COVID-19 impact on museums revenue worldwide 2020

During the coronavirus (COVID-19) pandemic, several museums worldwide had to close to the public for long periods, as governments enacted lockdowns and strict safety regulations to contain the health crisis. As a result of the closures, most museums around the world reported revenue losses in 2020. According to a May 2021 study, about 12.5 percent of surveyed museums lost more than 90 percent of annual revenue in 2020. Meanwhile, only one in ten institutions experienced a revenue loss of up to 10 percent.

Share of annual revenue lost by museums worldwide during the coronavirus (COVID-19) pandemic in 2020

Characteristic	Share of respondents
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Release date

July 2021

More information

Region

Worldwide

Survey time period

April 15 to May 29, 2021

Number of respondents

approx. 840*

Special properties

museum employees and governance

Supplementary notes

*The source specifies that: "51 percent of respondents come from Europe, 8.3 percent from North America, 13.9 percent from Latin America and the Caribbean, 11.6 percent from Asia, 8.3 percent from Africa, 4.3 percent from the Pacific, and 2.6 percent from the Arab Countries region".

The survey question was phrased by the source as follows: "What percentage of its annual revenues did your museum lose in 2020?".

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