01
$57.5BGlobal art-market sales in 2024
The worldwide art market was valued at an estimated $57.5 billion, down 12% from 2023.
Source: Art Basel and UBS Global Art Market Report 2025, April 2025
Reference
Current figures on the art market, collecting, online sales, and the wider U.S. arts economy. Each statistic is linked to its original published source.
Last updated September 3, 2026

At a glance
Use these figures as a starting point for understanding how art is bought, sold, and experienced today. Market estimates describe broad activity, not the value of any individual artwork.
01
$57.5BThe worldwide art market was valued at an estimated $57.5 billion, down 12% from 2023.
Source: Art Basel and UBS Global Art Market Report 2025, April 202502
40.5MTransaction volume rose 3% in 2024, even as total market value declined.
Source: Art Basel and UBS Global Art Market Report 2025, April 202503
43%The United States remained the largest market by value, with $24.8 billion in sales in 2024.
Source: Art Basel and UBS Global Art Market Report 2025, April 202504
+17%Dealers with annual turnover below $250,000 reported a 17% rise in sales in 2024.
Source: Art Basel and UBS Global Art Market Report 2025, April 202505
44%Just under half of dealer buyers were new to that business in 2024, accounting for 38% of sales.
Source: Art Basel and UBS Global Art Market Report 2025, April 202506
+7%Auction sales below $5,000 increased 7% in value and 13% in lots sold during 2024.
Source: Art Basel and UBS Global Art Market Report 2025, April 202507
$10.5BOnline sales totaled $10.5 billion in 2024, still 76% above their 2019 level.
Source: Art Basel and UBS Global Art Market Report 2025, April 202508
22%Online channels represented 22% of dealer sales in 2024, compared with 13% in 2019.
Source: Art Basel and UBS Global Art Market Report 2025, April 202509
$1.17TArts and cultural production accounted for 4.2% of U.S. gross domestic product in 2023.
Source: U.S. Bureau of Economic Analysis, Arts and Cultural Production Satellite Account, April 202510
5.4MThe sector supported 5.4 million jobs nationally in 2023, following 0.3% employment growth.
Source: U.S. Bureau of Economic Analysis, Arts and Cultural Production Satellite Account, April 2025For collectors
The broad figures tell one story: more art is changing hands at accessible price points, new buyers continue to enter the market, and online discovery remains an established part of collecting.
For the work itself, the connection is still personal. A painting earns its place through the feeling it carries, the craft behind it, and the way it lives with you over time.
Methodology and sources
This page uses published figures from named institutions and reports. Figures retain the year used by the original publisher and are reviewed regularly as new editions become available.
Lasonio Fine Art. “Art Market Statistics 2026.” Updated September 3, 2026. https://lasoniofineart.com/art-market-statistics