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 2019 107.00 0.19%
UK Inflation Rate Mar 2019 1.90% Chg Yr 0.00%
Employment (View all 1)
UK Unemployment Rate Jan 2019 3.90% 0.00%
Energy (View all 1)
United Kingdom Gas Rig Count Mar 2019 2.00 -33.33%
United Kingdom Petroleum Products Demand Dec 2018 6.128M mt -2.12%
GDP (View all 1)
United Kingdom GDP (SCA) Q4 2018 604.52B EUR 1.32%
United Kingdom Real GDP Growth (SCA) Q4 2018 1.80% -30.77%
Government Assets and Liabilities (View all 1)
UK General Government Gross Debt Outlook (NSA) 2024 80.30% of GDP -1.47%
House Prices (View all 1)
United Kingdom House Price Index Q3 2018 146.69 0.88%
Interest Rates (View all 1)
3-Month LIBOR based on US Dollar Apr 12 2019 2.60% 0.16%
United Kingdom Long Term Interest Rate Mar 2019 1.14% -5.00%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) Mar 2019 114.20 0.09%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator Mar 2019 100.80 1.61%
View and sort all 1590 United Kingdom Indicators

United Kingdom Sources

Office for National Statistics

Related Indicator Reports

Report Last Updated
UK Retail Sales Report Apr 18, 04:38 EDT
UK Producer Price Index Report Apr 17, 04:39 EDT
UK Consumer Price Index Report Apr 17, 04:39 EDT
UK House Price Index Report Apr 17, 04:33 EDT
UK Labor Market Statistics Report Apr 16, 04:37 EDT
UK Industrial Production Index Report Apr 10, 04:37 EDT
UK Quarterly National Accounts Report Mar 29, 05:44 EDT



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