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) Apr 2017 102.90 0.39%
UK Inflation Rate (NSA) Apr 2017 2.69% 17.39%
Economic Activity Indexes (View all 1)
United Kingdom Economic Freedom Index 2016 76.40 0.79%
Employment (View all 1)
UK Unemployment Rate Mar 2017 4.60% 0.00
Energy (View all 1)
United Kingdom Gas Rig Count May 2017 2.00 100.0%
United Kingdom Petroleum Products Demand Apr 2017 5.774M mt -0.96%
GDP (View all 1)
United Kingdom GDP (SCA) Q1 2017 578.09B EUR 1.79%
United Kingdom Real GDP Growth (SCA) Q1 2017 -8.30M EUR -43.15%
Government Assets and Liabilities (View all 1)
United Kingdom Government Debt (NSA) 2014 88.17% of GDP 2.25%
House Prices (View all 1)
United Kingdom House Price Index Q1 2016 148.21 1.92%
Interest Rates (View all 1)
3-Month LIBOR based on US Dollar Jun 15 2017 1.27% 1.37%
United Kingdom Long Term Interest Rate May 2015 1.94% 17.58%
Producer Prices (View all 3)
UK Producer Price Index: Net Sector Input (NSA) May 2017 105.00 -1.50%
Sentiment Surveys (View all 1)
United Kingdom Economic Sentiment Indicator May 2017 108.20 -2.08%
View and sort all 1798 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 15, 04:36 EDT
UK Labor Market Statistics Report Jun 14, 04:36 EDT
UK Producer Price Index Report Jun 13, 04:31 EDT
UK Industrial Production Index Report Jun 9, 04:31 EDT
UK Business Investment Report May 26, 20:19 EDT
UK Consumer Price Index Report May 16, 04:31 EDT
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