979.3	60.4
6	Australia	9.6	39.5	4.5	47.6^[m]	716.7	19.9
7	Canada	0.5	54.8	4.8	60.2^[l]	693.8	31.7
8	Italy	1.4	33.1	2	37.8^[l]	652.5	57.3
9	Spain	1.3	34	3.5	38.4^[m]	572.8	41.1
10	Netherlands	2.7	23.2	5.3	29.9^[m]	507.7	16.2
	Global total	197.8	2,114.2	197.7	2,755.7	33,613.6	4,948.1

Source: Figures within the table are based on IFPI 2004 annual report, except where noted below.^[28] Total units figures are derived by addition of figures reported by referenced sources.

Notes^

^{^} Note that the figures in the column of Total units for some markets may be higher than what the combined total from the columns of Singles, CDs, DVD might represent. This is due to the missing sales of Digital Downloads, Cassette Albums and VHS Cassettes which are not included on IFPI 2004 report provided by RIAJ.
^{^} Note that the figures posted in the column of Total units for some markets may be lower than what the combined total from the columns of Singles, CDs, DVDs might represent. This is because the columns of Singles, CDs, DVDs represent shipped units, whereas the column of Total units represent sold units.

2003

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	LPs (millions)	Cassettes (millions)	CDs (millions)	DVDs (millions)	VHSs (millions)	Retail value US$ (millions)	Population (millions)
1	United States	12.1	1.5	17.2	746	17.5	1.6	11,847.9	294
2	Japan	86.5	1.4	4	205.8	18.2	1.1	4,909.7	127.7
3	United Kingdom	36.4	2	0.9	233.9	6.4	0.6	3,215.7	59.3
4	France	30.9	1.4	2.5	117.9	6.9	0.5	2,114.7	60.1
5	Germany	26.8	1.1	15.5	146.8	9.0	1.9	2,022.1	82.5
6	Canada	0.9	–	0.4	53.1	4.0	0.8	676	31.5
7	Australia	10	0.05	0.4	52.9	5.1	0.1	673.8	19.7
8	Italy	2.8	0.03	1.3	36.2	1.3	0.05	644.6	57.4
9	Spain	3.8	0.01	1	53.9	1.5	0.008	595.9	41.1
10	Netherlands	3.2	0.2	0.07	24.6	4.8	0.2	498.8	16.1
	Global total	232.5	7.3	427.2	2,111.6	105.7	9.4	32,012.2	4,882.7

Source: Figures within the table are based on IFPI 2004 annual report, except where noted below.^[33] Total units figures are derived by addition of figures reported by referenced sources.

2002

Music markets, with total units sold in various categories, total retail value, and population of market region
Rank	Market	Singles (millions)	LPs (millions)	Cassettes (millions)	CDs (millions)	Retail value US$ (millions)	Population (millions)
1	United States	8.4	1.7	32.4	803.3	12,325.7	285,9
2	Japan	77.1	2.2	4.6	228.9	4,593.3	127.2
3	United Kingdom	52.5	2.2	1.9	221.6	2,859.4	5
4	France	40.5	0.5	5	130.4	1,989.7	59.4
5	Germany	39.2	1	21.8	178.2	1,988.0	82
6	Canada	0.6	–	1.1	57	587.9	30.7
7	Italy	3.6	0.1	4	44.7	554.7	57.5
8	Spain	2.2	0.01	2.4	61.7	542.3	39.9
9	Australia	11.9	0.03	0.6	49.2	499.9	19.3
10	Mexico	0.6	0.02	2.9	51.1	445.5	100.3
	Global total	265.3	8.5	487	2,253.4	30,980.9	4,771,3

Source: Figures within the table are based on IFPI 2004 annual report, except where noted below.^[34] Total units figures are derived by addition of figures reported by referenced sources.

1998

Music markets, with total units sold in various categories, and total retail value
Rank	Market	Singles (millions)	Cassettes (millions)	CDs (millions)	Retail value US$ (millions)
1	United States				13,193.4
2	Japan				6,521.0
3	United Kingdom		32.2	175.7	2.855.6
4	Germany				2.832.5
5	France				2.134.8
6	Brazil				1.055.7
7	Canada		11.2		969.3
8	Spain				680.8
9	Australia				606.7
10	Italy				597.7
	Global total	458.8	1,300	2,400	38,700

Source: Figures within the table are based on the IFPI annual report and reported by Billboard.^[35]

