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 2019 107.90 0.28%
UK Inflation Rate May 2019 2.00% -4.76%
Employment (View all 1)
UK Unemployment Rate Mar 2019 3.80% 0.00%
Energy (View all 1)
United Kingdom Gas Rig Count May 2019 1.00 0.00%
United Kingdom Petroleum Products Demand Mar 2019 5.84M mt 2.96%
GDP (View all 1)
United Kingdom GDP (SCA) Q1 2019 620.23B EUR 2.60%
United Kingdom Real GDP Growth (SCA) Q1 2019 2.90% 61.11%
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 Jun 17 2019 2.42% 0.69%
United Kingdom Long Term Interest Rate May 2019 1.06% -7.83%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) May 2019 116.40 0.26%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator May 2019 94.50 -4.83%
View and sort all 1602 United Kingdom Indicators

United Kingdom Sources

Office for National Statistics

Related Indicator Reports

Report Last Updated
UK Public Sector Finances Report Jun 21, 04:37 EDT
UK Retail Sales Report Jun 20, 04:37 EDT
UK Consumer Price Index Report Jun 19, 04:38 EDT
UK Producer Price Index Report Jun 19, 04:33 EDT
UK House Price Index Report Jun 19, 04:32 EDT
UK Labor Market Statistics Report Jun 11, 04:32 EDT
UK Industrial Production Index Report Jun 10, 04:36 EDT



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