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) Mar 2018 105.00 0.10%
UK Inflation Rate (NSA) Mar 2018 2.44% -11.06%
Employment (View all 1)
UK Unemployment Rate Jan 2018 4.20% -2.33%
Energy (View all 1)
United Kingdom Gas Rig Count Mar 2018 1.00 0.00%
United Kingdom Petroleum Products Demand Feb 2018 5.818M mt 1.54%
GDP (View all 1)
United Kingdom GDP (SCA) Q4 2017 580.62B EUR 1.88%
United Kingdom Real GDP Growth (SCA) Q4 2017 -0.40%
Government Assets and Liabilities (View all 1)
United Kingdom Government Debt (NSA) 2016 89.26% of GDP 0.34%
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 Apr 19 2018 2.36% 0.12%
United Kingdom Long Term Interest Rate Mar 2018 1.45% -7.64%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) Mar 2018 110.50 -0.18%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator Mar 2018 105.30 -3.84%
View and sort all 1789 United Kingdom Indicators
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United Kingdom Sources

Office for National Statistics

Related Indicator Reports

Report Last Updated
UK Public Sector Finances Report Apr 24, 04:31 EDT
UK Retail Sales Report Apr 19, 04:31 EDT
UK Consumer Price Index Report Apr 18, 04:33 EDT
UK Producer Price Index Report Apr 18, 04:33 EDT
UK Labor Market Statistics Report Apr 17, 04:31 EDT
UK Industrial Production Index Report Apr 11, 06:33 EDT
UK Quarterly National Accounts Report Mar 31, 00:35 EDT
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