1997

Music markets, with total units sold in various categories, and total retail value
Rank	Market	Retail value US$ (millions)
1	United States	11,906.0
2	Japan	6,261.7
3	Germany	2,836.8
4	United Kingdom	2,729.7
5	France	2,199.5
6	Brazil	1,199.1
7	Canada	977.5
8	Australia	739.1
9	Netherlands	600.1
10	Spain	599.9
	Global total	30,049.3

Source: Figures within the table are based on the IFPI annual report and reported by Billboard.^[36]

1996

Music markets, with total units sold in various categories, and total retail value
Rank	Market	Singles (millions)	Cassettes (millions)	CDs (millions)	Retail value US$ (millions)
1	United States				12,300
2	Japan				6,800
3	Germany				3,200
4	United Kingdom				2,700
5	France				2,300
6	Brazil				1,400
7	Canada				912
8	Australia				815
9	Netherlands				660
10	Italy				637
	Global total	461	1,400	2,100	39,800

Source: Figures within the table are based on the IFPI annual report and reported by Billboard.^[37]

1991

Global total units sold in various categories, and total retail value
Market	Singles (millions)	LPs (millions)	Cassettes (millions)	CDs (millions)	Retail value US$ (millions)
Global total	320	150	1,100	1,000	25,400

Source: Figures within the table are based on the IFPI annual report and reported by Billboard.^[38]

Statistics

Major music markets in history

List of countries by top 10 appearances (1996–2023)
Country	Geographical region	Top 10 appearances (number of years)	Latest year in the top 10	Highest rank
United States	USA & Canada	25	2023	1
Japan	Asia	25	2023	1
United Kingdom	Europe	25	2023	3
Germany	Europe	25	2023	3
France	Europe	25	2023	4
Canada	USA & Canada	25	2023	6
Australia	Australasia	25	2023	6
Italy	Europe	18	2021	7
Brazil	Latin America	14	2023	6
Netherlands	Europe	12	2020	8
South Korea	Asia	11	2023	6
Spain	Europe	9	2009	8
China	Asia	7	2023	5
Russia	Europe	3	2008	9
Mexico	Latin America	1	2002	10

