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) Oct 2018 106.70 0.09%
UK Inflation Rate (NSA) Oct 2018 2.40% -0.10%
Employment (View all 1)
UK Unemployment Rate Sep 2018 4.10% 0.00%
Energy (View all 1)
United Kingdom Gas Rig Count Nov 2018 1.00
United Kingdom Petroleum Products Demand Sep 2018 6.399M mt 3.78%
GDP (View all 1)
United Kingdom GDP (SCA) Q3 2018 594.60B EUR -0.72%
United Kingdom Real GDP Growth (SCA) Q3 2018 2.70% 800.0%
Government Assets and Liabilities (View all 1)
UK General Government Gross Debt (NSA) 2023 84.00% of GDP -1.29%
House Prices (View all 1)
United Kingdom House Price Index Q1 2018 145.49 1.07%
Interest Rates (View all 1)
3-Month LIBOR based on US Dollar Dec 05 2018 2.77% 0.98%
United Kingdom Long Term Interest Rate Nov 2018 1.44% -7.69%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) Oct 2018 119.70 0.84%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator Nov 2018 105.50 -2.85%
View and sort all 1783 United Kingdom Indicators
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United Kingdom Sources

Office for National Statistics

Related Indicator Reports

Report Last Updated
UK Labor Market Statistics Report Dec 11, 04:32 EST
UK Industrial Production Index Report Dec 10, 04:31 EST
UK Public Sector Finances Report Nov 21, 04:31 EST
UK Retail Sales Report Nov 15, 04:35 EST
UK Consumer Price Index Report Nov 14, 04:31 EST
UK Producer Price Index Report Nov 14, 04:31 EST
UK House Price Index Report Nov 14, 04:31 EST
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