I agree. I think also there's problems with how GDP is calculated.
If everyone who used spotify was paying 79p per track you would see massive economic growth in the music sector. However because it's an all inclusive streaming service not a huge amount more money is moving through it.
However as a consumer I am getting 1000x more music now than when I was 15yrs old. That doesn't seem to get recorded though.
So much stuff on the internet (like stack overflow or github) has gargantuan economic value but doesn't figure in GDP stats because it's mostly free.