References

^ "UK music retail brought in £2.2 billion in 2023 says ERA". January 2024. Retrieved 18 August 2024. £2.2 is 2.87 billion dollars
^ IFPI Global Music Report 2024 (PDF) (Report). London: International Federation of Phonographic Industry.
^ "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.
^ "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.
^ "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.
^ "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.
^ "UK recorded music revenues rise for an eighth successive year in 2022". British Phonographic Industry (BPI). 9 March 2023. Retrieved 18 February 2024. £1.3 billion pounds equates to around US$1.6 dollars
^ "The New Music Democracy - BPI" (PDF). BPI. 2023. Retrieved 18 February 2024.
^ "IFPI Global Music Report 2023" (PDF). p. 10. Archived (PDF) from the original on 25 March 2023. Retrieved 19 April 2023.
^ "IFPI Global Music Report 2022" (PDF). Archived from the original (PDF) on 23 March 2022.
^ "IFPI Global Music Report 2021" (PDF). www.ifpi.org. Archived from the original (PDF) on 23 March 2021. Retrieved 11 January 2022.
^ https://www.ifpi.org/wp-content/uploads/2020/07/Global_Music_Report-the_Industry_in_2019-en.pdf ^{[bare URL PDF]}
^ "IFPI Global Music Report 2020: Music Revenues Rise for Fifth Straight Year to $20 Billion". Billboard.
^ https://www.cudisco.org/pdf/GLOBAL-MUSIC%20REPORT-2019.pdf ^{[bare URL PDF]}
^ "RIAJ Yearbook 2018: IFPI Global Music Report 2018 (Page 4)". Recording Industry Association of Japan. Archived from the original on 18 June 2018. Retrieved 18 June 2017.
^ "RIAJ Yearbook 2017: IFPI Global Music Report 2017 (Page 5)". Recording Industry Association of Japan. Archived from the original on 8 August 2017. Retrieved 21 July 2017.
^ "RIAJ Yearbook 2016: IFPI Global Music Report 2016 (Page 5)". Recording Industry Association of Japan. Archived from the original on 24 July 2017. Retrieved 21 July 2017.
^ "RIAJ Yearbook 2015: IFPI 2013, 2014. Global Sales of Recorded Music (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ "RIAJ Yearbook 2014: IFPI 2012, 2013 Report: 28. Global Sales of Recorded Music (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ ^a ^b "RIAJ Yearbook 2013: IFPI 2011, 2012 Report: 29. Global Sales of Recorded Music (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ "RIAJ: Yearbook 2012, IFPI 2010 Report: 31. Global Sales of Recorded Music by Country in 2010 (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ "RIAJ: Yearbook 2011, IFPI 2009 Report: 33. Global Sales of Recorded Music by Country in 2009 (Page 23)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ ^a ^b ^c ^d "RIAJ: Yearbook 2010, IFPI 2008 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ "CIA: The World Factbook: Ireland". Central Intelligence Agency. Retrieved 7 November 2010.
^ "CIA: The World Factbook: Iceland". Central Intelligence Agency. Retrieved 7 November 2010.
^ "RIAJ: Yearbook 2009, IFPI 2007 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ "RIAJ: Yearbook 2008, IFPI 2006 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.
^ ^a ^b ^c "RIAJ: Yearbook 2006, IFPI 2004 Report (Page 23)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 13 September 2017. Retrieved 29 November 2015.
^ ^a ^b "CIA: The World Factbook: Slovakia". Central Intelligence Agency. Retrieved 7 November 2010.
^ "RIAJ: Yearbook 2007, IFPI 2005 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 13 September 2017. Retrieved 29 November 2015.
^ "CIA: The World Factbook: Paraguay". Central Intelligence Agency. Retrieved 26 February 2011.
^ "CIA: The World Factbook: Egypt". Central Intelligence Agency. Retrieved 26 February 2011.
^ "RIAJ: Yearbook 2005, IFPI 2003 Report (Page 22)" (PDF). Recording Industry Association of Japan. Retrieved 21 June 2021.
^ "RIAJ: Yearbook 2004, IFPI 2002 Report (Page 23)" (PDF). Recording Industry Association of Japan. Retrieved 21 June 2021.
^ Legrand, Emmanuel; White, Adam; LeBlanc, Larry; Lannert, John (8 May 1999). "U.S., U.K. shine in '98 IFPI stats". Billboard. Vol. 111, no. 19. pp. 1, 72 – via Google Books.
^ Clark-Meads, Jeff (9 May 1998). "Domestic Push Seen as a Cure for '97's Flat Global Sales". Billboard. Vol. 110, no. 19. pp. 1, 87 – via Google Books.
^ White, Adam (10 May 1997). "IFPI Stats Show Top 10 Markets Were Flat in '96". Billboard. Vol. 109, no. 19. pp. 1, 74 – via Google Books.
^ Clark-Meads, Jeff (24 October 1992). "World Music Sales Up 5.5% in '91, But New Markets Falter, IFPI Says". Billboard. Vol. 104, no. 43. pp. 8, 87 – via Google Books.

[1] "UK music retail brought in £2.2 billion in 2023 says ERA". January 2024. Retrieved 18 August 2024. £2.2 is 2.87 billion dollars

[2] IFPI Global Music Report 2024 (PDF) (Report). London: International Federation of Phonographic Industry.

[3] "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.

[4] "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.

[5] "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.

[6] "JAPAN MUSIC MARKET". trade.gov. 2023. Retrieved 18 February 2024.

[7] "UK recorded music revenues rise for an eighth successive year in 2022". British Phonographic Industry (BPI). 9 March 2023. Retrieved 18 February 2024. £1.3 billion pounds equates to around US$1.6 dollars

[8] "The New Music Democracy - BPI" (PDF). BPI. 2023. Retrieved 18 February 2024.

[9] "IFPI Global Music Report 2023" (PDF). p. 10. Archived (PDF) from the original on 25 March 2023. Retrieved 19 April 2023.

[10] "IFPI Global Music Report 2022" (PDF). Archived from the original (PDF) on 23 March 2022.

[11] "IFPI Global Music Report 2021" (PDF). www.ifpi.org. Archived from the original (PDF) on 23 March 2021. Retrieved 11 January 2022.

[12] ttps://www.ifpi.org/wp-content/uploads/2020/07/Global_Music_Report-the_Industry_in_2019-en.pdf ^{[bare URL PDF]}

[13] "IFPI Global Music Report 2020: Music Revenues Rise for Fifth Straight Year to $20 Billion". Billboard.

[14] ttps://www.cudisco.org/pdf/GLOBAL-MUSIC%20REPORT-2019.pdf ^{[bare URL PDF]}

[RIAJ_Yearbook_2018-15] "RIAJ Yearbook 2018: IFPI Global Music Report 2018 (Page 4)". Recording Industry Association of Japan. Archived from the original on 18 June 2018. Retrieved 18 June 2017.

