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) Sep 2019 108.50 0.09%
UK Inflation Rate Sep 2019 1.70% 0.00%
Employment (View all 1)
UK Unemployment Rate Jul 2019 3.90% 2.63%
Energy (View all 1)
United Kingdom Gas Rig Count Sep 2019 1.00 -50.00%
United Kingdom Petroleum Products Demand Jul 2019 5.971M mt 0.02%
GDP (View all 1)
United Kingdom GDP (SCA) Q2 2019 630.91B EUR 0.47%
United Kingdom Real GDP Growth (SCA) Q2 2019 2.50% -16.67%
Government Assets and Liabilities (View all 1)
UK General Government Gross Debt Outlook (NSA) 2024 83.30% of GDP -0.60%
House Prices (View all 1)
United Kingdom House Price Index Q1 2019 147.41 0.00%
Interest Rates (View all 1)
3-Month LIBOR based on US Dollar Oct 16 2019 2.00% 0.06%
United Kingdom Long Term Interest Rate Sep 2019 0.58% 18.37%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) Sep 2019 115.20 -0.86%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator Sep 2019 88.00 -4.86%
View and sort all 1600 United Kingdom Indicators

United Kingdom Sources

Office for National Statistics

Related Indicator Reports

Report Last Updated
UK Public Sector Finances Report Oct 22, 04:36 EDT
UK Retail Sales Report Oct 17, 04:36 EDT
UK Consumer Price Index Report Oct 16, 04:37 EDT
UK House Price Index Report Oct 16, 04:31 EDT
UK Producer Price Index Report Oct 16, 04:31 EDT
UK Labor Market Statistics Report Oct 15, 04:37 EDT
UK Business Investment Report Sep 30, 04:33 EDT



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