ArtBasel/UBS 2021 Art Market Highlights Report
The recently released 2021 Art Market Report contains tons of statistics comparing 2020 to a few previous years. The highlights are available here. As you might expect, the pandemic and various international policies had their effects, multi-billionaires still invest in art because it continues to appreciate at a high rate, and the big three—USA/UK/China—continue to spend the most money on art.
Illustration derived from a portion of a chart in the ArtBasel report mentioned above and the “Three Heads” schematic by Gerd Altmann, which has been placed in the public domain via a Creative Commons CC0 license.