United Kingdom Economy

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With a nominal GDP of $2.4 trillion, Great Britain possesses the third-largest economy in Europe and the sixth largest economy in the world. With 73% of GDP concentrated in service sector, with Great Britain being a major global hub for finance and tourism. In the manufacturing sector, the automotive, aerospace, and pharmaceutical industries make up the substantial majority. Over the last five years, statistical indicators regarding the health of the overall British economy has declined, with government debt rising from 44% to 82.9$ of GDP, unemployment increasing from 5.2% to 7.6%, and the economy officially entering recession beginning in the final quarter of 2008.

Major United Kingdom Indicators

Period Value % Chg Prev
Consumer Prices (View all 1)
UK Consumer Price Index (NSA) Jul 2018 105.80 0.00%
UK Inflation Rate (NSA) Jul 2018 2.52% 4.10%
Employment (View all 1)
UK Unemployment Rate May 2018 4.00% -4.76%
Energy (View all 1)
United Kingdom Gas Rig Count Jul 2018 1.00 0.00%
United Kingdom Petroleum Products Demand May 2018 6.046M mt -1.42%
GDP (View all 1)
United Kingdom GDP (SCA) Q2 2018 597.77B EUR 1.57%
United Kingdom Real GDP Growth (SCA) Q2 2018 0.00%
Government Assets and Liabilities (View all 1)
UK General Government Gross Debt (NSA) 2023 82.50% of GDP -1.32%
House Prices (View all 1)
United Kingdom House Price Index Q4 2017 144.57 1.53%
Interest Rates (View all 1)
3-Month LIBOR based on US Dollar Aug 09 2018 2.34% -0.11%
United Kingdom Long Term Interest Rate Jul 2018 1.27% -3.79%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) Jul 2018 116.80 0.60%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator Jul 2018 108.50 1.50%
View and sort all 1784 United Kingdom Indicators
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United Kingdom Sources

Office for National Statistics

Related Indicator Reports

Report Last Updated
UK Retail Sales Report Aug 16, 04:31 EDT
UK Consumer Price Index Report Aug 15, 04:32 EDT
UK Producer Price Index Report Aug 15, 04:32 EDT
UK House Price Index Report Aug 15, 04:31 EDT
UK Labor Market Statistics Report Aug 14, 04:35 EDT
UK Industrial Production Index Report Aug 10, 05:45 EDT
UK Quarterly National Accounts Report Aug 10, 04:31 EDT
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