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) Aug 2021 112.10 0.72%
UK Inflation Rate Aug 2021 3.20% 60.00%
Employment (View all 1)
UK Unemployment Rate Jun 2021 4.60% -2.13%
Energy (View all 1)
United Kingdom Gas Rig Count Aug 2021 2.00 100.0%
United Kingdom Petroleum Products Demand Nov 2020 4.482M mt -7.89%
GDP (View all 2)
United Kingdom GDP (SCA) Q3 2020 596.84B EUR 11.19%
United Kingdom Real GDP YoY (SCA) Q3 2020 -8.60%
Government Assets and Liabilities (View all 1)
UK General Government Gross Debt Outlook (NSA) 2026 113.0% of GDP 0.71%
House Prices (View all 1)
United Kingdom House Price Index Q4 2020 158.63 4.52%
View and sort all 1599 United Kingdom Indicators

Related Indicator Reports

Report Last Updated
Producer Price Inflation Sep 15, 05:44 EDT
Sterling Overnight Index Average (SONIA) Sep 15, 04:33 EDT
UK House Price Index Sep 15, 04:33 EDT
UK Consumer Price Index Sep 15, 04:32 EDT
UK Labor Market Statistics Sep 14, 04:32 EDT
UK Industrial Production Index Sep 10, 04:32 EDT
UK Public Sector Finances Aug 20, 04:32 EDT

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