[RIAJ_Yearbook_2017-16] "RIAJ Yearbook 2017: IFPI Global Music Report 2017 (Page 5)". Recording Industry Association of Japan. Archived from the original on 8 August 2017. Retrieved 21 July 2017.

[RIAJ_Yearbook_2016-17] "RIAJ Yearbook 2016: IFPI Global Music Report 2016 (Page 5)". Recording Industry Association of Japan. Archived from the original on 24 July 2017. Retrieved 21 July 2017.

[RIAJ_Yearbook_2015-18] "RIAJ Yearbook 2015: IFPI 2013, 2014. Global Sales of Recorded Music (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[RIAJ_Yearbook_2014-19] "RIAJ Yearbook 2014: IFPI 2012, 2013 Report: 28. Global Sales of Recorded Music (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[RIAJ_Yearbook_2013-20] "RIAJ Yearbook 2013: IFPI 2011, 2012 Report: 29. Global Sales of Recorded Music (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[RIAJ_Yearbook_2012-21] "RIAJ: Yearbook 2012, IFPI 2010 Report: 31. Global Sales of Recorded Music by Country in 2010 (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[RIAJ_Yearbook_2011-22] "RIAJ: Yearbook 2011, IFPI 2009 Report: 33. Global Sales of Recorded Music by Country in 2009 (Page 23)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[RIAJ_Yearbook_2010-23] "RIAJ: Yearbook 2010, IFPI 2008 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[CIA:_The_World_Factbook:_Ireland-24] "CIA: The World Factbook: Ireland". Central Intelligence Agency. Retrieved 7 November 2010.

[CIA:_The_World_Factbook:_Iceland-25] "CIA: The World Factbook: Iceland". Central Intelligence Agency. Retrieved 7 November 2010.

[RIAJ_Yearbook_2009-26] "RIAJ: Yearbook 2009, IFPI 2007 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[RIAJ_Yearbook_2008-27] "RIAJ: Yearbook 2008, IFPI 2006 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 8 December 2015. Retrieved 29 November 2015.

[RIAJ_Yearbook_2006-28] "RIAJ: Yearbook 2006, IFPI 2004 Report (Page 23)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 13 September 2017. Retrieved 29 November 2015.

[CIA:_The_World_Factbook:_Slovakia-29] "CIA: The World Factbook: Slovakia". Central Intelligence Agency. Retrieved 7 November 2010.

[RIAJ_Yearbook_2007-30] "RIAJ: Yearbook 2007, IFPI 2005 Report (Page 24)" (PDF). Recording Industry Association of Japan. Archived (PDF) from the original on 13 September 2017. Retrieved 29 November 2015.

[CIA:_The_World_Factbook:_Paraguay-31] "CIA: The World Factbook: Paraguay". Central Intelligence Agency. Retrieved 26 February 2011.

[CIA:_The_World_Factbook:_Egypt-32] "CIA: The World Factbook: Egypt". Central Intelligence Agency. Retrieved 26 February 2011.

[RIAJ_Yearbook_2005-33] "RIAJ: Yearbook 2005, IFPI 2003 Report (Page 22)" (PDF). Recording Industry Association of Japan. Retrieved 21 June 2021.

[RIAJ_Yearbook_2004-34] "RIAJ: Yearbook 2004, IFPI 2002 Report (Page 23)" (PDF). Recording Industry Association of Japan. Retrieved 21 June 2021.

[35] Legrand, Emmanuel; White, Adam; LeBlanc, Larry; Lannert, John (8 May 1999). "U.S., U.K. shine in '98 IFPI stats". Billboard. Vol. 111, no. 19. pp. 1, 72 – via Google Books.

[36] Clark-Meads, Jeff (9 May 1998). "Domestic Push Seen as a Cure for '97's Flat Global Sales". Billboard. Vol. 110, no. 19. pp. 1, 87 – via Google Books.

[37] White, Adam (10 May 1997). "IFPI Stats Show Top 10 Markets Were Flat in '96". Billboard. Vol. 109, no. 19. pp. 1, 74 – via Google Books.

[38] Clark-Meads, Jeff (24 October 1992). "World Music Sales Up 5.5% in '91, But New Markets Falter, IFPI Says". Billboard. Vol. 104, no. 43. pp. 8, 87 – via Google Books.

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List of largest recorded music markets

Contents

IFPI annual data

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

1998

1997

1996

1991

Statistics

See also

References