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) May 2018 105.80 0.38%
UK Inflation Rate (NSA) May 2018 2.42% -0.39%
Employment (View all 1)
UK Unemployment Rate Mar 2018 4.20% 0.00%
Energy (View all 1)
United Kingdom Gas Rig Count May 2018 1.00
United Kingdom Petroleum Products Demand Mar 2018 6.049M mt 3.97%
GDP (View all 1)
United Kingdom GDP (SCA) Q1 2018 585.16B EUR 0.78%
United Kingdom Real GDP Growth (SCA) Q1 2018 -1.30%
Government Assets and Liabilities (View all 1)
United Kingdom Government Debt (NSA) 2017 87.03% of GDP -1.31%
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 Jun 15 2018 2.33% -0.37%
United Kingdom Long Term Interest Rate May 2018 1.42% -1.39%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) May 2018 115.50 3.31%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator May 2018 107.40 1.80%
View and sort all 1775 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 Jun 21, 04:31 EDT
UK Retail Sales Report Jun 14, 04:31 EDT
UK Consumer Price Index Report Jun 13, 04:32 EDT
UK Producer Price Index Report Jun 13, 04:31 EDT
UK House Price Index Report Jun 13, 04:31 EDT
UK Labor Market Statistics Report Jun 12, 04:31 EDT
UK Industrial Production Index Report Jun 11, 06:35 EDT
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